TOPIC:

Saving Money in a Bank Account

RESOURCES NEEDED:

A computer

LEARNING OPPORTUNITY:

When children start putting some of their money in a bank account, they are learning how to save some money for the future. By playing this game they are practicing real life skills.

THE ACTIVITY:

• Open the following website and teach your child how to play the game.
  • Money Metropolis      https://www.practicalmoneyskills.com/play/money_metropolis

TIPS:

• Have some paper and pencil or a calculator available for your child to use to make the necessary calculations when they are playing the game.

FOLLOW UP IDEAS:

• Visit your local bank with your child and open up a savings account for them.
• Play another savings game at: http://practicalmoneyskills.ca/games/

WEBSITES:

• Bank of Montreal link to children’s saving account.
  http://www.bmo.com/home/personal/banking/everyday/youth-and-students/kids-accounts
• A site that helps parents find the best bank account for their child.
  http://www.ratesupermarket.ca/childrens_bank_accounts/