As young adults approach graduation, they may be eager to develop solid financial habits to be carried with them throughout their lives. However, personal finance is not often taught in school unless it is a part of an elective or their chosen degree. As a result, teenagers could be missing out on important aspects of investing, budgeting, and saving money, which can affect their financial futures tremendously.
In order to help high school students get a grasp on personal finance, there are various interactive personal finance games available online. These games are specifically designed to engage and educate young adults about how to navigate the complex world of personal finance. Here are five of the top personal finance games for high school students:
1. Financial Football
Developed by Visa, Financial Football is a game that puts high school students in the position of an NFL team. The game is timed in a way to test players’ financial knowledge in a fun and interactive way. The game includes quizzes on personal finance topics such as money management, saving, and investing. Each quiz answer allows the player to advance their team down the field. The game is free to play and can be found online.
2. Gen i Revolution
This game was developed by the Council for Economic Education to teach personal finance to students in an interactive way. Players are asked to manage a budget, pay rent, make investments, and manage credit card debt. Gen i Revolution includes fifteen missions that gradually get more difficult as the player progresses. This game is a great resource for high school students who want a comprehensive understanding of personal finance management.
3. Financial Fitness for Life: Personal Finance Game
The National Endowment for Financial Education developed this game, which is ideal for students who require a more hands-on approach to learning finance. Teachers may use this game as a teaching tool in the classroom and can also be played online. Financial Fitness for Life: Personal Finance Game allows players to create their own personal financial plans and allocate their funds to various expenses including transportation, housing, and utilities.
4. The Game of Life
The Game of Life, originally created by Milton Bradley, is an old fashioned classic board game that has been revamped to teach students about personal finances. The game attempts to cover all aspects of personal finance, including budgeting, planning for the future, and managing debt. Players spin a wheel to move around the board, Landing on various spaces that prompt financial decisions, such as choosing whether to go to college or directly enter the workforce.
5. The Stock Market Game
The Stock Market Game (SMG), developed by the Securities Industry and Financial Markets Association Foundation for Investor Education, is a game that educates students on the stock market and investment management. Through SMG, students select a portfolio of stocks and manage it in a simulated market. This game is ideal for high school students who are passionate about investing and are interested in learning about financial decision-making.
In conclusion, personal finance games can be an engaging and fun way for high school students to learn about personal finance management. With proper guidance and encouragement, these games can help young adults develop valuable financial habits that will help them make the best financial choices in their future lives.
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