New
game teaches students financial literacy
A new way
of teaching financial literacy in schools is being launched
in Auckland on Thursday.
The
inaugural secondary schools NZ Investment Game competition
is being hosted by Massey University. Six schools from the
North Shore will be competing for top player and top schools
awards.
The
NZ Investment Game is the brainchild of investment writer
Frank Newman who developed the game to educate people about
financial management in an interactive and engaging way.
“The
investment game compresses years of investment activity into
minutes. That
makes it very fast and exciting and players learn a lifetime
of investment experience within a few hours. It also means
they can learn from their mistakes without putting their own
savings at risk!”
The
game combines the traditional board game approach with the
sophistication of a software package that simulates the
investment markets. Players apply for jobs to increase their
income, learn how to save, and how to invest those savings
in shares, property, and bank deposits.
“It’s
just like real time investing”, says Frank Newman. “….but more exciting. Students love it – they learn while having
heaps of fun.”
Frank would like to see the
game being played by senior students in schools around the
country.
“It’s
a brilliant way to teach financial literacy, and given the
widespread concerns about the public’s lack of
understanding about money matters, this game is an excellent
way to bridge the gap”, he said.
The
Investment Game was judged best New Game of the Year 2009 by
the NZ Games Association, and has received rave reviews with
one reviewer saying it was far more challenging and engaging
than Monopoly.
Where:
Massey University, Albany Campus.
When: Thursday 1st
July 2010, from 9am to 3.30pm.
For
details contact:
Frank
Newman, Ph 09 4343836 or 021 718 478, email frank@newman.co.nz |