High Impact Money Management Games for Adults
Are you in search of money management games for adults that will show them how to take control of their finances? If so, this is exactly what you’re looking for. Our diverse resources will inspire you to take action and make a positive difference in the lives of many people.
The NFEC is a financial literacy organization that is independent from investor influence. You will not find any ads on our educational material. Our Curriculum Advisory Board designs engaging lessons that meet core financial education standards. They can be customized to suit your needs. We also offer financial education instructor certification.
Volunteering at a Soup Kitchen Leads to Financial Literacy Education Design
Carl, a volunteer at the local soup kitchen, wanted to help adults get back on their feet by teaching them about personal finance. He made a few contacts at the local community center and got permission to use their facilities as his central hub of operations.
He started by surveying people at the soup kitchen and patrons of the community center about their financial literacy. He discovered that this avenue of influence would certainly help a great deal and the people who needed help knew it.
Learning Outcomes from Money Management Games
Under the guidance of the NFEC, Carl started by defining the learning outcomes of his program. Money Management Games for Adults could take participants all the way to the phase of extended thinking but he didn’t want to get overwhelmed with his first course. He decided that teaching adults the skills and concepts of money management would give his students the impulse they would need to get themselves back on their financial feet. Strategic thinking would be even better, but he didn’t want to shoot too high on his pilot program. The plan was to provide quality money management activities and let the learner establish the pace of the training program.
How to Present Financial Literacy Games for Adults
Carl next tackled the question of how to deliver his course material. He envisioned an open-ended style which was self-paced with advanced based on achievement. Twice per week he would offer live sessions at the community center, in order to provide structure and guide them along the learning process. Carl hoped that the mixture of freedom and guidance would encourage participants to take responsibility for themselves.
Specific Topics of Money Management for Adults
The audience Carl wanted to reach were adults who had largely failed with their personal finances, so they did have some experience managing their money, albeit poorly. They needed to know about saving, debt, budgeting and retirement planning. Other advanced topics would also help certain people, but again, he needed to limit his first class to a something manageable.
An Effective Curriculum for Adult Financial Literacy Education
Carl wanted his course to focus around money management games for adults. They had to be engaging and directly applicable to the students lives. The money management lesson plans for his adult learners had to be impactful and memorable in order to encourage a real-time, measurable improvement in financial attitudes and behavior. A flexible, modular design would allow participants to focus on their individual topics of interest. The course had to meet core financial education standards and incorporate a strong scaffolding which would lead them through a proven system of learning.
Finding an Adult Money Management Instructor
Carl was not ready to get his financial education certification, so he would need to find someone to present the money management games for adults. He wanted someone relatable, who had been down and out like his students. She had to be local and have proven success teaching adults about personal finance. He turned to the NFEC, which helped him find a Certified Financial Education Instructor (CFEI) who met all the criteria. Upon the first meeting, both agreed that including online money management elements could help him expand his vision and provide additional training to those that wanted to study outside of class.
Money Management Games for Adults Prove Successful
The program was a success. Of the 43 people who registered, 38 of them completed the program. 88% success was great news. Even more encouraging, all the students had made positive changes in their financial behavior. Most of them even created their own financial plan, complete with a timeline, to get back on their feet.
Carl was thankful that the NFEC’s financial education programs included pre- and post-assessments as well as other measurements of efficacy. He compiled the data and put it into a presentation he would use to get investor funding and community support to grow his program.
How Far Can Money Management Games for Adults Go?
Carl ceremoniously awarded proof of completion financial certifications he printed out to his students. He instructed them on how to use them to get jobs, the first step toward financial independence. He let them know that the community center would remain open as a meeting area and told them he’d be there for at least 3 hours every week, for further face to face support on their new journey of healthy personal finance.
Carl felt so good about helping these people in such a fundamental way, he vowed to continue his new pursuit. He wanted to reach more people in more communities. With excitement he hadn’t felt in years, he sat back and contemplated how far his newfound passion would lead him.