GUEST BLOG: Five Toys to Teach Kids About Money by Mallory Loren

The following is a guest blog written by Mallory Loren who is a digital strategist and contributor for BCF Wealth Strategies. The company acts as a personal CFO that specializes in small business owners, self-employers, and retirees.

Your little one is a long way off from balancing checkbooks and managing mortgages, but teaching him or her about responsible spending starting at a young age is an extremely important skill. Children often find lessons about money to be tedious, so we have some toys to make it exciting. Check out these five educational aids and toys to help your wee one become enthusiastic about learning the value of a dollar:

Fisher-Price Fun 2 Imagine Cash Register (2-4 years)

The Cash Register is a classic and handy tool to introduce your child to the concept of money. The Fisher-Price Fun 2 Imagine Cash Register is brightly colored, comes with sortable numbered coins, makes noises, and features popping and spinning rolling action that will keep your little one entertained while learning.

Perfect Solutions Digital Coin-Counting Piggy Bank (8+ years)

This toy takes the classic piggy bank to the next level. The Digital Coin-Counting Piggy Bank is useful for all ages. Even adults may find it helpful to keep track of loose change, but it is designed for kids because it allows to see them how much money they have accumulated and keeps count of their earnings all in one place.

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