-advertisement -

Transcript: Money games for kids

Anchor Intro: Most Christmas gifts for kids will be broken, forgotten or both within weeks of the holidays. But the gift of knowledge can last a lifetime. Bankrate.com has some suggestions for something a little different: gifts that pay.

Voice over 1: Toys -- lots of fun, but many may not hold a kid's interest for long, and some may not even last longer than the batteries inside.

Voice over 2: Wouldn't it be nice to give a gift that lasts a lifetime? You can if you consider stuffing that stocking with some knowledge about money.

Voice over 3: Maybe a book that teaches: This one's called Alexander, Who Used to Be Rich Last Sunday It's for 4 to 8 year olds and costs about 7 bucks.

Voice over 4: Or a game: Maybe Monopoly, or Payday: You can find either in different versions $13 and up. These are suitable for pre-teens and older.

Voice over 5: Or things that encourage saving, like this laser-beam safe. It's $25. Or this nifty ATM that lets you deposit, withdraw and has its own ATM card: It's $50. Or even a simple jar that counts coins: It's only $13.

Voice over 6: Here's a toy that's supposed to teach toddlers to grocery-shop like mom and dad. It's $40.

Standup: And then there are the classic gifts: a share or two of stock -- Disney's on sale these days. It's only about 20 bucks a share. Or how about a contribution to a 529 college savings plan or IRA? That's something you can do for as little as 25 bucks. So think about a gift that gives knowledge. For Bankrate.com, I'm Kristin Arnold.

Bankrate.com's corrections policy
-- Posted: Dec. 12, 2008
<< Back to video
Saving by teaching money lessons to teens
Stock market computer and video games
Teaching kids the basics of investing
Video: 5 myths about going green
5 myths about going green
Video: Ways to keep produce fresh

Compare Rates
30 yr fixed mtg 4.45%
48 month new car loan 3.77%
1 yr CD 0.89%
Rates may include points
  How much life insurance do I need?  
  Calculate your payment on any loan  
  What will it take to save for a goal?  
- advertisement -