Check out these students talk about what they’ve learned through the Stock Market Experience developed by the Colorado Council for Economic Education!
In his Time Moneyland column, Dan Kadlec raises an interesting point about financial education–that too many resources scattered in different places may in fact be overwhelming. Which is why standardization is key–like the Council for Economic Education’s new Financial Literacy Standards that “transcend state borders.” Read the full article here for Dan’s perspective.
And if you have a subscription to the OC Register, you can click here to read the full article.
“Your kids may not listen to you when it comes to managing money, but they might give saving and spending lessons a shot if they come packaged in a mobile game with flashy graphics and an awesome avatar. Why do you need an app for your kids’ financial education? Well for starters, they’re probably not learning these concepts in school, according to the Council for Economic Education’s most recent Survey of the States. As of 2011, only 13 states required high school students to take a personal finance course, or have personal finance included in an economics course.”
“If you want your child to be better prepared, here are a few digital resources to get you started.
GeniRevolution.org. CEE, which helps teachers develop economic and financial lessons, this week unveiled a free financial game site for middle and high school students that’s available for play online, on Facebook or on a tablet.
“Students today are constantly plugged in, using mobile, digital and social media for just about every aspect of their lives,” said Nan Morrison, CEO and president of CEE. “Nobody wants to sit and read stuff from a book.” Furthermore, she said, the most effective teaching happens when kids have to think and make a decision, such as in a role-playing game.
In Gen I Revolution, players go head-to-head with the “Murktide,” which threatens to spread false information about finance. Players must answer questions and use strategic thinking and special tools to complete missions that beat back the Murktide and win back control of the United States. The site also includes “Beyond the Mission,” an interactive graphic novel, where players must deal with shadowy secret operatives and advise others on saving and investment to receive badges that they (or their team) can post on a Facebook wall.’