Thursday, November 17, 2011

Money & Credit Cards: Educational Game For Kids

By Stephen Hall


Everyone knows that young children are our future. Our role as parents is that we must put much effort in order to be content with future results. We are starting to teach our children from their childhood. As they grow up, they need to know more and more and be well grounded in financial world. The statistical data shows that about 5% of youth in the age of 14 use cards on daily purchases which use has trebled in last years. Credit card institutions also pay a lot attention to students at the age of 18 and offer them credit cards especially issued to make their living easier and allow them to start credit record.

As a consequence, young children and students also need to be taught to use credit cards and cash reasonably. But usually parents don't have enough time to spend it with children and educate them. As a parent, you possibly can pay for special classes or workshops concerning money habits and credit card use or perhaps buy particular literature for your child. But present day children are attached to PC and internet and spend a lot time playing different games down the drain. Today there is one attractive video game that offers fascinating play but will teach them with no help.

What is the aim of the game? It helps to educate student and kids about credit cards and money basics and their use. Your kid may make responsible spending demeanour. This online game also arouses the desire for money management and helps children put the study into proper conduct. Moreover, the online game takes not much time and in case you have a PC at home, you can also save your time and effort without going anywhere to learn it. Simply fill out an application online and try credit card use simulator or perhaps study cash basics.

In what way? Playing credit card simulator you can choose among credit card offers with different credit lines and choices. You can purchase many products with your card with pretense. The tutorial is you can not exceed credit limit both in the game and true to life. If you exceed the limit in the game, you will be notified about this and nothing else. If it happens in daily life, you will be required to pay overpay fees without the notifications. Money basics appear to be a test. It provides to reply questions about annual fees, interest rates, savings, and many others. If you answer falsely, you can receive an explanation and obtain the right answer. In conclusion you get your credit score.

No doubt, every parent takes care to provide the cheerful child only the best and may think that there are more interesting educational methods. That is that you decide and to choose. Do not lose the chance to interact with your kid if you've free time. Parents and their lifestyle are the best examples to show and express. Luck of knowledge and misunderstandings would be the right move to late payments, debts or various other sad results.




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