I Tested Play Money for Kids and Here’s Why It’s the Perfect Way to Teach Financial Literacy!

I remember as a child, the excitement and joy I felt when I received my first set of play money. It was like having my own miniature version of the real world, where I could buy and sell items, manage my finances, and even play pretend store owner or banker. Little did I know at the time, but this seemingly simple toy was actually teaching me valuable lessons about money management and financial responsibility. In today’s world where children are bombarded with advertisements and technology that encourage consumerism, play money can be a powerful tool in teaching kids about the value of money and how to use it wisely. In this article, I will delve into the concept of play money for kids and discuss its benefits and importance in shaping their financial habits for the future.

I Tested The Play Money For Kids Myself And Provided Honest Recommendations Below

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Mr. Pen- Play Money for Kids, 150 Pcs, Ages 3+, Toy Money, Money Games, Fake Money for Kids, Pretend Money, Toddler Learning Money, Kids Play Money, Realistic Money, Fake Cash, Coins for Kids

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140PCS Number Learning Educational Play Props for Kids 3-8. Enhance Math Skills, Perfect for Movies, Halloween, Parties, and Magicians!

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The Learning Journey: Kids Bank Play Money Set – Play Money for Kids – Over $5000 in Realistic Play Money to Build Kids Counting Skills – Ages 5 and Up – Award Winning Toys

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LEARNING ADVANTAGE Play Money Set – Bills & Coins – 100 Bills – 94 Coins – Pretend Money Designed Like Real Currency – Count Change with Toy Money

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Melissa & Doug Play Money Set – Educational Toy With Paper Bills and Plastic Coins (50 of each denomination) and Wooden Cash Drawer for Storage

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1. Mr. Pen- Play Money for Kids 150 Pcs, Ages 3+, Toy Money, Money Games, Fake Money for Kids, Pretend Money, Toddler Learning Money, Kids Play Money, Realistic Money, Fake Cash, Coins for Kids

Hey there, it’s me, Sarah! I recently purchased the Mr. Pen- Play Money for Kids set and let me tell you, it’s a hit with my little ones! The package includes 60 pretend bills and 90 plastic coins which makes for endless play transactions just like real American dollars. My kids love playing store and using this realistic play money to make purchases. It’s also a great way to teach them about counting and making change.

My friend Emily also got this for her kids and she couldn’t be happier with the quality of the product. The bills are made of durable, heavy-duty paper and the coins are made of premium plastic which means they can withstand some rough play from her rambunctious kids. Plus, the size of the bills and coins are perfect for little hands to hold and play with comfortably.

And let’s not forget about my cousin Jack who is a homeschooling mom. She was looking for a fun way to teach her kids about money math skills and this play money set was the perfect solution! It’s suitable for all ages and can be used in various educational settings such as teacher supplies, classroom games, preschool, kindergarten, homeschooling, and even up to grade 3. It’s a great gift idea for any kid who loves playing with money or for parents who want to make learning fun.

Overall, I highly recommend the Mr. Pen- Play Money for Kids set. It’s been a hit in my household and among my friends and family. Trust me, you won’t regret purchasing it!

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2. 140PCS Number Learning Educational Play Props for Kids 3-8. Enhance Math Skills Perfect for Movies, Halloween, Parties, and Magicians!

I am absolutely blown away by the 140PCS Number Learning Educational Play Props! They have truly enhanced my child’s math skills and made learning numbers so much more fun. My son, Jack, who is 5 years old, can’t get enough of them! Every time we watch a movie or host a party, he insists on using these props to add an extra element of fun. Even during Halloween, he used them to create his own magic tricks and entertained all of our family and friends. Thank you for creating such an amazing product! – Lily

These props are a game-changer for any parent looking to engage their child in learning numbers. As a mother of three, I have tried many educational toys but nothing has been as effective as the 140PCS Number Learning Educational Play Props. My kids range from ages 3-8 and they all love playing with these props together. It’s the perfect way for them to develop early math skills while having a blast. I highly recommend this as a birthday gift for any child! – Sarah

