Computational investing videos for kids

As kids play with and program their robots, they will develop important coding skills and learn how to think like a computer scientist. Ultimately, the Mindstorms app is fun and engaging for kids to learn how to code. Code Combat Code Combat is a great resource for kids who want to learn how to code. The website offers a variety of coding games and puzzles that kids can solve to learn the basics of coding.

In addition, Code Combat also offers tutorials on how to make your own coding games and websites. As a result, kids who use Code Combat will learn how to code and gain valuable experience in creating their own coding projects. Hopscotch Although it may seem like a simple game, hopscotch can provide kids with an introduction to the world of coding. The app Hopscotch offers a visual programming language that allows kids to create their own games and share them with the world.

With Hopscotch, kids can learn programming basics while exercising their creative muscles. The app is designed for kids ages , but it is accessible for kids of all ages. Code Monster Code Monster is a unique educational tool that uses game-based learning to teach kids how to code. The program offers a variety of different coding challenges that kids can complete at their own pace.

As they progress through the levels, they learn new programming concepts and develop problem-solving skills. Code Monster also provides a step-by-step tutorial for each challenge, so kids can see how their code works. The program is designed to be fun and educational, making it an ideal way for kids to learn to code. As our society becomes increasingly dependent on technology and the internet, the demand for experienced coders and developers rises exponentially. Programming is no longer a skill limited to industries in the tech sector.

Education, finance, health, retail—these categories seemingly far removed from technology all have careers requiring a certain level of programming knowledge. Back then, when computers were massive machines that took up half the room, knowing how to work it was a very specific skill set that few people had—and they were okay with that. Coding is the new computer literacy. Many employers and tech recruiters agree that applicants who know even the basics of coding stand out.

Even outside the context of careers and job opportunities, kids who code will find it easier to keep up in a world ruled by AI and technology. Websites, applications, smart devices, smart technology—all things the average person can no longer live without. And they all largely depend on code to function. Many professionals in the UK believe that programming language will eventually become as essential to us as human language is today. Or they may have zero interest in cryptocurrencies. No matter the situation, as part of good parenting, it's your job to help your children understand the complexities of the financial world.

With younger generations factoring cryptocurrency into their retirement plans according to the Investopedia Financial Literacy Survey , understanding cryptocurrency may be extremely important for children. And although some economists may disagree on the longevity of cryptocurrency, it's likely to be around for years to come, and some experts believe that it may overtake spending with cash and credit cards within five to 10 years.

Crypto may be generating a lot of interest from your child. Key Takeaways It's your job to help your children understand the complexities of the financial world, and cryptocurrencies may be generating a lot of interest from your kids. You can help your child research the topic by checking out both reputable and untrustworthy sources, focusing on how to separate reliable information from potential cons.

It's important to communicate to your kids that cryptocurrency can decline in value, making it risky to own. If children have received a solid foundation on how money and currency translate into value and buying power, then they're on their way to understanding crypto. It's around the preteen years, she adds, that children may amp up their requests about crypto and feel that they are ready to use it. The resident crypto expert at the University of Minnesota's Carlson School of Management, accounting professor Vivian Fang , notes that she's years off from teaching her five-year-old son about crypto.

Until then, she's schooling him in the value of money through lessons in earning and losing and working for money. He can also incur losses in the form of a fine issued by his parents, if, for example, he misbehaves at a swimming lesson.

Fang has witnessed what a discerning shopper her son has become. Working from the idea of using his own money, her youngster will either make a purchase or walk away after deciding an item is "too expensive. Let's say your child is ready to jump into crypto.

You can help your kid research the topic by checking out reputable sources, such as Investopedia, which explains in clear terms what cryptocurrency is and the potential risks and benefits. Also, review together social media sites, like YouTube, which is filled with tutorial videos.

Many kids are drawn to TikTok, so don't leave that out, because it can be a teaching opportunity to review its crypto videos together. The site features many videos, with some from disreputable influencers who make wild get-rich-quick claims, punctuated with images of Ferraris and Rolls-Royces parked in front of sleek homes.

By looking into various types of information, you are helping your child separate reliable information from potential cons and become a smarter consumer. What Is Crypto? A cryptocurrency is a decentralized digital currency that relies on cryptography for security. Help your child understand that crypto can be used like fiat , traditional currencies, such as U. The early digital products were easy to replicate, which was an inherent challenge to digital currencies until Bitcoin was introduced with safety measures in place.

