Thanks to Financial Adventure for providing review materials. As always, all thoughts and opinions are my own. Affiliate links included.
A cousin of mine who is a financial planner recently introduced me to a totally new kind of subscription service for kids. We LOVE getting subscription boxes because it’s an easy way to do crafts and to try fun new products. This subscription service, though, is teaching a critial life skill to kids: money management!
The Financial Adventure subscription comes with a monthly packet of materials, and you can also get the starter packet, which has some extras like a calculator, a mock check book or a piggy bank.
I received samples from two of the three levels. What you will see below comes from piggy’s financial adventure (geared toward kids ages 5-7) and from the kids & teens packets (ages 8-18). There is also an advanced financial adventure packet for kids 13-18.
You get a worksheet for the month which includes a starting balance and various things that happen throughout the month (getting small financial gifts from family members, buying treats, etc.). You get play money to deposit into your piggy bank, and to take out when those transactions take place, and you get to do some addition and subtraction to keep up with your balance along the way. My 6-year-old hasn’t yet learned how to count money, so even though she’s in the age range for this set, she’s not ready for it. And that’s ok! She’ll be learning about this concept this year in school, and when that happens, we’ll use our financial adventure kit to do some real world practice!
In the set for kids & teens, you aren’t keeping your money in a piggy bank anymore, but instead in a checking account. You are also having to pay for things like your cell phone bill and gas. I think this might get a bit lost on the 8-year-olds, but this is SO perfect for teenagers who might be getting their first jobs, and who might be wishing for more expensive items, like the ability to drive a car or have their own phones. When kids grasp early on just how expensive it is to have all these luxuries, they are better equipped to take better care of them and to appreciate them more. They can also make better decisions about which ones might be worth it, and which items they should pass on, or at least wait for a sale! 🙂
I think this is a really great concept; by teaching kids some financial literacy early on, like managing expenses or applying for scholarships, you are equipping them to make fewer money mistakes and paving the way for a more secure financial future! I would recommend selecting the kit that sounds like the best fit for your child and staring with that level’s starter kit and a one month subscription to the financial adventure packet. After that point you can decide if it’s a great fit, and if so, go for the year subscription, because it’s the best deal at $10.95/month (vs. $14.95/month if you go month-by-month). I think this is an excellent investment to make in your kids’ future! 🙂
