2: The value of money

02/03/20 • 8 min

Kids Money and More- The MONEY podcast for KIDS!

Understanding the value of money is an incredibly important concept for kids to understand early on, but it can also be difficult for them to understand when their math skills are limited while they are young.
In episode 2, kids will hear:

That money has a value, which means we can use it to buy things.
That different countries have different names for their money like dollars and cents, pounds and pence and so on.
That different coins and bills have different values and are worth different amounts.
That different things that we want to buy, cost different amounts of money.
That 100 cents has the same value as $1

Click here for Episode 2's suggested follow up activities.
If you find value in this podcast and would like to support Kids' Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore

That money has a value, which means we can use it to buy things.
That different countries have different names for their money like dollars and cents, pounds and pence and so on.
That different coins and bills have different values and are worth different amounts.
That different things that we want to buy, cost different amounts of money.
That 100 cents has the same value as $1

Previous Episode

1: What is money? Why do we work?

These days, kids don’t see us use much cash because we use debit/credit cards, gift cards, e-transfers, google pay, PayPal, Stripe etc. This makes it harder and harder to visualize why we need money and the transaction process, because they don’t see it happening that often.

In episode 1, kids will hear all about:

What money is and what it looks and feels like (cash- coins & bills)
What we can buy with our money -things we can see, things we can do and things we can’t see
Why we have to work

Click here for Episode 1's suggested follow up activities.
If you find value in this podcast and would like to support Kids Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore

Next Episode

3: Spending, Saving & Donating

This episode focuses on spending, saving and donating.

In Episode 3, kids will hear about:

Splitting money we are given, for Spending, Saving & Donating.
Money isn't unlimited, so we should think very carefully about what we buy with it.
That a habit is something we do without thinking and we should make saving money a habit from now, so that it's easy to do as we get older.
We should put some money aside for donations, so that we can help others who need it more than us.

Click here for Episode 3's suggested follow up activities.
If you find value in this podcast and would like to support Kids Money & More, you can contribute here! https://ko-fi.com/kidsmoneyandmore