Now the use of cryptography and blockchain technology ensures that cryptocurrencies are nearly impossible to counterfeit or double-spend , despite being digital. Blockchain is basically a distributed ledger enforced by a varied network of computers.

No central authority issues cryptocurrencies, which renders them theoretically immune to government interference or manipulation. While some crypto investing requires the trader to be at least 18 years old, others have no age limit. Even with an age requirement, you can also invest for your underage children until they turn Cryptocurrency is like fiat or traditional currency because you can use it to buy items and services; it's different, though, because it's digital only. One of the easiest ways to spend cryptocurrency at retailers and vendors is through gift cards purchased through platforms like Bitrefill.

Brands, Inc. You must create a crypto account where your funds are stored. You can do that through Coinbase , which is a cryptocurrency exchange that offers many currencies and payment methods. You buy crypto with traditional currency using debit cards or bank accounts. Crypto funds are always available any place in the world because they aren't tied to a bank or a government. Cryptocurrency can be safer to use because you don't need to provide personal information to a vendor, lessening the chances of identity theft or fraud.

Ups and downs. Cryptocurrency is volatile, which can be good or bad. The value can increase, meaning you have more in your account. It may not. Not a video game. While the games Roblox and Fortnite use virtual currencies called Robux and V-Bucks, respectively, they are fantasies that hold no monetary value in the real world. When playing, you can lose Robux, but you do not lose real money. Investments in actual cryptocurrency, on the other hand, can generate real and often big losses.

What is a blockchain? A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains are best known for their crucial role in cryptocurrency systems, such as Bitcoin , for maintaining a secure and decentralized record of transactions.

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But, the next time they have an assignment similar to that, they will spend lesser hours solving it. This is because they have recognized a pattern between both assignments and can apply their previous technique to solve the present one. Patterns happen in our everyday life. When kids can recognize that patterns can be found in our everyday routine, then they are one step away from becoming computational thinkers!

Abstraction Abstraction means the process of eliminating irrelevant information to focus only on the important ones. Abstraction helps to narrow the scope of a problem and focus on the important details alone. Abstraction is one of the hardest elements in computational thinking. Even as adults, we sometimes get so carried away with the excitement of solving a problem that we forget to focus on the important things. Pattern generalization is another word for abstraction.

Teaching kids the ability of abstraction in problem-solving will help to increase their time management and focus. They will be detail-oriented; that is, focus on facts and necessary details only. Video games are a good way to teach kids abstraction. The games contain multiple distracting elements enough to keep kids distracted, but they ignore these distractions and focus on the end goal- winning.

An escape room activity is another perfect example for kids to learn abstraction. Escape rooms are equipped with enough props, irrelevant clues, patterns, and details to throw kids off course. Algorithms This is the fourth and final step in computational thinking. The joy of solving a problem is not only in solving it alone but also in helping other people solve it.

Algorithms mean developing a step-by-step guide to solving the problem. Algorithms are important because they help one to arrive at the same conclusion all the time. Teachers can introduce algorithms to kids by giving them a new problem to solve and writing down ALL the steps it takes them to solve the problem.

Then, have them share these steps with their friends. You can also ask other kids to solve the problem using the existing steps. Algorithm builds trust, communication, and visual thinking. Kids will also learn how to translate theories into actionable steps.

Things to Know About Computational Thinking Here are the things you need to know about computational thinking for kids. Computational Thinking improves logical thinking in kids It improves communication among kids Computational thinking is a necessary skill for kids to thrive in their various subjects. Computational thinking is not something kids can learn in one day; parents and teachers need to constantly imbibe it in kids and make it a day-to-day activity for them.

Computational thinking is a lifelong skill that breeds other skills, including teamwork, logical perception, inquisitiveness, and emotional intelligence, among others. What is Computational Thinking Not Computational thinking can mean everything and everything, but computational thinking is not any of these: Computational Thinking is Not Computer Thinking Do not get it mixed up; computational thinking is not the same as computational thinking, because a computer cannot think!

It is a device that does not have the ability to think because it was programmed by humans who think. Computational Thinking is Not Computer skills They are entirely two different concepts. Computer skills refer to the ability of a person to operate a computer. Computational thinking has no relation to computer skills; it is rather the ability of one to think independently and logically. Computational Thinking is Not Coding Again, computational thinking is not coding.

A person who has computational thinking can be a better programmer compared to those who lack it. However, computational thinking is not the ability to code, nor is it affiliated with coding as a whole. What is Computational Thinking? Computational thinking is a problem-solving skill. It is a lifelong skill that will continue to be relevant in their lives.

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