when I take the little ones out I use 3" pumpkinseed Power Bait grubs on a jighead. I cruise in around 4-8 feet of water and drift around. The bobber and worm deal will certainly work, but I think the kids have more fun being able to wing their line out there and reel it in.

Those pumpkinseed grubs for some reason catch a boatload of panfish. You can even run into a nice smallie if you're not careful

Then watch the look on the kids face.