John Lowe, Moneydoctor

Use Moneyville to teach your child about money - click here to hear why.

Explore Moneyville With Your Child

Many children think that money is just something you have, and many parents find it challenging to explain what money actually is - or where it comes from.

In Moneyville your child can play his or her way to a better understanding of how money is earned, how to prioritise and how to save up for the things he or she truly wants. By exploring Moneyville together, you'll have a great starting point for talking to your child about money.

Enjoy.

What your child will discover in Moneyville

There is a lot for your child to discover in Moneyville.

Your child will have his or her first chance to earn money at the city gates, which need to be painted….

… they can also earn money at the apple stall or at the post office…

… and use the money they earn on all kinds of things in Penny's Shop.

If your child is a little older, he or she can try managing a family's budget for an entire year...

… and learn that economic choices have consequences.

And when there's time for something other than money lessons, your child can spend some time exploring the time machine.

Welcome to Moneyville!

Read More About Children and Money

The Value of Money

Author: Catherine Jenkinson, Mathematics Practitioner and Principal of ITS4U

Young children find the concept of money difficult to understand. They may see a 50 cent coin as being worth more than a €1 coin because it is slightly bigger. It is important to help them to identify various coins and appreciate their value.

Here's how you start talking about money >

Ages 5-7

Where does money come from?

Author: Catherine Jenkinson, Mathematics Practitioner and Principal of ITS4U

Unfortunately, money is not something that grows on trees or can just be withdrawn with a debit card without rules and limits. But how can this be explained to children and young people?

What does this mean in terms of pocket money? >

Ages 5-7

Prioritising money

Author: Catherine Jenkinson, Mathematics Practitioner and Principal of ITS4U

Almost as essential as the air we breathe to live, is the ability to have financial independence. Empowering children with skills in money management at an early age will enable them to make informed decisions in the future. As parents and adults you have a crucial role to play in this.

Here are some tips for helping your child to get started >

Ages 5-7

Saving up

Author: Catherine Jenkinson, Mathematics Practitioner and Principal of ITS4U

It is not always possible to buy everything at once. Therefore it is important to encourage children and young people to understand the principle of budgeting and saving.

Help your child learn to save up >

Ages 8-10