Kids love hearing stories, mine included. Recently, I started to have him help me tell stories. I supply a story fragment and he has to come up with the rest. Not only is it a great way to learn about what he is thinking and how he feels about things, it’s a ton of fun. He’s only four so sometimes he’s just too busy to concentrate. The perfect time for us is driving in the car or at mealtimes when he’s pinned in one place for awhile.
Here’s one we did earlier today:
Once upon a time there was a … penguin.
His name was … Wally
and he liked … trains!
One day Wally the penguin wanted to … go to the movies.
So he called his … mom
And she said … that he couldn’t go because he hadn’t finished his chores
and that made Wally … sad, because he wanted to go to the movie and he couldn’t.
Instead of going to a movie he … ate popcorn at home with his daddy.
The end.
Not prize winning material, but you can see the possibilities. I sometimes feed my four year old a thread of a story I’m working on and see what comes out. Most replies I can’t use because he is being too silly, but sometimes I get a little gem. It makes you think fast, you have to keep up with the prompts while keeping it simple enough for a kid to follow.
What little gems have your kids come up with?
My Literary Quest 
This is a wonderful idea. I wonder what it would be like if the two of you switched positions in the process? I’ll bet it would be fascinating.
Funny you should wonder that, every so often he wants to start the story and have me fill it in. A few sentences in he forgets which part he’s doing and starts telling the whole story.