Games to strengthen your money management skills

Happy New Year everyone! I wish all of you a happy and prosperous new year. I hope all your goals and resolutions get fulfilled this year. My resolution this year is to gain economic stability through strategic money management decisions. I have been working on my money management skills from last year and today I am going to talk about a fun and interactive way I found to develop money management skills. In today’s world it is also very important to teach our kids the vital money management skills and this website I am going to talk about is going to help that as well. So without further adieu let’s tell you about this amazing website I found.

Money Management Simulation Games

The website I am going to talk about today is mortgagecalculator.org which is an amazing website to calculate mortgage payments and affordability and I got a lot of benefits from this website myself, so you definitely check it out. The specific section of this website that will help in your money management skills is

https://www.mortgagecalculator.org/money-games/

This is a section of the website where they have some fun and interactive online games that can teach kids and even adults some valuable money management skills. The games are designed to mimic real life situations for money management at home, work or business. It is a great tool to introduce your kids to take vital money management decisions through interactive games that kids love to play, so I definitely recommend to check them out!

Types of Money management games

The website offers various categories of games for kids as follows. Some of them are great for adults too to up-skill your decision making ability for money management situations at home or business which is the best factor I like. You get to teach your kids and learn yourself from it. Check out these games now:

• Money Games: These games are great for kids to learn counting money and making change, understand Bitcoin concetps, NFTs and more.
• Real Estate Games: These games are fun and interactive ways mimic real estate situations like buy and sell properties, build a LEGO city, table structure etc. You can have some fun by using dynamite to blow up structures too!
• Food Business Simulation Games: These games are fun way to run a simulation coffee shop, grocery store, farm, or restaurant. These are so realistic in nature that you can relate to your own business!
• Business Simulation Games: These games show management of mining business, run a jewelry shop, become a florist, or become a corporate overlord. The corporate overlord is one of my favorite and much check!
• Software Development Games: These games are a fun and casual way to teach children about coding logic, software creation and management, build a startup business that are important life lessons.
• Office Politics Games: These are some fun games to mimic real life situations of internal competition, conflict resolution & team building. I can relate so many features of these games with things we see if office everyday!

The Benefits

Having an economic stability and learning money management skills is so important for kids to know as early as possible in life. It is sometimes hard for parents to show them the ways in early age which is where these games can be very beneficial. Kids love to play games and these games are designed to have fun as well as learn the skills through the way. Some of these games mimic real life situations in the best way possible which is amazing for kids to see and learn how to handle money management decisions in complex situations of work life in a fun and interactive way. I myself learn a lot of skills while playing these, so these are great for adults to learn as well while teaching the kids.

My favourite games

Grocery Cashier

This is such a fun and interactive game where you play the role of a grocery cashier and handle all cashier functions of billing and providing correct change to customers. The best part I like is the difficulty level increases as you play and to make it realistic, you have enter amounts in the cashier pad and not your keyboard. Cashier jobs are great for kids and I found it an amazing way to train beforehand in the most fun way possible. Play it here:

https://www.mortgagecalculator.org/money-games/grocery-cashier/

Lego City Adventures Build and Protect

Lego is my own personal favorite and favorite for all kids as well. This is a fun exciting game to build parts of city using lego structures and I love how the game opens new zones as you keep building. It is also a balance act to collect taxes and manage money to keep building which kids will love to handle the challenge. You can play it here:

https://www.mortgagecalculator.org/money-games/lego-city-adventures-build-and-protect/

Coffee Shop

I always had a wish to run a coffee shop and this game made me excited! It is an amazing simulation where you handle the demand vs supply and manage costs in the best way to gain profits. You have to also make sure the customers are happy and I can tell you from playing this game, it is very hard to do that sometimes! Try it out yourselves and see:

https://www.mortgagecalculator.org/money-games/coffee-shop/

Corporate Overlord
It is a little complex game where you build a sky scraper in the city handling the income and costs. It is great for kids and adults too to calculate and understand the costs involved in building and make strategic decisions on the order of building so that your cash does not get depleted. Great game to play it together with your kid and teaches some valuable lessons. Try it out here:

https://www.mortgagecalculator.org/money-games/corporate-overlord/

Hope you all would love playing these money management simulation games and will help to teach your kids some valuable money management lessons in a fun and interactive way. If you see it helped teaching your kids, let me know. Happy playing!

XOXO

That Neon Girl