According to Chiem, understanding a concept creates a thought chain that takes up less space in a child's brain and allows deep patterns and associations to form that stay on until adulthood. Memorizing, on the other hand, is not how to raise smart kids. It's dependent on short term memory, which is easily emptied and too small.
Instead of creating a list to memorize, try to link information and data to a story, event, anecdote, or the underlying concept that ties all the data together. This helps your child dig up the information in their mind instead of storing it only to regurgitate it for a test.