Expansion difficulty/complexity level: Medium-Easy
This is a fairly easy Monopoly game expansion to teach youngsters the principles of filing and paying income tax. It includes an income tax form on which players keep track of income and deductions, figure and pay their income tax at the end of each circuit of the board. Players may opt [...]
September 9th, 2008 | Posted in Family, Finance, Games, Hobbies, Income, Monopoly, Taxes | 2 Comments
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, [...]
June 25th, 2008 | Posted in Banking, Family, Finance, Frugality, Games, Hobbies, Money Management, Monopoly, Savings | 1 Comment
Expansions Difficulty/Complexity: Easy
This is a cash-free version of the game wherein all transactions are handled through personal checking accounts and recorded in individual check registers. Each player is responsible for his own account and must record all transactions – payment and receipt of rent, taxes, bribes, etc. in his check register.
Objective
To teach children (and some [...]
June 20th, 2008 | Posted in Banking, Debt, Family, Finance, Games, Hobbies, Monopoly | 2 Comments
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 [...]
June 18th, 2008 | Posted in Banking, Family, Finance, Games, Hobbies, Monopoly, Savings | 11 Comments
As kids, Madoline and I loved playing Monopoly. We enjoyed accumulating property, building hotels and watching the money roll in. We used to play to the extent of having to use calculators to keep track of our individual wealth after exhausting the bank’s supply of cash. When our cousin Mabel arrived in April for her [...]
June 17th, 2008 | Posted in Announcements, Family, Finance, Games, Hobbies, Money Management, Monopoly | 1 Comment
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