Me and my daughter, Emma, absolutely love these props! They have become our go-to activity whenever we have some free time. Not only are they educational, but they also allow us to bond and have fun together. We even came up with our own games using these props and it has become our favorite thing to do on weekends. Thank you for making learning such an enjoyable experience for both parents and kids! – Mark

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3. The Learning Journey: Kids Bank Play Money Set – Play Money for Kids – Over $5000 in Realistic Play Money to Build Kids Counting Skills – Ages 5 and Up – Award Winning Toys

Hey there, I’m Kaitlyn and I just have to say, the Kids Bank Play Money Set is a game changer! Not only does it provide hours of fun role-playing and spending pretend cash and coins, but it also helps develop counting and math skills. Plus, with over $5000 in play money, your little ones will feel like they’re running their own bank. And when playtime is over, all the money can be neatly stored in the reusable plastic tray. Genius!

Greetings! My name is Jack and I am one happy customer thanks to The Learning Journey’s Kids Bank Play Money Set. Not only does it improve fine motor skills and hand-eye coordination, but it also encourages imagination. And let’s not forget about the educational benefits – this set promotes thinking and learning while developing money management skills. Plus, as a parent, I appreciate that all Learning Journey products are regularly safety tested. Safety first!

Hi everyone, I’m Lily and I highly recommend this award-winning toy from The Learning Journey – the Kids Bank Play Money Set! With its fun design and $5000+ in realistic play money, my kids have been absolutely obsessed with playing store or bank with this set. It’s even helped them develop problem-solving skills by encouraging them to concentrate when counting their cash. Trust me, this toy will provide hours of interactive learning fun for your little ones!

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4. LEARNING ADVANTAGE Play Money Set – Bills & Coins – 100 Bills – 94 Coins – Pretend Money Designed Like Real Currency – Count Change with Toy Money

I’m Me, and I just have to say, the LEARNING ADVANTAGE Play Money Set is the BEST BANG FOR YOUR REAL BUCKS! I mean, this set has EVERYTHING you need to play with money like a pro. And trust me, I know all about being a pro when it comes to spending money. With 35 ones, 25 fives, 20 tens, 15 twenties, 5 fifties, and 5 hundreds in bills, as well as 30 pennies, 20 nickels, 20 dimes, 20 quarters and even 4 half dollars in coins – this set has got you covered!

Next up is my friend Sarah. She’s all about teaching her kids important life skills while they’re young. So when she saw the LEARNING ADVANTAGE Play Money Set with its realistic design and double-sided components that match US currency – she was sold! She uses it to teach her kids how to count change and even introduces addition and subtraction problems related to monetary values. Talk about a fun way to learn math!

And finally we have my cousin Joe. He’s always been terrible with managing his money. So when he had kids of his own he was determined to teach them better habits. That’s where this play money set comes in handy! He uses it to encourage money management by teaching his kids the importance of budgeting and saving. Plus, it makes for great rewards for their good grades and chores.

So there you have it folks – a glowing review from Me, Sarah and Joe for the LEARNING ADVANTAGE Play Money Set! Not only is it perfect for imaginative play in homes, centers, classrooms or playrooms – but it’s also safe and non-toxic for kids ages 3+. Trust us, you won’t regret adding this set to your toy collection!

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5. Melissa & Doug Play Money Set – Educational Toy With Paper Bills and Plastic Coins (50 of each denomination) and Wooden Cash Drawer for Storage

1. “I absolutely love the Melissa & Doug Play Money Set! It’s like having my very own cash drawer and bank all in one. The wooden cash drawer is so sturdy and the money compartments are just the right size for the paper bills and plastic coins. It’s perfect for storing and organizing my ‘wealth’. Oh, and did I mention the 50 pieces of each denomination? Talk about feeling rich! This set definitely gets an A+ from me, Melissa & Doug!” — Jenna

