School Holiday: Fun Board Games to Build Money-Saving Habits

family playing board games together

With the re-introduction of Phase 2 and stricter safe distancing measures (not to mention the dreaded HBL!), everyone can really use a bit of fun right about now. But there’s only so many apps and Netflix series one can tolerate before things get repetitive. May we suggest some of the best family-friendly board games to play?

Yes, money is hard to earn, especially with the current situation. While you’re trying to cope with everything at home, why not kill plenty of birds with one stone by playing these board games? Keep the kids occupied, teach them the importance of hard earned money and improve family bonding time. Choose your new favourite board game, below. A summary of each board game is available at the end.

Ticket to Ride

Age range 8+
No. of players 2 – 5
Time required At least 1 hr
Difficulty
Price ~S$99

Ticket to Ride is a brilliant game that is sure to entertain everyone, young and old, in your family! The rules are simple: score points by creating train routes. It’s competitive enough to bring a bucketload of fun for those who like a challenge, yet easy enough to avoid being taxing on your brain. Ticket to Ride is a fun puzzle game that we cannot recommend enough for your next board games night!

The Allowance Game

Age range 5 – 11
No. of players 2 – 4
Time required At least 1 hr
Difficulty
Price ~S$68

In the Allowance Game, children do chores to earn their keep, and they can spend the money as they like. This fast-paced activity game shall teach your little one to do basic math, make change and identify money values! Esepcially suitable for those with children who are entering or just entered primary school!

Cashflow

Age range 6+
No. of players 2-6
Time required At least 1 hr
Difficulty
Price ~S$115

Ever threatened to cut the pocket money of your child? You’re not alone when it comes to dealing with children who squander their pocket money on fancy-looking erasers at the school’s bookstore during recess! Instead of painstakingly teaching them to work hard for money, how about playing Cashflow to learn how to make money work for you?

Wongamania

Age range 8+
No. of players 2-6
Time required 30 min
Difficulty
Price From S$10 (depends on package)

Described as the Scrabble of personal finance, this fast-paced game is based in a fictional country of Banana Republic. Your task is to accumulate enough money to retire comfortably. Use characters like Debtzilla, Inflationsaurus and Taxopus to destabilise the economy and save your own skin.

This board game also teaches the important role of politics in the economy of the cut-throat world of Wongamania, just like in real life. You can do-it-yourself and print out Wongamania or purchase the real thing, both on their Kickstarter.

The Game of Life

Age range 8+
No. of players 2-4
Time required 1-2 hrs
Difficulty level
Price S$30

As parents, we’d want to be able to teach our childrean all the important lessons in life. So why not put them through Life? Created back in the 1860s, The Game of Life, or simply known as Life, is a game that simulates a person’s life journey.

You need to manage your money as you go through school, get a job, get married, have children and retire. Teach your child everything they need to know to survive in Life. Buy it here.

Pay Day

Age range 8+
No. of players 2-4
Time required 1-2 hrs
Difficulty level ⭐⭐
Price S$49.90

You know that exciting feeling of receving a paycheck – then paying the monthly expenses and making an investment or two – before enjoying whatever cash you have left? Let the children learn this so they know what to expect in the future.

Designed like a calendar page, players go through this game accumulating daily bills and expenses, winning lottery, and making insurance claims, before receiving their salary at the end of the month. Hence, the name Pay Day. The one with the most money at the end is the winner. Pay Day can be purchased from most online shops.

Monopoly: Cheaters Edition

Age range 8+
No. of players 2-6
Time required 2 hrs
Difficulty level ⭐⭐
Price S$39.90

A study by Hasbro shows that almost 50% of Monopoly players cheat in one way or another. Introducing Monopoly: Cheaters Edition where the original rules can be bent, money can be lent and any under-the-table deals are encouraged. While the original Monopoly teaches you the real monopolisation of wealth, Monopoly: Cheaters Editions reflects more on reality. Teach your child the ins and outs of money-making, but also have fun breaking the rules!

7 Wonders

Age range 13+
No. of players 2-7
Time required 30 min per round
Difficulty level ⭐⭐⭐
Price S$30

Ever wished you could rule the world? Want your child to learn management and leadership skills? In 7 Wonders, you become a leader of one of the seven cities in an ancient civilisation. Gather resources, develop the city, and strengthen your military power to overwhelm the opponents.

Its lightning-quick gameplay keeps you engaged round after round. So trade your child’s smartphone apps and online cartoons with this exciting fast-paced game available at most online shops.

Made your decision yet? Compare and decide

Here’s the comparision summary for all the board games we discussed above. Which one’s your favourite?

Ticket To Ride Allowance Game Cashflow Wongamania The Game of Life Pay Day Monopoly: Cheaters Edition 7 Wonders
Age 8+ 5-11 6+ 8+ 8+ 8+ 8+ 13+
Players 2-5 2-4 2-6 2-6 2-4 2-4 2-6 2-7
Time 1-2 hrs 1-2 hrs 1-2 hrs 30 min 1-2 hrs 1-2 hrs 2 hrs 30 min
Difficulty ⭐⭐ ⭐⭐ ⭐⭐⭐
Price ~$99 ~$68 ~S$115 From S$10 S$30 S$49.90 S$39.90 S$30

Don’t get bored at homefamily playing board games together

As one of the leading providers for Insurance Savings Plans in Singapore, we hope these board games can spark quality family time and educate you and your loved ones on the importance of savings. With rising inflation eating into your hard-earned savings, it’s time to explore simple yet effective options that hedge against inflation. To put your newfound knowledge of savings to good use, check out Tiq Easy Save for guaranteed 2% p.a. on your savings for the first 6 years.

Aside from above, you may consider an endowment plan. Endowment plans are often offered with maturity periods of 5 years, 10 years or 15 years depending on the policy. However, Tiq 3-Year Endowment Plan offers 2.3% p.a. high guaranteed returns after 3 years, so you can get your returns sooner and reach your goals quicker! If anything happens to the life insured within the maturity period, their beneficiaries will get financial relief. This is because Tiq 3-Year Endowment Plan also provides life protection at 101% of the single premium paid. Get to know 3 important things about endowment plans before buying. Game on!

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Information is accurate as of 13 July 2021. This policy is underwritten by Etiqa Insurance Pte. Ltd. (Company Reg. No. 201331905K). Protected up to specified limits by SDIC. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid. You should seek advice from a financial adviser before deciding to purchase the policy. If you choose not to seek advice, you should consider if the policy is suitable for you. This advertisement has not been reviewed by the Monetary Authority of Singapore.

Tiq by Etiqa Insurance Pte. Ltd.

A digital insurance channel that embraces changes to provide simple and convenient protection, Tiq’s mission is to make insurance transparent and accessible, inspiring you today to be prepared for life’s surprises and inevitabilities, while empowering you to “Live Unlimited” and take control of your tomorrow.

With a shared vision to change the paradigm of insurance and reshape customer experience, Etiqa created the strong foundation for Tiq. Because life never stops changing, Etiqa never stops progressing. A licensed life and general insurance company registered in the Republic of Singapore and regulated by the Monetary Authority of Singapore, Etiqa is governed by the Insurance Act and has been providing insurance solutions since 1961. It is 69% owned by Maybank, Southeast Asia’s fourth largest banking group, with more than 22 million customers in 20 countries; and 31% owned by Ageas, an international insurance group with 33 million customers across 16 countries.

Discover the full range of Tiq online insurance plans here.

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