A fun aspect to teaching kids, especially young children, is that most have open minds. The fear of failing algebra generally doesn't affect them in the way that it does college students. So, don't let your students sense your fear or intimidation of algebra, before you begin the lesson. Start your class on an optimistic tone, just as you would if discussing your favorite topic. This is your chance to mold the children's minds into believing that algebra is something they can enjoy, rather than something they will fear in the future.
After you have reviewed the different aspects of algebraic connections, the next step is to try to make it fun. Since kids can be hyper, incorporating algebra with something interactive, and something they consider fun, will help them understand algebraic concepts Try doing plenty of visual aids for them: bright and colorful flashcards to remind them about words, or principles that are vital in learning the subject. Let them do skits, where they will be able to use algebraic concepts, such as proper usage of decimals and percentages.
Instead of giving your students the usual worksheets to work on, or having a drawn-out discussion in class, you can try giving them algebra puzzles to solve. Separate your students into two groups. With each question, two students will have to face-off to see who gets the correct answer first. You can base your game play according to any popular game show. If you have access to a computer room, students can play algebra-related games on the Internet.
When you present algebra as something students can relate to, they are more likely to realize its relevance in their lives. You can include math in every activity in class. Consider adding mathematical concepts while role-playing or storytelling or any entertaining activity to subconsciously maximize their learning.