MoneyTime Review: Should I buy it for my kids?

Michael QuanEducation, Family, Misc2 Comments

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MoneyTime for Kids

When’s the best time to get your kids started with money? The sooner the better, right?

The challenge of course is that they may not understand more abstract financial ideas until they reach 8+ years old… at least that’s what I’m finding for my own kids.

If you haven’t started though, don’t fret. There’s still time. And, remember, it’s never too late to learn (adults included)!

Helping your child learn about money can avoid costly mistakes in the future and plant seeds of wealth.

An Inside Look at MoneyTime

My son starting up MoneyTime!

Today’s post is going to focus on an interactive financial education program (MoneyTime) that I recently shared with my kids.

And, I intend on answering the question, “Should I buy MoneyTime for my kids?”

MoneyTime goes much further than most financial education tools. In addition to teaching kids about money, it also gives them hands-on experience with managing and growing it.

Here’s how they do it…

Financial Literacy Doesn’t Need to Be Hard

Education comes in many forms. There are classes, books, online courses, and good ole experience!

MoneyTime teaches your kids financial literacy on multiple levels by leveraging technology.

As my kids went through the program, I found them asking tons of questions, getting excited about growing their money, and learning how to avoid costly mistakes.


There are a whopping 30 modules for your kids to work through:

Modules 1 – 7: Earning, Saving and Employment

These initial lessons teach your child how money gets earned, the importance of saving, and how interest works.

The employment modules introduce them to careers they might be interested in and give an understanding of the job application process.

Modules 8 – 11: Smart Spending, Budgets, Banking and Payments

Your child learns how to make good buying decisions, how to prepare basic budgets, about bank accounts and the different ways of making payments so that they feel confident managing their money.

Modules 12 – 18: Borrowing, Loans and Repayments, Rent or Buy, Mortgages, Buying property

Your child is introduced to the concepts of debt, loans, and repayments so they don’t feel afraid of these when they are exposed to them in the future.

The thought of buying a property is intimidating for most people so the property modules normalize the process by walking your child through the basics of property purchase and explore the cost differences between renting and buying.

Modules 19 -26: Certificates of Deposits, Property Investment, Stocks, Collectibles, Business Basics, Marketing, Promotion, Profit and Loss

You can make money with money! Your child is introduced to different types of investments and the basics of business so that they begin to understand how they can use them to increase their wealth.

They learn how businesses work, how businesses make money and the different kinds of jobs businesses offer.

Modules 27 -30: Warranties and Cash, Insurance, Online Security and Net Wealth

Your child will be introduced to their consumer rights, how to protect personal wealth against financial crisis, cybersecurity, and investing to grow their wealth for the future.

More importantly, MoneyTime engages the kids by actively involving them.

Each of my kids started off by creating an account and logging in.

The first few modules are designed to build momentum, and then more complex ideas are built-in subsequently.

Adults Can Learn Too

Because my kids are a little younger than the recommended 10-14  year age range, I sat with them through the initial modules to help where I could.

They were really eager to become “employed” and start earning money!

As I took them through the beginning modules, they are present with ideas and questions about money. It spawned a ton of great conversations with my kids and by having ownership of their accounts, they became invested in the process.

There’s even a parent study guide that you can use to supplement lessons your kids are learning. And guess who might pick up a tip or two in the process? 😉

A quick note is that should your child be age 10 to 14, then they should be able to run through the course on their own without any parental assistance. I’m planning on having my kids go through certain sections again as they get older and more comfortable with harder to understand topics.

Click here to save 25% on a MoneyTime Annual subscription.!

Investing in Our Future is Always a Good Investment

kids and money

Because MoneyTime is a standalone game, you can let the software do the heavy lifting. Or, you can be involved right next to them. MoneyTime gives you options.

I believe investing in our children is not only necessary, but it’s also smart. I know that my kids will be far more prepared to deal with their finances at an early age and my wife or I ever was.

With a solid financial foundation, they will be able to go into the world without falling prey to the mainstream consumerism that plagues our environment. Instead, they will be well equipped to make educated choices and evaluate the long-term effects of their decisions today.

MoneyTime Pricing

I’d have to say that the pricing for MoneyTime is very fair. They offer a low monthly subscription for $12.95 and an annual membership for $66… just a touch over a Nintendo Switch game. The price also goes down if you purchase licenses for multiple kids.

And because I’m partnering with MoneyTime, if you purchase a license from this link, you’ll receive a 25% discount on the annual membership.

This is truly an investment that can’t be beaten!

To top it off, MoneyTime offers an incredible 60-day money-back guarantee. That’s pretty impressive by anyone’s measure.

*Note these are current prices as of writing and only apply to the U.S. version.

Final Thoughts

I’ve said it many times before. Building wealth is 80% psychology and 20% mechanics.

I believe an investment in MoneyTime achieves both of these objectives. It takes away the stigma of money and opens the discussion to confidently handle your money. Furthermore, it helps your child to learn the specifics around key financial concepts that are devoid in our education system.

So, I definitely recommend MoneyTime for any family that’s looking to teach their kids about money in a fun and efficient way. As it stands now, the modules are very in-depth and I suspect they’ll continue adding to it as needed. My only suggestion would be to create a mobile app version it’s accessible in multiple ways.

I hope you found this review helpful. And no matter what you decide, commit to spending time with your kids talking about money. It’s something that can enhance their future for decades to come.

Invest in your kids today, and watch the compounding grow tomorrow! Special: 25% Off Moneytime Subscription

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