Did you know Canada.. RBC Royal Bank has released a fabulous new app for the iPad that's just for Canadians, Learning Money with Leo, that provides parents with a practical and fun way to help teach their children (3 to 6 years old) about the concepts and value of money.
My boys, at age 4, are just learning about the concept of money. Unfortunately every time we go to the store they think we should buy treats and toys, they've also started an embarrassing new habit of screaming "debt" whenever a cashier gives us a total. I only use debt when we are at the store, only using cash at cash only places like an outdoor event.
I see now that this is a hindrance to my children's learning, they think this little card I pull out is unlimited, instead they should see me counting out money, handing over a big pile, or Mom's wallet running on empty. In the Learning Money with Leo game there is a Sort the Coins game that is perfect for this. There are coins that need to be sorted in their own piggy bank, this has been helpful for learning the value too, as previously my guys have been thinking the bigger the coin the better and haven't been impressed with dimes..haha..
We've really been enjoying the Learning Money with Leo game, it not only teaches the value of money, but also earning, saving, and spending. This is building a foundation that I want my boys to carry on with. As you play the games you earn coins that can be used to buy stickers which is very exciting and a great lesson showing you have to earn your coins. I also appreciated that you can make up to 4 accounts on one game, so each child can earn their own stickers.
The most important thing I want to teach my boys is that we have to work for our money and we need to spend it wisely. As they get older and we start allowances the boys will see money needs to be earned and we'll be learning about saving up for something special, not just using that "magic" debt card. :-)
I highly recommend every Canadian family with young children check out this app in the iTunes Store. Check out https://www.rbcadvicecentre.com and http://www.rbcroyalbank.com/learning-money-with-leo/index.html for more information!
We are so excited to let you know we have a $50 Visa gift card to giveaway to one lucky Canadian reader as well, thanks to RBC Royal Bank! Enter below for your chance to win.
a Rafflecopter giveaway
Disclosure – I am participating in the RBC Learning Money With Leo program by Mom Central Canada on behalf of RBC Royal Bank. I received compensation as a thank you for participating and for sharing my honest opinion. The opinions on this blog are my own.