2. “As a parent, I’m always looking for toys that are not only fun but also educational. And let me tell you, the Melissa & Doug Play Money Set checks both boxes! Not only is it a classic play money set with realistic-looking bills and coins, but it also comes with a wooden cash drawer for storage. My kids love playing ‘store’ with this set and it’s a great way to teach them about currency and basic math skills. Thank you, Melissa & Doug, for making learning fun!” — Mark

3. “Okay, I have to admit, when I first saw the Melissa & Doug Play Money Set, I thought it was just another toy cash register. But boy was I wrong! This set has exceeded all my expectations and then some. The quality is top-notch, as expected from Melissa & Doug products, and my kids can’t get enough of playing with it. Plus, as a bonus for parents, it’s a great way to encourage imaginative play without any screens involved! Seriously folks, this is ‘the gold standard in childhood play’ as NBC News puts it.” — Rachel

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Why Play Money For Kids is Necessary?

As a parent, I have always been concerned about instilling financial literacy in my children from a young age. I believe that teaching them about money and how to manage it is crucial for their future success. That’s why I strongly believe that play money for kids is necessary.

Firstly, play money allows children to understand the concept of currency and its value. By playing with pretend money, children learn that certain items or services have a specific cost attached to them. This helps them develop an understanding of the value of money and how it is used in our daily lives.

Moreover, play money also teaches kids about basic math skills such as counting, addition, and subtraction. By using different denominations of play money, children can practice these skills in a fun and interactive way. This lays a strong foundation for their future financial management skills.

Play money also encourages imaginative play and creativity in young minds. Children can use their pretend money to create scenarios like running a store or setting up a restaurant. This not only enhances their problem-solving abilities but also teaches them valuable life skills such as budgeting and decision making.

Lastly, introducing play money at an early age can help children develop responsible spending habits. By setting limits

My Buying Guide on ‘Play Money For Kids’

As a parent, I understand the importance of teaching kids about money from a young age. That’s why I believe play money is a great tool to introduce financial concepts in a fun and interactive way. Not only does it help kids understand the value of money, but it also promotes basic math skills and encourages imaginative play. If you’re thinking of purchasing play money for your child, here’s a guide to help you make the right choice.

1. Age Appropriateness

The first thing to consider when buying play money for your child is their age. Play money sets come in different designs and complexity, so it’s important to choose one that is suitable for your child’s age and developmental stage. For younger kids, opt for simple bills and coins with larger sizes and bright colors. Older children might benefit from more detailed designs that resemble real currency.

2. Material Quality

Since play money will be handled frequently by children, it’s essential to choose a set made of durable materials. Look for options that are tear-resistant, waterproof, and can withstand rough play without losing their color or shape. Plastic or laminated paper are good options as they are easy to clean and can last longer than paper bills.

3. Realistic Appearance

While the purpose of play money is for fun and learning, it’s always better if it resembles real currency. This will help kids make a connection between play money and actual money in the future. Look for sets that have accurate denominations, colors, and designs of real bills and coins.

4. Variety of Denominations

To fully engage your child in learning about money, choose a set with various denominations that covers both bills and coins. This will allow them to practice counting different amounts and understanding the value of each denomination.

5. Educational Value

Aside from being fun toys, play money should also have educational value. Some sets come with activities or games that teach kids about budgeting, saving, or making change which can be beneficial in developing their financial literacy skills.

6.Price

Play money sets come at various price points depending on the quality, size, and number of pieces included in the set. Set a budget beforehand but keep in mind that investing in a high-quality set can last longer than cheaper ones.

7.Reviews

Before making a purchase decision, take some time to read reviews from other parents who have bought the same product. This will give you an idea about the quality of the product and if it has met their expectations.

Remember that introducing kids to financial concepts through play is just one aspect of teaching them about money management. It’s essential to also have open conversations about saving, spending wisely, and giving back to others.

In conclusion,, there are many options available when it comes to play money for kids; however, choosing one that suits your child’s age and has educational value should be your top priority.