Why is it important: Currency – virtual or physical is usually kids first foray in learning about money. Kids should learn to recognize that currency comes in different shapes, sizes and colors.
Step 1: Collect a bunch of coins and spread them on a mat or floor.
Step 3: Let them create piles of coins.
Step 4: Tell them what different coins are called. Example: “This is a penny”, “This is a quarter”.
Step 5: Ask them to repeat what they have learnt. Example: “What is this coin called”
Step 6: Make it fun! Ideas
- Time them: Can the beat their previous time?
- Create chaos: While kids are sorting the coins, add more to the bunch periodically.
- Make it a competition: Make it a competition between friends or brothers & sisters.
Parents need to actively start teaching kids about money from an early age. Talking about money doesn’t have to be awkward. It can be fun! Miss Fingy
What kids will learn: Recognizing coins by names, understanding that different currencies have different shapes, sizes, engravings and colors.
How do you teach your kids about coins and their shapes? Please let us know what you thought about this activity by posting comments!