The Solution for Financial Literacy
Your students are no match for seasoned financial pros.
Young adults who enter the world of finance with no training and little information are vulnerable. Experts agree: students need improved financial skills. MoneyU helps level the playing field.
Comparing credit card offers, shopping college loans, buying a first car—one bad financial decision in any of these areas now can cost a young adult tens of thousands of dollars and potentially have an impact on every aspect of their life – including employment.
And as a result, there is a significant push to expand financial literacy. Some examples:
- The Federal Reserve Board Chairman, Ben Bernanke, testified before Congress on May 23, 2006 on, “the importance of financial literacy, both as a source of better decision-making by consumers and as a means of improving the functioning of financial market.”
- The Treasury Department’s Office of Financial Education (OFE) is taking the lead addressing Personal Finance education.
- Increasingly, state Boards of Education are mandating personal financial education as a high school graduation requirement.
- State Treasurers are convening regular meetings to address financial literacy.
Digital Learners. A Better Approach.
Let’s face it, traditional classroom financial training that consists primarily of lecture, reading, practice and testing can lead to short-term yawning with few longer-term, positive results.
MoneyU takes a different approach. We know that young adults like games. Games are a great way to grab a young adult’s attention while still getting across valuable information.
MoneyU uses experiential learning in a format where learners control the pace, direction and depth of study. MoneyU offers a rich learning environment that presents sound content in the most enjoyable way for young people…via the ‘net. By making the most of the medium and using sound instructional design, MoneyU provides a fast path for learning that puts young people on their way to financial success.
Excellent computer-based instruction is expensive to create, prohibiting individual school systems or even individual States from undertaking development, or worse, pushing districts to spend resources creating ineffective instruction.
The bold vision of MoneyU creates exciting content that blends and transcends both the academic educational model and the corporate training model, combining understanding with skills. Broadly distributed costs get the per student price down to levels every school system can afford.