Learning Money with LeoThanks to RBC Royal Bank, kids can have fun and learn about the value of money with their latest app. The games and activities are narrated by Leo the lion. He gives simple instructions and positive messages to engage your children and cheer them on to success. The app provides parents a practical and fun way to help teach kids about the concepts and value of money. The app is FREE to download from the App Store.
Activities include 5 colourful and exciting games that provide children with an opportunity to recognize coins of different denominations, and interact with them in a variety of ways. There is also a read-along story book, coloring book, as well as sticker book.
Once children earn reward coins by playing the games, they can buy stickers at the sticker store, choose a scene to paste them on, and even take a final picture of their masterpiece.Features & Benefits:
- Provide kids with an introduction to the concepts and value of money
- Teach kids about earning, saving, and spending money
- Help kids develop a foundation of basic money skills that they can build upon in years to come
Little Brandon was excited when I told him that I had a new iPad game called Learning Money with Leo from RBC Royal Bank. He loves playing and learning on my iPad. I think this app is his new favorite now because he wouldn't let go of it and wants to keep trying. He was playing with it all day! His most favorite part was earning money to buy his virtual stickers to add to his collection.
For me, I like the "Sort the Coins" activity. It teaches Brandon how to count and how to sort coins by putting the same coins in the right piggy bank. We have play money, too, which also helps him learn, but sometimes it does go missing around the house.
Teaching young children about money is definitely one of those life skills that can sometimes be overlooked. Yet it’s so important to build a solid foundation of money concepts for your child to build on. This new iPad application will help children with the development of basic money skills at an early age, and will ensure that they can build upon these essential life-skills for years to come. Plus, it’s a lot of fun, so it’ll also keep them entertained when you most need it! You can find out more tips on teaching your kids about money at https://www.rbcadvicecentre.com and http://www.rbcroyalbank.com/learning-money-with-leo/index.html
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One (1) lucky reader will have a chance to win a $50 RBC Visa Gift Card. It can be used to make purchases wherever Visa is accepted. Chosen winner will be selected via Random.org through Rafflecopter and is open to CANADIAN RESIDENTS ONLY (ends April 20, 2012 at 11:59pm EST). Winner will have 48 hours to respond to claim their prize. You may enter across multiple blogs, but may only win one prize.
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Disclosure: I am participating in the RBC Learning Money With Leo program by Mom Central Canada on behalf of RBC Royal Bank. I received compensation as a thank you for participating and for sharing my honest opinion. The opinions on this blog are my own.
48 comments:
I take my son shopping with me and let him help me pick out items on sale, use coupons and show him the responsible way to spend money, not just throwing it away
bluebelle0367(at)hotmail(dot)com
belinda mcnabb
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belinda mcnabb
We give him a small amount every week for completing his chores. He has had to learn to budget to get some of the toys he wants, it has been a valuable tool.
runningmatey at hotmail dot com
I don't have children but providing an allowance could be a launching off point for laying the foundations of money management.
It's so important to teach kids the value of money because too many people these days take it for granted. Kids need to know to manage money NOW so that we can all have a financially secure world in the future!
My son gets a weekly allowance and I encourage him to save some of it. He's learning that if he wants to buy something, it'll require a certain amount of saving before he can buy it.
jentam777 at gmail dot com
We teach my daughter by discussing money and if you don't have the money you save up the money to get it later
thanks
flower_child_23(at)hotmail(dot)com
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flower_child_23(at)hotmail(dot)com
I believe it's important to learn your independance when you are young. Especially if you are a girl. I wanted my kids to know that they can rely on themselves. I wanted their relationships to be developed with independance. I started giving them an allowance when they were five. We then had then put part of it in a jar and once a month we would deposit it to their bank account and they got to watch how it grew!
sweetpeg at gmail dot com
My son used to get an allowance...when he was young and he had to save up for something he really wanted or blow it on something silly. He learned fast!
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Its a little different with my son wjo is diagnosed with autism we have to show him physical and tactile learning. So we show him by printing it and subtracting when money is spent and his bank book when money is pout in it is added so he sees it rise
I have let my best friend's 5 yr old shop with me and be 'in charge' of the money when paying to allow her to see what every day items cost.
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Google+ Suzie B
My son is only 10 months old so we haven't started teaching him about money yet but when he is a little older, I plan on implementing an allowance and teaching him about budgeting.
weezi_k (at) hotmail (dot) com
I follow you on Google+ as Lisa K Hansen.
weezi_k (at) hotmail (dot) com
I teach my children about money by having them save up for things they want.
Laura P
I teach my child about money by teaching him to save for things,he saves up money and helps pay for his hockey and things he wants,I teach him to not spend everything at once,and save for a rainy day.
ksceviour at hotmail dot com
open a bank account for them and teach them about saving
I teach them about saving for things they want and show them how much everyday things cost.
breej23 at hotmail.com
I don't have children but I use to teach my nephew and niece to save up for something special
ontariohappychick at gmail dot com
That they need to save for the things they want
http://www.facebook.com/brenda.witherspoonbedard/posts/365561543474546
I always tell my kids if they want something special they have to save up their allowance to get it, teaches them to save, not to waste their money!!
I teach them to save their money for something they really want instead of spending it on useless toys/goodies. They make a goal purchase and save up for that!
I started a bank account so that they can see that money in the bank earns interest
I teach them about money by setting up a bank account for them so they can save there money.
make them pay for their own games
I have taught them the value of a coupon, and to always watch for sales.
andrea_hockeygirl(at)hotmail(dot)com
I teach my kids about money first with the play money. Then I give them money to count and to use.
My 5 yr old has certain jobs that he isn't paid to do (clean room, set table etc) and there is a list pf jobs posted with corresponding values of extra jobs he can do to earn money. If he does them, he has money to get himself something, if not then he doesn't.
we have our kids come in to the bank with us so they can see how to put money into savings
christinejessamine at hotmail dot com
They have to be taught that they have to earn money and how hard it is to earn it, so if they want something they have to save for it just like adults
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calvert0 at telus dot net
I take them shopping with me and teach them the value of a sale and use of coupons. A penny saved is a penny earned.
I give them a tiny allowance regularly and teach them to save.
I give them a piggy bank.
Its all about teaching them when the money is gone - its gone. It doesn't magically reappear on a tree. (serena debolt)
I think its important to show kids that money is not to be wasted and that it isn't the key to happiness, the best way to do that is to model that in the way you spend money as a family.
I teach my children to be patient with money and save, using a piggy bank.
my kids have gotten used to seeing me shop with coupons and go to thrift stores, and I think because we dont have alot of money and they have to wait for things they have learned to appreciate things more.They are all pretty good with their allowances and are good deal finders
STACEY DEMPSEY ON RAFLECOPTER
I teach her to save money mostly for her food and not for toys.
ro20del at yahoo.com
I think it's important to teach children the value of money by teaching them to save and not waste it on things they really don't need.
you have to teach them to be realistic, do you need this or do you want this, cus once they hit the college ages they are gonna need food, not that xbox360 game
The kids get an allowance and they have to save up for what they want.
tinalee351 at gmail dot com
I teach the kids how to find a bargain and use coupons ;)
The older ones have a paypal account with a debit card, they get an allowance and have learned how to budget. The younger ones get an allowance in cash and have to also show why they need something before spending money.
http://me-mythreads.blogspot.ca/2012/04/learning-money-with-leo-app-review-50.html
I give my kids an allowance that's based on thir chores and behaviour.
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