PennyGem’s Elizabeth Keatinge tells us how kids can learn about money through video games.
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LearningTranscript
00:00 [music]
00:04 "No more video games!" you may have yelled at your kids.
00:07 Well, depending on what they're playing, you may want to encourage them to play.
00:11 There's plenty of games that teach financial literacy.
00:14 As CNBC highlights, Animal Crossing on Nintendo Switch teaches paying off debt
00:19 by doing various things like selling fish or weeds.
00:22 The price of turnips can also change from day to day,
00:25 offering a lesson in commodities and the stock market.
00:27 There's plenty of free games online, like Peter Pig's Money Counter,
00:31 Fruit Shoot Coins, and Financial Football and Soccer.
00:34 As experts tell NerdWallet, even non-finance themed games
00:38 may be teaching your kids a thing or two about money.
00:41 Discussions like "How do you keep your things safe inside of Minecraft?"
00:45 can help kids learn about the concept of a bank.
00:48 Jeff Haines of Common Sense Media tells NerdWallet how
00:51 the money lessons can even start before the game is played.
00:55 Kids have to consider how much games cost
00:57 and why they would consider one over the other.
01:00 (upbeat music)