Camp Activities
We make finance fun!
At Wealthy Habits, we pride ourselves in being #1! In order to ensure students are engaged in every lesson, we provide our students with the best possible program! By mixing fun into our activities, the students are sure to remember and take the lesson with them even after they leave the classroom.
3 C’s of Credit
Character, Capacity, Collateral
Each color card represents a different aspect of a person’s life, such as credit score, debt balances, time at current address, and much more. With society becoming increasingly dependent on credit, we teach the students about the different things that can affect their creditworthiness by having them decide if they would issue a person a loan, based on the given characteristics.
Learning the Language
Flyswatter Review Game
The students have a blast with the vocabulary word flyswatter game. The student must find the correct term before their opponent.Â
Spending Plan
Budgeting for a Lifestyle
Everyone has an idea of what they’d like their lives to look like. We give the students a reality check by showing them how much money they must earn by the hour to live their desired lifestyle. The students calculate how much they’d like to spend in each category monthly, then they determine how much they must earn to do so.
Paying Uncle Sam
Federal Income Tax, State Income Tax, Medicare and Social Security
Here, the students are ripping up their own paychecks to pay their taxes to Uncle Sam. After working to earn the paycheck, the students experience first-hand what it’s like to immediately pay the government, but also why it is important.
Heads Up Vocabulary
Fun Review Games Help Students Remember
The students get very excited in our own version of Head’s Up. The instructor holds a term up behind two students and their teams try to guide them to the correct word without hitting the buzzwords. This finance activity acts as a necessary review game to ensure the students are learning the material.Â
Penny Game
Multi-Person Budgeting
The Penny Game teaches students to budget in different circumstances. Sometimes you lose your job; sometimes you receive a raise. In small groups, the students decide how to budget the household income taking into account everyone’s needs and wants.Â
Family Budgeting
Budgeting with Others is Hard
Together, the students must decide how they would like to spend their joint income while sharing a living space. Whether they decide to live with their parents or strike out on their own and pay for their own expenses, the decision is entirely up to them, so they must communicate and compromise.
Assets & Liabilities
Understanding the Difference to Encourage Better Spending Habits
The students each receive a card with a term/phrase on it and they must decide if it is an asset or a liability. He/she reads the card and their decision to the class and if they are wrong, someone from the audience may explain why they are incorrect for Moola!
Count Back Change
We Have All Watched Someone Struggle to Give Us Our Change
Count Back Change teaches students to give the correct amount of change without the help of a calculator. A card explains the balance and what bill the consumer uses to pay; the students race to give the correct change faster than their opponent.Â
Supply & Demand
The Musical Chairs Way
Supply and demand is all about the balance between the number available and the number of people who want it, but guess what? So is musical chairs! Throughout the game, we explain the concepts of supply and demand, including surplus and scarcity. It shouldn’t surprise anyone that this is one of our most popular finance activities.Â
Super Money Game
Learning Through Experience
The Super Money Game simulates life by having the students go to work (do jumping jacks) to earn a paycheck, then they must tear up it up to pay for different expenses. Between each round, the instructor reads an event card and the students must react to the event. They may go into debt, but they might also win $1000! Who knows what can happen; it’s life.Â
Net Worth
Assets – Liabilities = Net Worth
Students break into groups with one group determining the net worth of a CEO and the other group determining that of an employee. A discussion of why the employee’s net worth is higher follows; allowing the students to realize that it’s how they choose to live and spend that determines their net worth and not their career path.
Wait! There’s More!
Interested in practicing some of these lessons at home? Here are a few resources for our finance activities:
- The Penny Game Board: https://wealthyhabits.org/wp-content/uploads/2019/08/The-Penny-Game-by-Wealthy-Habits.pdf
- Fun Songs for Kids: https://www.kidseconposters.com/oh-scarcity
- The 3 C’s of Credit: https://www.practicalmoneyskills.ca/personalfinance/creditdebt/history/3cs.php
- Our Kahoot! Game: https://create.kahoot.it/share/wealthy-habits-kahoot-game/8cab1718-5a87-4b07-a855-a281387cfadc