Learning Money With Leo & RBC

Something that is very important to me and I think to a lot of parents is trying to teach their children about money, but how do we teach them about money? What methods do you use to teach your children about money? What lessons do you try and teach your children about money?

For those of you that have an iPad, there is a New, Free Application to help you teach your children about money in a fun way. In my opinion, one of the best ways to help your children learn something is to make it fun for them to learn and that is exactly what RBC has done with their iPad Application Learning With Leo.

About Learning Money with Leo

Learning Money with Leo provides parents with a practical and fun way to help teach their children (3 to 6 years old) about the concepts and value of money.
*Provide kids with an introduction to the concepts and value of money
*Teach kids about earning, saving, and spending money
*Help kids develop a foundation of basic money skills that they can build upon in years to come.

Learning Money with Leo features a variety of kid-friendly and interactive games (Match It game, Gather The Coins and Spot The Differences) to teach your children everything from earning, to saving, to spending money. As your child plays each game they’re able to earn coins, which can be used to buy stickers for their very own virtual sticker book.

Leo gives simple instructions and positive messages to engage your children and cheer them on to success.

Leo

Learning Money With Leo has 5 colourful and exciting games that provide children with an opportunity to recognize coins of different denominations, and interact with them in a variety of ways.

Interactive Games Screen Shot

The Read Along Story Books help to teach the value of earning and saving.

Read Along Storybook

There are fun images to paint/color such as a Piggy Bank or even Leo himself.

Colouring Book

What I really love about Learning Money With Leo is that as your child is learning and completing activities, they are earning coins. They save the coins and then can go into the Virtual Sticker Store and purchase Virtual Stickers for their Virtual Sticker Book. They quickly start to learn how much they need to purchase a sticker and become motivated to perform more activities and to save for the stickers. The butterfly is definitely a favorite virtual sticker in our home.

Learning Money With Leo is only available right now for the iPad. If you wish to having Learning Money With Leo and do not have an iPad, you can download a printable version of the games. Remember though, if you do have an iPad, Learning Money With Leo is a FREE application.

I have played Learning Money With Leo by myself, with my 5 year old and my 5 year old has played it alone. I feel that Learning Money With Leo is an entertaining, interactive and educational resource that my 5 year old willingly initiates playing time by herself.

Financial freedom is something that I think we all wish to have and that we certainly would like our children to have. I love educational resources, especially free ones like Learning Money With Leo that can help parents teach our children from a young age about the concepts of money. A big thank you goes out to the RBC Advice Center for realizing the importance of teaching our children about money from an early age and creating a fun resource to help us achieve this.

RBC is going one step further with trying to help you save some of your money with the chance for one MomMomOnTheGo fan to win a $50.00 RBC Visa Gift Card.

Contest is open to residents of Canada who are over the age of 18 years old and where it is permitted by law to enter. Contest closes on April 18th,2012.



a Rafflecopter giveaway

“Disclosure – I am participating in the RBC Learning Money With Leo program by Mom Central Canada on behalf of RBC Royal Bank. I received compensation as a thank you for participating and for sharing my honest opinion. The opinions on this blog are my own.”

Comments

  1. Amy says

    I teach my child about money by paying then certain amounts for jobs I need help with. They have piggy banks to store it in and know that if they see something they like that they have to option to keep saving or to use some of there own money if I am not willing to pay for it for them.

  2. Anu Chopra says

    We started giving my son an allowance and teaching him that if he wants to buy any toys/games, then he would have to save and spend his own money. This is helping him to learn to save his money!

  3. Rachael Porter says

    My daughter gets an allowance every week and she has to save it for enough weeks to buy what she wants before she can have it. I am trying to teach her she should be able to afford something, otherwise she just can not have it.

  4. Amber Smith says

    I teach my daughter about saving with little things like purchasing craft supplies. We save up together with a purchase in mind and that way I think she gains patience and understands the reward for it.

