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, and it is so much fun watching the money add up.

Objective

To learn the system and benefits of saving and investing via Certificates of Deposit (CD’s).

How to Play

• Download and print the Bank of Monopoly Certificate of Deposit Form (includes rules).
• Banker
  Designate a player to be in charge of CD’s. This person will receive and deposit into the bank the money to be invested, fill out the CD form, keep track of players’ passing of “Go,” calculate interests and penalties, and pay out the earnings from the bank.
• Opening a CD
  Deposit the amount to be invested in the bank and fill in the player’s name, opening balance and term of deposit. The term is the number of “months” or circuits around the board. Deposits may only be made on the turn when a player passes or stops on “Go.” Once a deposit is made and the term is set, it may not be changed.
• Marking off the months
  When a player passes “Go,” the banker marks off a circuit under 1st, 2nd, and 3rd Months. This indicates the passage of time. If a player purchases a CD for 1 month, his account is considered mature after one full circuit of the board. 2 months require 2 full circuits, and 3 months require 3 full circuits.
  Note: Going to jail does not constitute a circuit as one does not pass “Go.”
• Payouts
  When a player passes “Go” for the last time, his/her earnings are calculated and the balance paid out.

Click on the image below to see a sample

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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 be in a real-life savings account, this game can teach children the basics and benefits of saving money and how banking and savings accounts work.

Objective: Learning Basic Money Saving Techniques and Principles

• Develop a regular habit setting money aside for a rainy day or future investment.
• Watch your money add up a few dollars at a time.
• Experience the satisfaction of greater earnings and faster growth as interest rates increase with your balance.

To play the Monopoly Personal Savings Account Expansion

• Download and print out the Monopoly Personal Savings Account Statement (with rules)*
• The Personal Savings Account Statement contains a form for tracking:
  • Opening balance
  • Interest Rate which increases as balances grow
  • Interest Earned
  • Credits and Debits (Deposits and Withdrawals)
  • Closing Balance

Click on the image below to view a sample form

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