Monopoly is a golden opportunity to make sure your child understands concepts that can act as building blocks for financial literacy. The same study in 2009 showed 30% could do so. Financial literacy is declining in the US: a FINRA study from 2018 discovered that only 17% of adults aged 18-34 could correctly answer four of five financial literacy questions. Most of the encounters with math involve money, and that’s a great opportunity to teach your child financial literacy. Strategizing about how your actions affect others and vice versa. Making change for other players when they pay rent.Ĭounting how many turns until your turn comes up.

In each one of these instances, your child has to exercise their math skills to win:Ĭounting money to pay for property, rent, and fines. In the traditional version of the game, gameplay continues until only one player is left, which can take a long time!Ī quick Google search reveals more short game versions of Monopoly, and there is also a good chance that way you may have been playing Monopoly wrong all your life, which is also why it seems to drag on longer than it should! These concerns are all related to math, ultimately! Then, all remaining players tally up their assets, and the person with the most cash and property value wins.

To end the game: The game finishes when two players declare bankruptcy. Players pay the cash value for these properties to the bank, leaving each player with less initial cash and a head start for the game with two properties.ĭuring the game: Start buying hotels after you have three houses (instead of four.) To begin the game: Shuffle the title cards and give each player two random properties. In one condensed version of the game, three rules are added/changed to make the game go faster: It seems like nobody ever has the time to sit down for a game that takes hours to finish an entire game. One of the biggest obstacles to playing a board game as a family is the time commitment. Read below for some ideas that help you maximize your Monopoly experience with your family. Monopoly is one board game that you can use to teach your child lessons as you go.

Playing board games is one of those sneaky activities requiring your child to use their math skills without them even knowing it. At Mathnasium, we know that every child has the potential to love math! We think math is fun, so we like to make math fun for our students, too! At home, there are many ways you can teach your kids math lessons by doing activities that might not feel like math.

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