Online Personal Finance games and interactive activities

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Online Personal Finance Games and Interactive Activities

Episode 59: Online Personal Finance games and interactive activities

Online personal finance games and interactive activities give teens the opportunity to practice their financial literacy skills. Here are the websites mentioned in this episode:

1. Online Insurance Games offers 2 games – one for home insurance and one for auto insurance. For both, you play for 30 virtual days and different events happen each day. Your decisions at the start of the game are important – try to make it through a month and have money in the bank at the end.

2. Stockmarket Simulations

How the Market Works is a free game you play as an individual. The Stock Market Game is played as a team against other schools in your area. It has a small fee associated with it. Both utilize the real prices on the stock market and students get a good idea of what it is like to put savings into stocks.

3. Payback game

The Payback game challenges players to attend university an not get into too much debt – or fail their exams. You learn that it isn’t easy to pay for college!. The game seems simple, but it isn’t easy to win.

4. Budget Challenge

The Budget Challenge costs $25 and students play over a number of weeks. Students compete against other students all over the US and have to manage a budget and pay bills on time during the period. At the start, they have to choose the type of bank account etc they want and these choices impact the rest of the game. It’s a good way to let teens understand what “adulting” is like. Parents will have to sign up as the teacher and that gives them access to teaching resources. Students take quizzes throughout the game which earns them points and checks that they understand the concepts.

These online games and simulations are used in sponsor FundaFunda Academy’s Personal Finance class so if you don’t want to go to the hassle of creating your own curriculum or adding these ideas into a curriculum you purchase, then check out their online class!

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Online Personal Finance Games and Interactive Activities #homeschoolpersonalfinance #personalfinancegames #homeschoolpodcast

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