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Gaming to advance your financial literacy skills

With kids back to their studies, I thought it would be a good idea to introduce new ways for teachers and parents to help develop young people’s financial literacy skills. The following resources incorporate financial literacy into a gaming format, introducing fun and interactivity into a topic young people sometimes find dull or boring. 

The Cranial Cash Clash 

This online learning tool from the Investor Education Fund pits your financial knowledge against the world.  In each quiz, you have 30 seconds to answer a multiple-choice question, and get only one guess. The faster you respond, the more points you earn.  You can ask for clues, freeze the timer temporarily, or remove incorrect questions using “brain boosters”. You can share your score on Facebook or Twitter, and challenge others around the world. There are 10 episodes to choose from, with the latest being the Family Financial Faceoff.  The Cranial Cash Clash is available online, or as an app for iOS or Android devices. 

Financial soccer 

This online game asks you to answer multiple-choice questions to advance down the field with the ball to try to score a goal. There are single player and head-to-head options, with different difficulty levels based three age categories.   The game also features a leaderboard that includes the top-20 countries in the world. Canada sits in 13th place as of this blog post.  Giving it a try, winning some games, and scoring some goals could boost our country’s ranking. Go for it! 

Financial football 

Like financial soccer, financial football is an online game that requires players to answer multiple-choice questions to move their team down the field towards the end zone. The harder the question you choose to answer, the more yardage you can gain on a play. If you answer a question incorrectly, the opposition’s defence has a chance to answer, which can result in you losing yards, or worse, the football. Your offence has a range of plays to choose from to score. There are two categories to choose from – high school level and college level.  One thing to remember is that this is a U.S.-based game, so there are questions that will probably stump Canadians. 

If you know of any more financial games or activities that people would like please leave a comment below.