5 Top Money Camps for Kids This Summer

Source: Thinkstock
Source: Thinkstock

Now that the weather is warming up and the school year will be coming to a close, you’re probably finalizing your summer camp options. If you haven’t made summer camp plans yet, there are many types to choose from, including band, cheer, and baseball.  But did you know there are also money camps? That’s right — you can continue to teach your kids about financial literacy even when they’re having fun at camp. Here are five suggestions to help you get started.

1. Camp Millionaire

Camp Millionaire, offered by Creative Wealth International, is a summer camp program as well as financial education curriculum. Kids learn how to save, invest, and build wealth. The camp also teaches students its 30 creative wealth principles. Camps and workshops are held in California, Virginia, Georgia, and Idaho.  You can find a camp near you, along with the camp schedule, here.  Prices and dates may vary depending on location, so call for details.

The camp also has a three-day workshop for teens called Moving Out, which teaches teenagers what goes into being a financially stable adult. Teens are taught basic life skills such as how to find an apartment, purchase groceries, and maintain a vehicle. Workshop members also learn about money management and wealth building.

2. Moolah U

Moolah U aims to teach children between the ages of 7 and 16 how to develop the skills necessary to gain financial independence. This is accomplished through guiding camp members through the process of starting and running a business. Consequently, teamwork and leadership skills are also encouraged and developed. In addition, Moolah U offers an eight-week after-school program where games and other interactive tools are used to impart spending and investing lessons. Camps are held throughout Austin, Texas.

3. My Life, My Money

My Life, My Money, offered by Spokane Teacher’s Credit Union, is a workshop-style camp for students between the ages of 11 and 14. Camp attendees are given exercises to help strengthen money management skills such as balancing a check book and managing a monthly salary. Students are also given a crash course in managing large purchases, such as a car or home. Camp sessions are held in Spokane, Washington, and are offered free of charge. Parents can register by calling 855-753-0317 or sending an email request to mymoney@stcu.org.

4. Wall Street Summer Camp

Wall Street Summer Camp, offered by Future Investors Club of America, focuses on investor education for students between the ages of 8 and 19. Campers go on field trips to financial districts, play educational video and board games, and hear from guest speakers. The camp is offered in several cities, including New York, Chicago, Nashville, Orlando, Phoenix, and Seattle.

5. Young Americans Center for Financial Education

Young Americans Center for Financial Education hosts week-long camps for students from third through seventh grade.  Some of the courses offered include “Be Your Own Boss,” “Jr. Money Matters,” and “Running Your Own Biz.” Participants are taught about basic concepts in both business and financial management. The cost for participation is $205 per child, per week. Camp sessions are held throughout Colorado. Get additional camp details here.