Munchkin & Money

I found an interesting site for teaching children about money.  Have you seen it before?  It’s for kids who are from around my munchkin’s age to a few years older. 

Munchkin is not very good with money.  She seems to have an endless flow from the grandparents and the great-grandparents.  I tried to do an allowance to help teach her but I don’t think it’s made much of a difference.  Probably because when the allowance is gone, grandma or great-granddad or uncle W will give her more.  I have no idea how to stop the influx of money either.  They’re not large amounts to an adult but to a 7-year-old, they must seem huge. 

She has a savings account but I think teaching children about money is a bit more than just having a savings account.  It’s so important for them to learn to separate their needs and wants.  Munchkin isn’t good at that.  Perhaps it’s a symptom of only child syndrome?  But it’s not okay and I’m not really sure how to teach her better habits. 

So anyway, the website:  Kids Count: Teaching Children About Money
It’s mostly a financial literacy curriculum for schools and seems to be based out of Indiana but they have this game about separating needs from wants that I’m thinking about ordering, it can’t hurt.  And there’s a list of links under the parents tab that might be useful. 

I haven’t figured out how to control the grandparents or the aunts and uncles who seem to be Munchkin’s personal ATM machines but the site pointed me towards some things that might help me teach her good money habits despite their interference.  If we were home schooling, I’d try to get my hands on the curriculum too.