ThreeJars Daily: Instill Money Skills On The Way To Grandma’s

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Instill Money Skills On The Way To Grandma’s




You don’t have to rely on a board game, book, iPhone app or DVD to get your child to sharpen her money know-how. Just play this variation of the “Would you rather” game, where she must choose between two given money scenarios. You can play in the car, at home, while walking down the street—anywhere. Let the fun—and learning—begin!

By Suzanne Bergin

Getting started
Silly and fun questions will get the game going at break-neck speed. Start with inquiries like, “Would you rather jump into a pool of marshmallows or a pool of Jell-O?” or “Would you rather be invisible or able to fly?”
Challenge your child to explain why she decided upon the choice made. Stress the fact that it’s not a test. There are no right answers, but they should carefully consider the options.
Once they understand how the game works, sprinkle in value-based questions to prompt your child to think about money and what it can and can’t achieve in their lives.
Here are ten questions to transform the game from sheer frivolity to a lesson in developing a healthy attitude towards money:

Would you rather…

1. Have a million dollars and no friends, or a million friends and no money?
2. Live in a big house but go to a lousy school, or live in a small house but go to an awesome school?
3. Have $100 to spend on yourself, or have $1,000 to give to the charity of your choice?
4. Be rich but never see your family, or poor but able to see your family whenever you want?
5. Receive $10 today, or $20 next year?
6. Get $1,000 every day but always have a cold, or get $10 a day and maintain perfect health?
7. See two movies at a cinema complex, or only one movie enjoyed with popcorn, soda, and Raisinettes?
8. Have $1 million to spend on things to own, or things to do?
9. Spend $30,000 to pay for your wedding, or use that same amount of money to get a start in life?
10. Be ugly and rich, or beautiful and poor?

Suzanne Bergin is a freelance writer who lives in Pennsylvania with her husband and three vivacious young children.


December 13, 2010 at 1:03 PM
Anonymous said...

Great article! You've given me a completely new (and fun) way to open up conversations with my children. Can't wait to try it. Thank you!

December 14, 2010 at 4:52 PM
ThreeJars said...

Glad you found this helpful. With the uncertain economic climate, we really need to take every teaching opportunity we get. Keeping it fun helps.

December 27, 2010 at 4:07 PM
Anonymous said...

This is a great conversation starter even for your teenage children.

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