Looking for a summer camp activities list for a DIY money camp? Check out this 5-day schedule + lesson plans below.
Would you like to structure just one week of your kid’s summer vacation as a DIY money summer camp? I’ve got a week’s worth of money lessons outlined for you below, plus the supplies you’ll need so you can skim ahead of time and have everything ready.
Psst: Mama Bear Prepwork: I really suggest you go through this post about figuring out what the heck it is you want your child to learn about money a week or even a day before your camp starts. This will shape what lessons you choose now & moving forward. Clarity is golden!
Here’s your summer camp activities list to choose from + an Ideal schedule to maximize learning:
Monday – Stretch Your Child’s Delayed Gratification Muscle as a Precursor to Goal-Setting
Set up a Delayed Gratification Experiment in your own home.
Supplies You’ll Need: Chocolate Money Coins (you can pick these up at a Party City), plus either an item, experience, or more chocolate coins as the reward for waiting to eat the chocolate.
You can choose any duration of time you’d like to have your kids or teenagers wait for the bigger reward. Shorter duration works well with little kids (just a few days), and a longer duration works well with kids/teens who have flexed their delayed gratification muscles a bit. Since this is a one-week money camp, feel free to set the duration to be the end of this week.
Let’s see how your kiddo does!
Tuesday – Teach Your Kid to Save with this Money Growth Experiment
This experiment takes several months to reach the outcome. So why did I include this on your summer camp activities list? Because once you set it up, you don’t need to do any other work. So, take the time to actually set it up during this week, then watch it unfold naturally.
Supplies You’ll Need: A jar (any old one will do), a savings account that earns interest, and seed money to populate both the jar + the savings account.
Wednesday – Savings Accounts Activities to Keep Your Kid’s Account from Collecting Dust
Choose one, two, or all three of these activities to go through during your DIY Money Summer Camp Week. Activities include naming (i.e. giving purpose to) their savings account, having your child shop around for the best interest rate, and starting a savings statement binder.
Supplies You’ll Need: A savings account for your child. If you don’t already have one (I walk you through how to set one up here), then move onto a different activity, or make the activity opening up a savings account together.
Thursday – Start Up the Money Dialogue with Your Family
Grab your free set of printable money conversation cards for kids and parents. Use these on commutes, road trips, or around the dinner table. They’re super fun, plus you might be really surprised with what you learn about your child’s understanding of money.
Supplies You’ll Need: Printed conversation cards, available in the post, plus a jar or other holding container to put them in.
Friday – Ignite Your Child’s Entrepreneurial Spirit
Turn your child into a consultant by using the dialogues I’ve set up as an example to discuss with them about consumer needs plus fulfilling those needs to make a profit.
Then turn them loose as they figure out what some of your own household’s needs are, how much you are or are not willing to pay for them, and how to do the work to a customer’s (your’s) satisfaction.
Supplies You’ll Need: Nothing in particular. Just time.
Bonus or Substitute Lesson: Play Compound Interest Detective
Compound interest can literally change your child’s future. Moderate as they go through this lesson (there’s a 9:02 minute video to teach them what compound interest is in case you’re squeamish to do so) and open them up to the possibilities of money earning its own, actual, money. How cool!
Supplies You’ll Need: A savings account, and two consecutive statements representing two compounding periods from your child’s savings account.
Excited by some of these possibilities on this summer camp activities list? Now it’s time to choose one week to claim as Money Summer Camp, and schedule one of the money activities for each day. Remember that within some of the articles, there are multiple activities that you can choose from (or do them all and I’ll give you a digital high-five!).