Through independent research and innovation, the Filene Research Institute explores issues vital to the future of credit unions and consumer finance.


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  1. Finally, financial literacy that’s effective AND fun

    Celebritycalamity

    Financial literacy is boring. Right?

    Only sometimes. Our friends at the Doorways to Dreams (D2D) Fund have been working for quite a while on a flash-based game aimed at teaching financial literacy to women. They’re not sexist, I promise; they just know that when women, who make most of a household’s purchasing decisions, understand basic concepts, everybody wins.

    The game is called Celebrity Calamity, and it gets through tricky subjects like universal default and introductory APRs, while forcing you, the manager of a budding ingenue’s finances, to make quick choices between buying what they want and keeping them out of debt.

    To attend a Webinar about the game and about creating interactive learning experiences, read on. If you just want to play with a celebrity’s money, click here

    Building Better Learning Games: A Free Webinar Leveraging Game Design and User Testing for Results

    Thursday, April 9. 1 – 2:30 p.m. CST

    Space is limited. Register for webinar here

    Learning games have created a huge buzz in the training industry, promising a motivating and fun learning environment. But, do these games lead to better learning?

    During this webinar, the Doorways to Dreams Fund (D2D), Enspire Learning, and the Skillpoint Alliance will discuss the development of the learning game, “Celebrity Calamity.” While managing the finances of spendthrift celebrity, this new game teaches consumers the basics of credit and debit cards. The game needed to be effective and fun to overcome the perception that personal finance education can be difficult, scary, and boring. The preliminary results from experience and efficacy testing show:
    • 50-70% improvement in financial knowledge
    • 15-30% confidence increase in key areas
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Comments

2

  1. I checked out the game and liked it a lot. I agree that it isn’t sexist, but instead teaches you in an entertaining way how to be financially responsible. I also saw that they’re working on a game that focuses on personal budgeting – can’t wait to see that one. :)

    I’m glad I came across this post. I’m definitely going to share it on Banktastic. Thanks!

  2. That’s a great way of learning basic financial concepts. Learning games have the future.

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