10 Exciting Field Trips to Teach Kids About Money This Summer!

 Summer is the perfect time to have fun and learn valuable skills like managing money. Understanding how money works is essential for our future success. So, prepare for an adventure-packed summer with these ten fantastic field trips that will teach you all about money while having a blast!

  1. Bank Bonanza: Visit a local bank and discover the secrets of money management. Take a tour of the bank and learn about different bank accounts, such as savings and checking accounts. See how money is kept safe in vaults and learn about the importance of saving and budgeting.
  2.  Thrifty Thrift Shop: Head to a thrift shop and embark on a treasure hunt for great deals. Learn about the value of money by searching for unique items at affordable prices. You’ll have a blast understanding the importance of smart shopping and saving money.
  3.  Entrepreneurial Adventure: Become a young entrepreneur by setting up a business for a day. Whether it’s a lemonade stand, a bake sale, or a craft fair, selling your creations will teach you about pricing, budgeting, and making a profit. Plus, it’s an excellent opportunity to showcase your creativity!
  4.  Budget-Friendly Grocery Hunt: Accompany your family on a grocery shopping trip and take charge of finding the best deals. Look for discounts, compare prices, and use coupons to save money. This hands-on experience will teach you to make wise choices and stretch your budget.
  5.  Real-Life Math at the Farmers’ Market: Visit a local farmers’ market and learn the value of fresh produce. Talk to farmers, understand how they grow their crops, and discover how they set prices. Practice your math skills by calculating the cost of fruits and vegetables while supporting local farmers.
  6.  Money-Smart Museum Tour: Explore a money-themed museum that showcases the history of currency and the importance of financial literacy. Engage with interactive exhibits, learn about different currencies worldwide, and understand how money has evolved.
  7.  Budgeting Picnic: Plan a budget-friendly picnic with your friends or family. Create a shopping list and calculate the costs of food, drinks, and picnic essentials. Learn to prioritize and decide based on your budget while enjoying a delightful outdoor meal.
  8.  Financial Literacy Library Adventure: Visit your local library and dive into books that teach financial literacy. Discover engaging stories, comics, and educational resources that explain money concepts in a fun and easy-to-understand way. Participate in library programs or workshops focused on money management. Teach Your Child About Money Through Play: 110+ Games/Activities, Tips, and Resources to Teach Kids Financial Literacy at an Early Age is a great resource.
  9.  Future Investor Simulation: Participate in an online investment simulation game. Learn about the stock market, research companies, and make virtual investments with pretend money. Track your progress and see how your decisions impact your portfolio. This exciting activity will introduce you to the world of investing.
  10.  Community Service for Financial Education: Volunteer for a local organization that promotes financial education in the community. Assist in organizing workshops or events that teach others about budgeting, saving, and managing money effectively. By giving back, you’ll reinforce your understanding of financial literacy.

This summer, combine adventure with learning as you explore these fun field trips to teach you valuable lessons about money. Each trip offers unique opportunities to develop money management skills, from visiting banks and thrift shops to becoming an entrepreneur and exploring financial literacy resources. So, grab your friends and family, embark on these exciting adventures, and become a savvy money master this summer!

The book below is available on Amazon.

Teach the Value of Budgeting with the Cash Envelope Budgeting System (+ Free Printables)

Below is a guest post from Emily!

Download link: https://www.dropbox.com/s/k2hfg0xuhri0rgb/budget-envelopes-system-small-header.jpg?dl=0

The holidays are a time of good cheer, time spent with family and friends, decorations, and relaxing from a hectic year. Unfortunately for our wallets, it’s also a time of deals, sales, and a last push to get all of our loved ones gifts for the holidays. 

It can be easy for kids to see this indulgent behavior in their parents and family and think that they, too, should grow up and splurge on holiday gifts for their family and friends. However, by demonstrating smart budgeting habits, we can set our kids (and ourselves) up for success when it comes to gift giving around the holidays and birthdays. 

Through utilizing the cash envelope budgeting system, you’re able to plan ahead and save money to give gifts to loved ones, while removing the temptation to overspend or be blinded by deals while gift shopping. Essentially, the cash envelope budgeting system is where you fill an envelope with cash for a specific purpose: such as holiday gifts, a vacation, birthdays, or anything else you may be planning for. 

To model good budgeting practices for kids, use these printable cash budgeting envelopes to put aside a certain amount of money together for shopping for holiday gifts. You can do this holiday activity as a family, and contribute a few dollars each every week. Once you reach your goal (or meet your savings deadline), you can go ahead and spend the money on that given purpose. 

For more financial literacy resources click the image below.

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