Buying a bicycle

Your child will learn to:

  • become familiar with the ideas of saving and budgeting
  • make a choice based on needs and wants
  • measure how peers and advertising influence his or her buying choices
  • organize a fundraising activity

Activity summary

For children ages 10 to 11

Would your child like to buy a bicycle? Take the opportunity to introduce your child to the ideas of budgeting and making decisions based on needs and wants, and help your child take the first step toward financial autonomy.

Your child is at an age where he or she can make decisions according to needs and wants, save money and follow a set budget.