Why the game of life is a good game for young children

The game of life is a popular game played in many homes. There are many scenarios and other details about the game that make it more complex than most board games. However, it is a wonderful board game for children to play because of the many things it can teach children. This article will discuss some of those things.

# 1: Teach kids the concept of insurance

Anyone who has played Life knows that it will eventually get to the point where you can buy a house. One of the important decisions a player must make is whether to buy insurance. While the player has the decision not to buy insurance, this can be very damaging if they land in a space where their home or car is somehow destroyed. Since they didn’t buy insurance, it ends up hurting them financially and it can cost them a lot to play.

Similarly, children begin to understand the importance of insurance and how crucial it is to have insurance because of the possibility of anything happening. They learn that homeowners insurance, health insurance, and other forms of insurance are important because they protect the family in the event of unforeseen circumstances. So this board game is a great way for kids to start learning about insurance.

# 2: Children Also Begin to Learn About Notes, Loans, and Stocks

As anyone who has played Life knows, you are allowed to buy stocks, take out loans, and take out promissory notes. These are definitely good terms for young children to learn as they become very crucial in later life. For example, if a player decides to start college instead of going straight to work, they have to borrow $ 40,000 from the bank and pay it back over the course of the game.

Of course, promissory notes, loans, and stocks work differently in this game than they do in real life, but children are exposed to the terms and may develop greater curiosity about them. They may decide to research these terms or ask their parents. This will help the child a lot in later life.