4 Great Apps for Teaching Kids About Money | St. Johns Bank
Little ones watch adults pay for goods and services from very close to their first days on earth, so it’s only natural they would develop curiosity about this trade of paper, plastic and metal for things they want. The good news is, there are apps aplenty to help you teach them.
Teaching children about money is an important part of preparing them for adulthood. It’s also a great way of developing both simple and complex math skills, including addition, subtraction and division.
Never fear if you aren’t a math master, these apps can help give kids a fun look at how money works and take the pressure off you.
Available on: Android, iPhone
Ages: 5–8
Wise Peter Pig doesn’t just teach kids how to identify, count and save money, he also throws in some fun facts about U.S. currency and games kids can play as they “earn money” by answering challenges correctly in the app.
Available on: Android, iPhone
Ages: NA
This one was developed for the National Center for Families Learning and funded by the Dollar General Literacy Foundation, a fact that is obvious throughout the game. While no age range is specified, it’s probably better for older kids. Competitors race a high-speed shopping cart through various settings to collect items from a shopping list and coins, then take their items to a checkout and choose the ones that represent the better deal.
Available on: Amazon, Android, iPhone
Ages: 5–14
Developed by a kid for kids, Bankaroo is the brainchild of an honors student who was frustrated when, at the age of 11, he couldn’t find an app that could help kids track their money. It’s less of a game than the first two and more of a tool for teaching kids how to manage their actual money, including setting goals and saving toward them.
Available on: Any device with an updated browser
Ages: All
This isn’t an app but a web-based suite of games developed by the United States Mint that kids can play on most any device with an internet browser. These will generate some serious nostalgia for millennial parents who grew up playing educational computer games at school and will teach kids about math, money, space, the United States and much more.
From our youth savings accounts perfect for young ones to our long-term investments that can help fund big life events such as college and buying a first home, St. Johns Bank is here to support our customers throughout their lives.