  5. Stacey Dempsey says

    I took the learn by experience route, when i started giving them allowance, I didnt tell them what they should or shouldnt spend the money on, or tell them it was a waste of money etc, it was hard at first when they would blow the money and then be upset they had none left, but after awhile they became more cautious and savvy with their money and they hunt for deal, they are all good savers now

  6. Jessica Ward says

    I have found giving an allowance is a great way to teach them about money. Also if they don’t have enough money they can do extra chores/tasks to earn it.

  7. Wendy-Lee says

    I have a chore list and each chore gives her an amount of money, if she does more chores she gets more money if she does less she gets less.

  8. Jami says

    My 2 year old has a piggy bank, where he puts any coin that he finds. I will give him a coin for good behaviour and if he helps to tidy up, but he isn’t quite ready for the money thing yet. Soon though. This looks like a great tool for teaching them though.

  9. Jessica Bleasdale says

    my son saves pennies he finds in his piggy bank

    Jessica Bleasdale (JACB)
    sexxyjessi at hotmail dot com

  10. LaToya Harnum says

    he wont be able to do the games for a long time but i have nieces who can do them and i’m most excited about the match game….mostly because i love doing them myself lol

  11. LaToya Harnum says

    my lil guy is to young to understand any of it lol hes only 8 months old…but i’m already getting ready to teach. We have a coin counter for his money from his grandparents….when the money goes in it goes to the rigt slot for its size and up the row it goes up by the amount (.01 for pennys, .10 for dimes etc) he also has another piggy bank we are saving money in for him so when he gets old enough to want things we can tell him if he has enough he can get it….and i have opened a bank account for him already and am saving money in it for him :)

  12. mary mcmenamy says

    i have 4 kids my baby 6 mos my 6 year ols son loves to read my 21 year old hasbeen reading 4 years my 12 year old opened up a saving account with his papaer route

  13. Julie Lynn Bickham says

    My children already know about coupons and sales, I try to teach them already how to find the best the deals possible.

  14. Dottie Prater says

    My grandchildren each get an allowance. They save half and are allowed to spend the rest. They take much better care of things they pay for or that they have to earn.

  15. Andrea Amy says

    We try to teach them to save their money, and the little ones all have money banks. I have tried to teach my older 2 the value of a coupon and using sales to get the most for their buck.

  16. Sarai says

    Tell my 6 year old to save her money and spend it only when she really wants something, teacher her patience

  17. B C EDWARDS says

    kids need to know the real value of money, that you buy cus you need it not because you want it , as later in life , your shopping habits will carry on from what you learned as a child

  18. Pamalot says

    From a very early age I have talked to them about how to save and spend money. I hope I have role modeled some strategies.

  19. Jenny Stewart says

    I try to teach my kids about money almost everyday! We like to dump out coins from the piggy banks and roll them together. Which makes them have to count out the correct number of coins for each roll.

  20. Jenny Stewart says

    Excited about the Read Along Books! My kids are at the age where they are just starting to show their confidence while reading.

  21. angela m says

    I talk with my daughter about money and bills.. She also has a piggy bank, so she learns to save her money
    thanks

  22. Jennie says

    whenever my daughter recieves money for birthdays or Christmas I let her spend some, but to put some in the bank as well

  23. shannon o says

    My kids are 4 so right now they have learned that they can earn extra money by doing extra chores around the house and such…they have to save the money in their banks and at Xmas time they get to take the money out and buy gifts for each other (and their dad)…it worked so well last year…they super loved the process

  24. Lisa KH says

    My son is too young yet but when he is a little older, we’ll implement an allowance to teach him about money.

  25. candace says

    I am starting to get my kids to earn an allowance by doing weekly chores. Also, when i have change we count it together.

  26. Glogirl says

    I don’t have kids but a great way to start teaching about money is with an allowance and a piggy bank. I like those piggy banks that have 3 sections-one for sharing, one for spending and one for saving.

  27. Star A. says

    We help him by figuring out how much money something costs that he wants to buy and if he doesn’t have enough he has to save for it!

  28. Daisy Dixon says

    I teach my kids who are 15 and 11 with an allowance and by teaching them the prices of things and how to save to get what they want.

  29. Tracy says

    My kids will probably respond best to the Read Along Story Books that help to teach the value of earning and saving.

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