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We all strive to teach kids the value of a dollar. But, it’s just as important to teach them how the value of money can change and affect their purchasing power in the future. 

Exercise 1

Teaching Kids About Inflation

Inflation is a big word, and a pretty complex concept, too. But, with help, kids can understand what it means and see how money can actually lose value over time and prices generally go up over time. Smart saving doesn’t only mean setting money aside; it means thinking about how inflation could affect it in the long term

Exercise 2

The Value of Money

Kids might be surprise to learn that the value of a dollar changes! And so does purchasing power. The reason for this is inflation, which is influenced by market power, demand and supply. Print The Value of Money or have kids read online to learn more. 

Exercise 3

See How Inflation Works

Inflation can be hard to grasp, even for adults. This activity lets everyone see how it works, first hand. Get some cups, a pitcher of water, and show kids how the value of money changes over time. 

Exercise 4

Inflation Introduction 

What is inflation and how does it work? It’s a numbers game. Let kids try this worksheet to do the math and see themselves.

Exercise 5

Costly Crossword Puzzle of Inflation 

The more kids learn about money, the bigger their financial vocabularies will grow. In this fun crossword, they’ll be able to showcase their new knowledge and the words that come with it. 

Exercise 6

Why Inflation Makes Things Cost More 

Over time, things will cost more than they used to. That’s because of inflation. Show kids this chart to see how prices rise and why they’ll have to save more than they might expect in order to reach their future goals.

Exercise 7

Take the Inflation Quiz

Now that kids know about inflation, how it works, and why it can impact their financial futures, it’s time to put their knowledge to the test.