Put Little Kids on the Path to Financial Literacy With Milo’s Money

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In this lesson, we explore “Milo’s Money,” a fun educational tool designed to teach young children about financial literacy through the adventures of Milo the Dinosaur. The program includes an engaging storybook and interactive games that help kids learn essential money concepts such as counting, spending, saving, and giving, while also providing teachers with additional resources like worksheets and activities to enhance the learning experience. Overall, Milo’s Money offers a playful and effective way for children to start understanding how to manage money wisely.
  1. Who is Milo and what does he teach us about?
  2. What can you do with the Milo’s Money game?
  3. Why is it important to learn about saving and spending money?

Put Little Kids on the Path to Financial Literacy With Milo’s Money

Hello, friends! Today, we’re going to learn about a fun tool called Milo’s Money. It’s a special way to help kids learn about money. Let’s find out more about it!

Meet Milo the Dinosaur

Milo is a friendly dinosaur who loves to teach kids about money. With Milo, you can read a story and play a game that helps you learn important things like counting, spending, saving, and even giving money to help others.

Storybook and Game Fun

The storybook about Milo is available online, and you can read it on your computer or tablet. If you’re a teacher, you can even get a real book for your classroom! The story is full of fun adventures with Milo and teaches you how to be smart with money.

There’s also a game you can play! In the game, you use British pounds, which is the money used in the UK. But don’t worry, you can learn to use other types of money too, like dollars. The game helps you practice adding and subtracting, which is like doing math with money!

Activities and More

While reading the story, you can do fun activities. These activities help you understand the story better and are great for doing with friends or classmates. You can also play the game right in your web browser, which means you don’t need to download anything special.

Extra Fun for Teachers and Kids

If you’re a teacher, there are lots of free resources you can use. There are worksheets, coloring pages, word searches, and mazes. These activities make learning about money even more fun!

Why Milo’s Money is Great

Milo’s Money is a wonderful tool for learning about money. The story is fun, the characters are cute, and you get to make choices like whether to save or spend. It’s a great way to start learning about money and how to use it wisely.

Thanks for learning with us today! We hope you have fun with Milo and his money adventures!

  • What do you think is the most fun part about learning with Milo the Dinosaur? Is it reading the story, playing the game, or doing the activities? Why?
  • Can you think of a time when you had to decide whether to save or spend your money? What did you choose, and how did it make you feel?
  • If you could create your own story with Milo, what kind of money adventure would you like him to go on? Who would he meet, and what would he learn?
  1. Money Hunt: Go on a money hunt around your house! With the help of an adult, look for different coins and bills. Once you’ve found some, try to identify them. What is the name of each coin or bill? How much is it worth? You can even create a small pretend store at home where you can practice buying and selling items using the money you found. This will help you understand the value of money and how to use it in everyday life.

  2. Savings Jar: Create your own savings jar! Decorate a jar with stickers, drawings, or colorful paper. Decide on something you would like to save for, like a toy or a book. Each time you receive some money, decide how much you want to put into your savings jar. Watch your savings grow over time and think about how it feels to save for something special. Discuss with a parent or teacher why saving money is important.

  3. Giving Game: Think about how you can help others with money. With a parent or teacher, choose a small amount of money to give to a cause or someone in need. It could be a charity, a friend, or even buying a small gift for someone. Talk about how it feels to give and why it’s important to help others. You can draw a picture or write a short story about your experience of giving and share it with your class or family.

Sure! Here’s a sanitized version of the YouTube transcript:

Hello everyone, it’s Chrissy and Tanner from Common Sense Education. We are here again, just like we are every single Tuesday, to give you hot tips about tools that you can use in your classroom. We’re very excited to be here! Come and visit us at Common Sense Education to get all kinds of free resources for you in your classroom. We’re here to help you; that’s our primary purpose.

Today, Tanner is going to tell us about a tool. I’m very excited to hear about this! Tanner, please tell me what it is.

It is Milo’s Money, available at milosmoney.co.uk. You can check this out while you’re watching the video. This is a recent review for us that came in at three stars, and we graded it for pre-K to one, targeting ages five to seven. This came on our radar because it got nominated for a James Paul Gee Learning Game Award, which is a new type of award by one of the most famous theorists about games and learning. Milo’s Money got nominated, so we definitely had to check it out, and we’re really pleased with it.

It’s a great little free package for teachers of young children looking to onboard them into financial well-being and literacy. As you can see in our one-liner, it is a combination of a storybook and a game, along with some supplemental resources all hosted on this site. You can give access to the storybook right here; there is a digital version of the storybook. Teachers who register for free on the site can get a hard copy of the book for their classroom, but it is available right here for you to browse.

It’s a nice little story with a dinosaur named Milo that focuses on essential concepts of financial literacy, such as counting, spending, and a very intentional approach to saving and donating. This program is a product of an organization called Lifesavers in the UK, which does have a religious component to it, as it is based out of a church. We did notice some school assembly materials that feature a prayer, but you can easily remove that if you prefer.

You can browse through both the physical book and the digital book, which has pocket activities on certain pages that you can use to supplement what you’re reading with students. These are great for group activities or as follow-ups to what students are reading. Alongside this digital book, there’s a digital game that you can easily access and play right in your browser.

It does have English narration, and the money used in this game is British pounds, which can lead to some complications for those teaching in other areas. However, we noticed that the printables could probably be modified to assist with using dollars or something similar.

The game involves simple addition and subtraction, and unfortunately, if you get the answer wrong, there’s not a lot of support, which is why it scored more in the three-star territory for us. It does have solid learning concepts behind it, and the interactivity is nice and simple for this age group, especially if they’re using a mouse.

The storybook is fun, the characters are cute, and there are decision points, like whether to save or spend. In addition to that, if you register, there are up to 60 free teacher resources available. You can see a sampling of some of them, including downloadable worksheets to extend learning, storytelling assemblies with discussion components, and kid-friendly activities like coloring pages, word searches, and mazes.

Overall, Milo’s Money is a recommendable financial literacy tool if you’re teaching young children.

Thank you for joining us! Please like and subscribe!

This version removes any informal language, laughter, and personal anecdotes while maintaining the core information about the tool being discussed.

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