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Child's Play

Forget Monopoly and the game of Life. Financial advisers to the well-to-do are offering board games and other ideas to parents that are designed to help kids understand what it means to have money.

Unlike traditional games, these offerings explore topics such as prenuptial agreements, lawsuits, insurance and investing. And, according to the Wall Street Journal, some advisers, like Serve Barimo at GenSpring, say parents should also encourage charitable giving by letting teens have a small amount—$1,000—to give to an organization of their choice while thinking about why they want to give and what impact their choice will have.

Teaching kids about saving and having money is definitely important, but are these games too serious for younger players? Tell us what you think! [Wall Street Journal]

Posted: 4/2/08