Saturday, August 10, 2013

MONEY MATTERS FOR KIDS!


"A wise man should have money in his head, but not in his heart." - Jonathan Swift

Hi! Y'all.

One of the things I'd like Yomi to become when she grows up is to be financially independent.  I want her to know how to handle her own money and the importance of saving. I know that it is one of our responsibilities as her parents to teach her these things. That's why I am very happy that BSP (Bangko Sentral ng Pilipinas) through their BSP Economic And Financial Learning Program in cooperation with Araneta Center came up with an interactive exhibit entitled "MONEY MATTERS FOR KIDS! Earn it, save it, spend it, share it!"





The exhibit aims to teach kids everything about money like its meaning, history, value ,and importance. One of lessons it aims to help teach kids is how money can help people in need through non-profit organizations and charities. They also like to teach kids that they can help others by sharing whether its their talents, time, or donations.


The exhibit also helps teach a few things about the money's history and the different ways on how it can be earned because no, money doesn't grow on trees. 


One of the interactive activities there has this piece of rubber stamp which you put a piece of paper over and rub your crayon on it to copy the image. You will just be reminded not to buy anything with it! :)


Another part of the exhibit and this actually my favorite is this mini interactive grocery where kids take a shopping list and get all the items written on it without exceeding the budget. I think this is a very fun way of teaching them how to budget their money and to make wise decisions.


These are some of the items they can find in the grocery store. If they are unsure of their purchases, they can use a calculator to help them check if they are still within budget. 


When they're done completing the items on their shopping list, they can go to the cashier and check it they are successful. I had so much fun just looking at the kids play and  go around doing a shopping on their own. Too bad Yomi is still too small for this. This is perfect for preschoolers and elementary students.


Another "pretend" area is where they teach kids the concept of banks and even introduce to them the different bank personnel like the bank tellers, manager and even the trustee security guard. 


They even have an interactive ATM! 



I know this exhibit is intended for the kids but I didn't leave there without learning a thing or two myself. They have a lot of trivia you can find here and there. One in particular is this little trivia about piggy banks. Do you ever wonder why coin banks are called "piggy banks"? Well, according to them there are 2 theories about that - The "Pygg" Theory and The "Pig" Theory. 

The first one came from the word "pygg" which is a clay jar which people used to save money in and later on evolved into "pig bank". The second one is that ancient people used to feed pigs food scraps which fattened them up. The fattened pigs would then be sold or eaten. When money came about people were inspired to save their extra change in coin banks shaped like pigs. So that's why they're called "piggy banks". It's up to you which one you'll believe.


There are activities to test and train kids' computation skills by completing the equations.


They also have this machine that teaches about the currency of different countries. They kids just have to press the name of the country and they'll see the corresponding currency light up on the board. 


There's a lot to see and learn in this very fun exhibit. It's a great way to teach kids about money and the importance of earning, saving, spending, and also most importantly, sharing while they have fun!   It's almost impossible to live without money, that's why it's very important to get to know it and it's never too early to start! Yomi is still too young for this but I will surely be passing on to her everything I learned here.


The exhibit opened last August 2 and will run until August 17, 2013. Don't forget to visit this exhibit located at the Gateway Mall 2/f Activity Area with your kids. I am sure they will learn a lot from it and the best part is that they will enjoy it. Oh, and did I mention it's ABSOLUTELY FREE!  

 I hope you found this post helpful!

Thanks for dropping by!


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