Why Monopoly Is A Great Board Game For Young People
Monopoly is a popular game that involves a lot of strategy and a bit of luck. Many adults love to play Monopoly, as a family game and in large gatherings. But this board game is also beneficial for children. This article will talk about two key reasons why parents should involve their children in this board game.
# 1: Monopoly Introduces Kids To Adult Terms They Will Use In Later Life
There are two key concepts that children are exposed to that will be crucial in later life: rent and mortgage. Every time a player lands on someone else’s property, they must pay a specific amount. This becomes crucial as children get older because they learn that in order to stay elsewhere, they must pay a monthly fee. They also learn that not all places charge the same rent and that properties in wealthier neighborhoods cost more.
Children are also exposed to a mortgage for the first time. While the mortgage at Monopoly is different from the standard mortgage, the kids are at least familiar with the concept that they will receive money from the bank as consideration for their property. It is a great growing experience for children.
# 2: Monopoly Will Teach Kids Strategy And Management
Monopoly is a strategy and management game on many levels. Whether it’s buying the right set of properties or seeing how much money you have, winning is more than luck. For example, when children play Monopoly over a period of time, they can learn that they can win if they focus on getting properties centered around a corner is a better strategy than trying to get Park Place and Boardwalk. They can also learn that focusing on the most expensive properties may not be the best strategy to win because it drains their money and they may not get a return on investment.
Whatever the case, children will better understand the focus they need to win the game and see how much money they have. This is a good development for a child in the future because he can take his strategy and management skills and put them to good use when it comes time to manage his money and make crucial financial decisions.