03 May 2013 Help your kids learn about budgeting

Teaching children the value of money just got a little easier.

The Australian Securities and Investments Commission (ASIC) has a free online game to help children understand the value of money and the difference between what they want and what they need.

The game allows children to select a theme for a birthday party and decide how many people will come. They are given a budget to work with and can calculate what they can afford to buy to ensure all their friends are catered for.

Reproduced in part with permission: Money Smart Help your kids learn about budgeting 30 April 2013

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