Online personal finance course for kids
Why teaching your child personal finance is important
Online shopping..
Instant gratification..
Credit cards
Bad debt..
Being smart with money is an essential life skill for a successful future, but how do you teach it to your children?
Many parents weren’t taught themselves. So where do you start? What do you teach them? How do you motivate them to make good financial decisions?
Teaching your child about money made easy
MoneyTime takes care of all this for you.
It teaches kids key financial concepts so that they enter adulthood with the knowledge and confidence to make good financial decisions.
It takes them on a journey to where they are not intimidated by finance and investing because they have been making their own financial decisions in the program and are already familiar with financial concepts.
They have an expectation of how money can work for them and now they can use it to benefit themselves, their family and their community.
Created specifically for children ages 10 -14
Used in over 750 New Zealand schools by 70,000 students
How MoneyTime works
What parents are saying
We've always had many conversations about money, but MoneyTime has provided the motivation for action. Thank you for an incredibly practical and useful resource!
— Kelly George
You could spend hours scouring the internet for the best course on investing for kids or I could just tell you right now to head on over to the MoneyTime website and save you a whole heap of time and trouble.
-Tonya Nolan
Teaching children to be money smart while they are still under your financial responsibility will set them up with positive financial habits. And the MoneyTime financial literacy curriculum is the best online programs on financial literacy for kids we’ve found.
- Charlene Hess
What MoneyTime teaches children
How money can be earned, saved and earn interest. The importance of career choice, how to write a CV and a cover letter.
Earning, saving and employment
Managing money
How to make smart spending decisions, prepare a budget, and the different ways of making payments.
Borrowing money and understanding property
How debt, loans and repayments work. How people can buy property without having all the money and whether to rent or buy.
Investing and business basics
How term deposits, shares and property make money. How businesses provide products or services, pay wages and salaries, make profits and pay dividends to their shareholders.
Protecting their money and diversifying their wealth
The importance of cyber security, how insurance works and why people should diversify their investments to grow their net wealth.
Learning through play
Learning in MoneyTime happens organically as children make their own financial decisions.
Earning & Spending
Children earn virtual money for each correct quiz answer to spend on avatars and investments within the program.
Banking
They have Everyday and Savings bank accounts and are required to make their own decisions around budgeting, saving and spending.
Investing
Children then learn how to grow their money by investing it in things like term deposits, property and shares. The goal is to maximise their net wealth.
The decisions made within the game have simulated real life outcomes. This helps children understand the impact of their choices. They gain an understanding of how much things cost and what is required to achieve significant financial goals such as affording tertiary education or purchasing property.
Learning is reinforced by putting lessons into real life context
There are also 13 additional modules specifically designed for you to complete with your kids. These help reinforce your child’s learning and, most importantly, put their learning into your family context. They give you an opportunity to have some real conversations about money and the future with your child.
Parent child modules
For New Zealand and Australian kids
MoneyTime has separate versions for New Zealand and Australia because although our financial systems are largely the same, there are some differences. E.g KiwiSaver vs Australian Super, Polytechs vs TAFES.
If you are in New Zealand, you are on the right site. If you are in Australia, you are better off on the MoneyTime Global site. You will be able to make Australian school enquiries, purchase licenses for the MoneyTime Australia Parent version or the MoneyTime Australia Homeschool version.
Regardless which side of the ditch you are on, you can rest assured knowing 70,000+ Kiwi and Aussie kids have already benefited from doing MoneyTime.
What kids are saying about MoneyTime
I love MoneyTime because it is teaching us for the future but also keeps us interested because it's like a game.
— Teri Y8
I think money time is a lot of fun because it gets you ready for when you leave the house to make your own decisions.
— Antony Y7
I now have large conversations with my family about things that I have picked up from modules. MoneyTime … teaches you life skills, and still allows you to be a kid. I feel like it is really improving my math, and I really hope I can do it again.
— Isabella Y7
What makes MoneyTime great
Self taught
No parental knowledge or supervision is required. MoneyTime does the teaching for you!
Learning through play
MoneyTime utilises a money management game to maximise experiential learning and engagement.
Comprehensive
30 evenly paced modules plus 13 you can do with them. It covers earning, banking & saving, through to property, investing & business
Achievable
Each financial literacy lesson only takes 30 minutes to complete so it’s easy for kids to stay focused.
International financial literacy awards
Prepare your child for the real world
by giving them the gift of financial literacy!
