Teach children how to tackle challenges

Teach children how to tackle challenges

Children learn best through hands-on experiences.

That’s why it’s important to provide them with the tools to solve problems and tackle challenges. Games and activities that combine financial skills with social learning offer a great opportunity to develop these skills. Through fun situations and real-life scenarios, children will learn how to make sound decisions and plan effectively. These skills are essential not only for their financial literacy but also for their ability to cope with stress and adversity in everyday life.

Interested in this topic? Read more: The Path to Mental Wealth: How Social Skills Shape Children's Financial Mindset and Support Their Mental Health Want to find out where you stand personally? Take a short test at the end of the page and gain a better understanding.

How does this apply to you? Choose the answers that describe you best:

Imagine that you have a magical coin in your hand. If you could use it only once, what would you spend it on?

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Imagine that you have opened a mysterious chest full of coins. What will you do with them?

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If you could choose, what way of earning money would you like the most?

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If you had the opportunity to create your own banknote, what would be written on it?

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If you could spend money on only one of these things, what would you choose?

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Imagine that someone gives you five coins every day. What would you do with them?

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Imagine you have a magical piggy bank that always returns what you put into it. What would you put in it?

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Imagine that you opened a small shop where you sell something you know how to make. What would you sell?

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If you could decide what role money plays in life, what would you choose?

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Imagine that you have the opportunity to invest money into something that will later bring you more. What would you invest in?

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7 – 9 years: Basic financial thinking

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