You may think that your child is too young to learn about inflation, but it's an important concept to understand. Make learning about inflation fun with this simple activity.

Activity

Help your child understand inflation by interviewing those around them.

  • Help your child create a list of items around the house or in the community (milk, bread, movie ticket, etc.).
  • Have your child interview a grandparent and ask how much these items cost when the grandparent was a young child.
  • Have your child ask you the same questions.
  • Then help your child research the cost of these items now.
  • Explain to your child how inflation increases the cost of goods over time.