Financial literacy is a crucial skill in today’s fast-paced world. Nevertheless, teaching financial concepts and navigating a volatile market can feel overwhelming. Educational institutions, including schools and learning centers, can develop programs to help students of all ages grasp the fundamentals of financial management.
Whether you’re an educator, HR professional, or business leader, using engaging, interactive financial training methods can equip students to handle real-life financial situations, such as salary loans in the Philippines, that may impact them for years. To enhance your financial literacy training, we’ve compiled a list of 5 + 1 top financial games catering to various learners this year.
5 +1 Financial Literacy Games to Jumpstart Learning
Financial literacy games offer a fun and practical approach for students of all ages to learn about financial health and stability. Plus, gamification makes financial concepts more memorable!
In this guide, we’ve categorized games into two groups: those for adults and those for younger students in K-12 or high school. Whether you’re teaching adults or children, this list will help you find a suitable platform for your audience.
Financial Literacy Games for Adults
Games designed for adults introduce essential financial concepts and can encourage lifestyle changes for healthier financial futures. According to Market Watch, only 57% of Americans are financially literate, underscoring the need for adult financial education.
If you work with adult learners or are interested in exploring new programs yourself, consider these financial game options.
FDIC Money Smart
The FDIC Money Smart program, developed by the Federal Deposit Insurance Corporation (FDIC), offers comprehensive financial education. It provides educators and students with interactive resources, including quizzes and games, to enhance financial literacy.
Participants learn about borrowing, earning, protecting, and saving money for retirement. The program includes assessments to gauge financial knowledge, asking, “How Money Smart Are You?” Additionally, it offers resources for teaching children financial literacy and opportunities to join the FDIC’s Money Smart Alliance.
Financial Football
Financial Football, created by Visa, is an engaging game that combines the thrill of football with financial education. Players answer financial questions to progress down the field and score “financial” touchdowns. This interactive tool is perfect for adults looking to refresh their financial knowledge while enjoying sports-themed challenges.
Time for Payback
Time for Payback is a game that simulates the financial decisions required in managing college life and beyond. Players make choices regarding student loans, part-time jobs, and living expenses to aim for graduation without excessive debt. This game is ideal for young adults preparing for life after college.
Financial Literacy Games for High School Students (K-12)
As economic complexities grow, understanding financial principles from an early age is crucial for future success. This is why more civic organizations, including the United Way, are advocating for youth financial programs starting in elementary school.
Banzai
Banzai is an interactive online platform offering practical financial scenarios to high school students. It helps learners grasp budgeting, saving, and managing unexpected expenses through engaging simulations.
Designed for three different age groups, the activities teach students money management and decision-making skills. Additionally, educators receive free printed workbooks that complement each financial literacy course.
EverFi
EverFi provides a comprehensive suite of digital courses covering various financial topics. From basic budgeting to investing, this platform uses videos, animations, and interactive activities to foster student engagement. EverFi offers self-paced courses for elementary, middle, and high school students, with content tailored to age and concept mastery. It’s an effective way to transition students from simple to complex financial topics according to their maturity.
Nearpod
Nearpod is an interactive learning platform that combines lessons with real-time assessments and interactive experiences. Its financial literacy options help educators teach essential topics like credit, taxes, and budgeting, making it ideal for high school learners. Nearpod delivers open-ended responses, quizzes, polls, and videos with reflective questions, enhancing the learning process.
