Twitter Chat: Financial Literacy for Kids Using Tools Like the Lil Savers Moneybank

Back in September I attended the Canadian Personal Finance Conference here in Toronto and  came home with a Lil Savers Moneybank from ING Direct. Since then I have been thinking about financial literacy and how we teach our children about money. How do we pass on financial literacy to our children?

For me this issue is near and dear to my heart.  I am a mom and and have been trying to teach my teenage daughter the value of a dollar since she was little. I have tried to teach her about the cost of things, how to save, how to give but I had not hit on investing till the Lil Savers money bank reminded me how this is apart of the money equation.

The Lil Savers Moneybank is just one tool to have in your tool belt when teaching your children about financial literacy.

The Lil Savers Moneybank connects children to the Lil Savers Moneyland, a place for learning about money. The Lil Savers Moneyland is an animated and interactive world where kids will learn about growing, saving, sharing and spending.  There are a wonderful host of characters that help teach children the value of a dollar.

Children learn by playing games like Recycle Me, and Check Out. They can also record their savings goals, set up a budget, keep track of chores and even list the charities they want to give too.

For parents there is also an interactive panel that allows us to monitor our child’s activities. You can even customize their experience.

Now as part of the #cdnmoney Chat on Wednesday Novemeber 28^th,7-8pm EST we will be talking about teaching kids about money with @SuperStarSaver on Twitter. Part of the topic of discussion will be the tools that we use. We even will be giving away 5 of the Lil Savers Moneybanks.

I am asking that you RSVP for this chat.

You can do so on the Linky form below and I am looking forward to chatting with you on the 28th.

In case you have never participated in a twitter chat you can read how to follow a twitter chat here.