The school term might have started out of your living room instead of the classroom, but there are still plenty of activities that entertain as well as teach the kids during lockdown.
Board games can be a fun way for children to learn subjects such as financial education.
Westpac offers three different games teaching financial education, divided into the age groups: Five to seven, eight to 12 and 12 and over.
High Flyer (Ages five to seven)
This game teaches young children about how we can spend or earn money, and what impact spending and earning has on reaching your end goal.
Roll the dice to move your piece along the pathway to Harry the Helicopter!
The High Flyer board game can be found on the Westpac website to be downloaded as a PDF to print and play.
Cash & Explore (Ages eight to 12)
Cash & Explore teaches older children about making trade-offs, interest and the impact of external events on your finances.
Players must choose between purchasing smaller items and saving up for the bigger end goal.
The Cash & Explore board game can be found on the Westpac website to be downloaded as a PDF to print and play.
Zombie Cash-tastrophe (Ages 12 and up)
Zombie Cash-tastrophe is a board game centred around surviving a zombie apocalypse. It is available in both English and te reo.
You’ll need to save up your ‘zollars’ to escape the zombie hordes, by catching a helicopter ride to Stewart Island.
As well as saving, you’ll need to cover the basic costs of living such as food, water and shelter and decide whether you want to purchase added protection e.g. a Zombie Survival Kit.
The game has been designed for ages 12 and up to create a fun way to explain fundamental financial concepts and help develop the skills and knowledge that will enable young people to make better financial decisions throughout their lives.
The Zombie Cash-tastrophe board game can be found on the Westpac website to be downloaded as a PDF to print and play.
If your child is looking for something more artistic during the lockdown, Westpac has also created a printable version of their ‘We’re all in this together’ logo.
From pohutakawa flowers in the foreground, to a New Zealand ocean in the background, kids can colour the drawing and post their artwork to the Westpac Facebook page.
Keeping a savings tracker during lockdown can be beneficial to not only your own finances, but it can also teach kids financial education, says Dr Pushpa Wood, Director of Westpac-Massey Fin-Ed Centre.
“It’s a great exercise to do daily.
“Write down all of the money you’re saving by not purchasing the things that you usually would,” Dr. Wood says.
“Restricting purchasing teaches children delayed gratification and cost benefit analysis while at home.
“It’s a chance to see how little we need to survive, while focusing on essential needs rather than wants.
“Keep a record of what you can live without and ask yourself if that has made you any less happy or less comfortable.
“If there was no impact on your happiness by giving something up, then you could continue this as a long-term habit after lockdown is over,” she says.