Fin. ed.: There’s an app for that from Pa. foundation
HARRISBURG, Pa. (1/12/16)--Credit unions in Pennsylvania can now offer financial education via a smartphone app thanks to a partnership between the Pennsylvania Credit Union Foundation and a game developer.
After students participate in financial reality fairs in the state, the foundation will provide students with the game “Thrive ‘n’ Shine,” produced by MindBlown Labs (Life is a Highway Jan. 11).
The mobile and Web-based strategy and simulation game is geared towards teens and young adults, and delivers education in real money-management skills such as budgeting, saving, calculating and paying taxes, and managing debt.
Teachers can monitor the progress of their students’ activity on the game, which requires participants to balance the tolls of working, playing, eating and resting. Levels become more complex as students advance.
“This is a win for the students, as they can reinforce what was learned during the Financial Reality Fair and then advance their financial skills,” said Kathleen Fey, foundation executive director. “It’s a win for the credit unions because it will position them as leaders in offering the latest in financial education through technology.”
Credit unions that host reality fairs will be able to offer the game at no cost. Additionally, credit unions can pay a small, asset-size-based fee to place their logos on the app alongside that of the foundation.