Banking
5 Must-Do Summer Activities for Kids | OneUnited Bank
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DIY Craft Day
Low budget and convenient, bring the power of financial literacy to crafting! Grab what you already have at home and set up a station with paper, crayons, glue, and recycled items. As you get creative with your DIY projects, add savings jars to your list. Using empty jars or containers, help your kids decorate them with labels like “Save,” “Spend,” and “Share.”
New chapter in summer school: Goal setting!
Using this approach, you can introduce the concept of goal setting by having them set small saving goals, such as saving for a new toy or an activity with their friends. Encourage them to add spare change and any money they get as gifts in each jar strategically. A hands-on approach to building financial literacy familiarity, this approach helps make saving and budgeting tangible.
Mini Farmers Market
Marketplace made simple! Have your kids grab fruits, vegetables, or homemade goods like cookies they can “sell.” Provide them with play money to buy and sell items from each other or you.
What a fun way to bring to life the complex concepts surrounding selling your goods in the market by creating a simulation!
This fun activity increases money smarts by teaching them the basics of commerce, pricing, and the value of money. They might not make the best financial decisions at first but they will learn through the process to look at money differently and reconsider how they can use it best next time.
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