Saturday 13 August 2022

Independence: Learning about Money

*** Please note that we do not receive commissions of any kind in regards to this post. The product mentioned in the post is simply a product that we have found useful. ***

In raising children, regardless of if they are neurodiverse or neurotypical, all parents just want their children to learn the skills to become independent as an adult - well that's what we want anyway!

One of the skills that Daddy Superhero and I are constantly teaching both little superheroes about is money handling skills.

As with most children, both little superheroes struggle with the concept of money - how to earn money, spending money, budgeting and saving money, and the fact that money doesn't grow on trees! 

A few years ago we introduced the concept of superhero bucks, and while both little superheroes seemed to grasp the concept, the superhero bucks just wasn't teaching them the budgeting skills that they both need to learn.

Early last year, we purchased a game called "Pocket Money." It is a little like Monopoly, but all themed around spending and earning money. The game box includes the game board, a dice, game pieces and pretend coins and notes that are similar size to the currency in Australia.

When we first introduced the game, both little superheroes immediately loved playing the game - and over a year on, they still love playing the game.

For L it's more about recognising the value of each of the coins and notes and that money values can look different, for example $4 can be made up using different monetary  denominations. We also work on his maths skills.

For O it's more about beginning to learn budgeting skills, as well mental maths skills in calculating how much change O would receive when "spending" money in the game.

And because we have fun while playing the game, neither of the little superheroes realise that they're actually learning and practising skills while having fun.

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