Games that teach finance
In a new game, Celebrity Calamity, individuals learn how to handle their finances. What makes it especially interesting is that it is aimed at an unusual group of individuals who we don’t usually think of as game players - lower income women, especially single mothers. It turns out that games can make a big difference, as summarized here: players “showed a 15-30% increase in confidence in their financial skills, and a 55-70% improvement in knowledge of concepts like credit limits, credit vs. debit, APR, and finance charges.” The game is made by Enspire Learning and the D2D Fund, and, in the interest of disclosure, I have been an advisor to the project.
