A great way to teach kids about money is through play because it is fun and they generally love doing fun stuff WITH YOU! Games help kids learn to think and work out the best way to manage money. They will have to complete tasks to 'earn' money and they will need to plan whether to spend or save. Children are also encouraged to ask questions and hopefully probe further. A couple of great board games for teaching kids about money are Monopoly and The Game of Life is another.