Follow-up Post On Buying Your Kids Monopoly for Christmas

Posted on 13. Dec, 2006 by in Saving & Investing

I just received a comment on my post Why You Should Give Your Kids Monopoly for Christmas that I didn’t want anyone to miss, so I’m reprinting it here so that everyone can read it. Thanks Karen for leaving this comment!

I’ve been using Monopoly for my 5th and 6th grade students. I have a multi-level classroom. Below are just some of the things they can learn from playing Monolpoly, so it’s worth every penny!

  • Skip counts – counting bills 1’s, 5’s, 10’s, 20’s etc.
  • Estimates, adds, subtracts numbers
  • Solves simple problems, addition, subtraction, thinking addition
  • Uses skills in real life scenarios
  • Money bills,
  • Mentally adds and subtracts
  • Quickly recalls addition/subtraction facts through 10,000
  • Quickly recalls multiplication through 10 x 10
  • Simple probability
  • Understands- how many, in all, how many more
  • Uses skills in real life scenarios,
  • Counts money,
  • Identifies the multiples of numbers 0-10
  • Probability
  • Oral reading,
  • Comprehension,
  • Completes task by following multi-steps
  • Interacts with others in ways that demonstrate cooperative behavior
  • Recognizes and performs the various roles in a group (banker, property manager)
  • Picks up and cleans up work area
  • Uses good manners
  • Participates and gets along with others in classroom activities
  • Identifies and demonstrates ways of resolving disagreements

The lessons for Monopoly will cover many of the level standards that the students are required to learn. It may take time to achieve each standard, but each student is being exposed to the opportunity to accomplish another goal in the list above, each time they participate in the game.

Karen

If anyone was doubting the learning experience that comes from a game like Monopoly, then hopefully these comments have convinced you that Monopoly is one of the best ways to teach your kids about money. And with the new “Here and Now” version, everything is brought up-to-date – including realistic rent prices and $100k instead of $10 for runner-up in the beauty contest!

One Response to “Follow-up Post On Buying Your Kids Monopoly for Christmas”

  1. Enough Wealth

    14. Dec, 2006

    My six year old son loves playing “Monopoly Junior” – it’s basically the same as the normal version, but it has amusement booths at a carnival instead of properties, the prices and rents use simpler multiples, and the “chance” cards work in a way that is understandable for young kids.

    Regards
    http://enoughwealth.blogspot.com

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