Archive for the 'Banking' Category
Expansion difficulty/complexity level: Easy
This is a basic savings account add-on for the Monopoly game to teach the principles of personal savings. The rules are few, with easy to calculate interest rates and a simple form to keep track of each player’s individual savings. While the interest rates are higher (for easy calculation) than they would [...]
June 18th, 2008 | Posted in Banking, Family, Featured, Finance, Games, Hobbies, Monopoly, Savings | 11 Comments
Note: We are taking a short break from blogging this week and will be re-posting a few of our earlier articles that may not have been read by many of our current readers. If you have already read this article (and those few to come), we apologize for the repetition and assure you that we [...]
May 20th, 2008 | Posted in Banking, Bills, Credit Cards, Finance | No Comments
In days of old when I was much less informed in financial matters (not that I’m a financial whiz now, but I have improved a little), I used to think credit unions weren’t real “banks” or weren’t as good as banks — sort of like community colleges vs. universities. Well, in a way I was [...]
February 23rd, 2008 | Posted in Banking, Finance, Frugality | 1 Comment
Expansion Difficulty/Complexity: Medium-Hard
This is a credit card add-on for the game of Monopoly wherein players have both cash and credit and may opt to “charge” certain expenses in lieu of paying cash in order to keep the cash flow for investing in property and buildings. For being such a careful money saver in real life, [...]
March 12th, 2010 | Posted in Banking, Credit Cards, Debt, Family, Finance, Frugality, Games, Hobbies, Money Management, Monopoly | No Comments
While going through my piles of unopened mail (mostly bills) the other day, I decided I’d had enough and finally took the plunge into the world of Paperless Billing and Statements. Even though I’ve been fully online – shopping, selling, socializing, banking and bill paying – for years now, for some reason, I’d always felt [...]
February 19th, 2010 | Posted in Bills, Finance, Frugality, Home, Storage | 8 Comments
Expansions Difficulty/Complexity: Easy
This is a cash-free version of the game wherein all transactions are handled through personal checking accounts and recorded in individual check registers. Each player is responsible for his own account and must record all transactions – payment and receipt of rent, taxes, bribes, etc. in his check register.
Objective
To teach children (and some [...]
February 6th, 2010 | Posted in Banking, Debt, Family, Finance, Games, Hobbies, Monopoly | 2 Comments
Expansion Difficulty/Complexity: Medium-Easy
This Certificate of Deposit was the second expansion we created for the game (invented by Madoline) of Monopoly. After the Lottopoly (coming soon), I find this to be the most fun. The interest rates are rather high compared to real-life CD’s, but they help to illustrate the point that investing pays off, [...]
January 27th, 2010 | Posted in Banking, Family, Finance, Frugality, Games, Hobbies, Money Management, Monopoly, Savings | 1 Comment