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9 Financial Education Activities for Kids (aged 3 to 12)

What you will find in this article:

Are you looking for financial education activities for kids, to put the theory in practice? You came to the right place. If you have one or more kids aged between 3 to 12 keep reading to learn about nine examples of financial education activities for each age category (3-6 , 6-9 and 9-12).

How do financial education activities help kids?

No matter how aware you are now about the importance that financial education has for your kids, they are not. You weren’t at their age either. Imagine how you felt whenever you “had to” study for any subject.

Financial education activities are a great way to put the theory to practice in a fun way. You’ll see that the activities we show you, especially in the first two age categories, are almost like playing. Kids love playing.

In the last years the benefits of learning through play have been heavily studied. LEGO Foundation found through research that this type of learning helps kids develop skills such as: critical thinking, collaboration, engagement and creativity. This is why one the most efficient forms of learning for kids are video games. Click here to see 4 financial education video games that you can download for your kids right now.

copii care se joaca pe podea - Educația financiară prin joc

Financial education activities for 3-6 year olds

Are you thinking that maybe it is too early to start talking to kids about money? Don’t worry! The rule says that you should start talking to kids about money whenever they are old enough to understand that they shouldn’t be putting money in their mouth.

At this age activities aren’t complicated at all, they are more like games around information and knowledge that is essential for their future financial wellbeing: Money (what are they, how do we make them and what do we use them for) and three basic things that you can do with money – spend it, save it or donate it.

1. The piggy bank

If you want a more traditional approach you can reinterpret the classic pink pig-shaped piggy bank. You can build it out of clay and you can paint with various types of paint. 

If you want to adopt a more traditional style, you can reinterpret the classic piggy bank in the shape of a pink piglet. You can build it from plasticine and you can paint it with tempera or gouache. 

If you want to get creative, you can try to build piggy banks out of plastic or thin aluminum foil. These piggy banks that you build can have different shapes – cubicle, glass-shaped or some funny looking character that the kids like.

After you build the piggy bank, use it to teach kids about saving. If you want to build unique piggy banks like those in the image below, check out this article.

If you want to build some new wallets, as in the picture below, see this article.

exemplu de activități de educație financiară - pușculițe handmade

2. "Homemade" Money

At this age, kids should learn about the types of money from the country they live in. For this it’s good to show them the different types of bills and coins and teach them how they all have different value.

Let’s be serious, there’s no way that kids aged 3-6 will find this any fun, right?  

This is why we encourage kids to create their own money. This will help them understand the specifics of each type of money (characters, type, where the sum is located an so on) and to associate them with their actual value.

After you have played with money and created new coins and bills it’s time to make the connection between them and the real deal. You’ll be surprised to see how easy it is for them to remember now. 

Activități de Educație Financiară - Bani De Casă - educație financiară grădiniță

3. Keep/Throw/Give

3-6 year olds need to know that they can do three things with their money: They can spend them, save them or give them away. But when you teach these behaviors to kids, you will want to control them and one of the best ways to control giving is by doing it together and without money – with anything else you find around the house.

At the end of every month (or once every few months) make an inventory of their toys or clothes. A lot of them will be small or broken and this is a great way for two things: 

1. You will “trick” kids into cleaning their room 

2.You teach them to give away what they don’t need anymore. 

Jucării pentru donat

Financial education activities for kids aged 6-9

If you want another activitiy where kids can learn all of the above-mentioned subjects, download Investory now, the financial education video game for kids:

If you want another activitiy where kids can learn all of the above-mentioned subjects, download Investory now, the financial education video game for kids:

4. The three jars - 50/30/20

This financial education activity is meant to teach the kids about the 50/30/20 budgeting rule, which says that out of all the recurring income, 50% must be spent for needs, 30% for wishes and 20% for savings.

For a 6 year old it is pretty hard to spend money in such a controlled way, especially when they don’t even know about the difference between wants and needs or when they don’t know about the importance of saving.

The activity consists of building three different jars with the following tags on them – Needs, Wants and Savings. Depending on the way in which the kids get their recurring income, help them divide it in these three jars.

Activități de Educație Financiară - 50/30/20 - Școala primară

5. Draw your goals

Everytime the kids talk about something they want, make them draw it, no matter what that thing is, a toy or a vacation.  

Every time the little ones talk about something they want, in the category of wishes, have them draw that thing. Whether it's a vacation or a new toy, have them draw them.  

Take the drawings and put them on the fridge and next time they get their recurring income, remind them about the savings jar and make them look at what they have drawn. This way, they will better visualise the purpose of their savings and they’ll understand the importance of them.

Activități de educație financiară - copil care își desenează propriile scopuri și vise

6. Shopping A-Z

Shopping is a comple process, even for an adult. This is why kids aged 6 to 9 years old need to learn how to them properly. At this age, other than the shopping itself, you need to talk about similar concepts - comparative shopping and opportunity cost.

Next time you go shopping, take the kids through the WHOLE process. From the very beginning - make an inventory of what is missing, plan the shopping, make the list, go shopping, choose the products and so on. Even if for you this might feel like a burden, for the kids it might be really fun!

If you don't have time to take the little ones shopping with you, they can learn about them from home, from their mobile phone. Download the Investory game now and prepare them for adult life: 

Financial education activities for 9-12 year olds

At this age, you are already dealing with grown up kids so the lessons are to fit. At this age, they need to be doing activities that teach them about lessons such as: financial responsability, bank account management, jobs to earn an income or peer pressure.

7. Lemonade stand

You have definitely seen kids buiding a stand used to sell lemonade, in your childhood movies. This is a great financial education activity for every kid aged 9 to 12. 

The lemonade stand is more than the place where kids squeeze some lemons. It is a real business – they have to fix the stand, the preparation spot, they have to get the ingredients, to make the lemonade, to store it, sell it and so on.

If the kids can’t build a lemonade stand outside, you can simulate this inside the house, with the help of the Investory game, which you can download for Android or iOS.

Screenshot din Investory cu standul de limonada - educație financiară grădiniță

8. Paying the bills

This activity is nothing else than actually paying the bills for the house. It is a good way to teach kids about financial responsability and the different types of utilities you have to pay and the ways in which you can pay them – with cash or card. 

ThatSYour activity is nothing but, well, paying all the bills in the household. It's a good opportunity for the little ones to learn about the responsibilities of a house, the different types of utilities you pay for, but also how they can be paid for - online or over the counter. 

Cute kid girl holding dollars and have an idea how earning much money in crisis. Serious child teaching in eyeglasses

9. First bank account

Same as the previous financial education activity, this is also a serious one which can be turned into something fun for the kids.  

How can you turn creating your kid’s first bank account into something fun? Well, turn it all into play and, too maintain the motivation, use treats. Research the options together, and make the kids “do their homework.” This way they will research by themselves and, together, you can analyze the benefits and disadvantages of each option.

The kids can learn about opening a bank account from Investory, the financial education game that you can download for free using the buttons below. 


Now that you've seen what financial lessons children need to learn based on their age and how certain activities can help them assimilate those lessons, let's make a little summary: 


Financial education activities for children aged 3-6: 

  1. The Piggy Bank 
  2. "Homemade" money 
  3. Keep/Throw/Give 

Financial education activities for kids aged 6-9 

  1. The 3 jars- 50/30/20 
  2. Draw your goals 
  3. Shopping A-Z 

Financial education activities for kids aged 9-12 

  1. Lemonade stand 
  2. Paying the bills 
  3. First bank account 
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