An Easier, More Fun Way To Learn About Money
It’s no fun learning about money in the “school of hard knocks”, but it may not be much more fun learning about the subject in a lecture or a book. In fact, it might be downright boring. For most folks, facts about money, banks, credit cards and like don’t just jump off the pages of a book and grab their attention. They don’t say, “Wow! Am I ever glad I learned that financial fact! That’s so cool! What a life saver!”
So, how to make a potentially dull subject – personal finance – fun and exciting? Most educational materials present a lot of content first, and then test comprehension with follow-up questions. This standard, didactic approach tends to put the reader in a passive position.
Seeking to keep the reader more alert and engaged, this book does the opposite. It puts the question first and then follows up with the correct answer(s) and an explanation. This format could be called “guess and learn”, as often the reader will have to offer their best guess as they don’t know the right answer. When a reader chooses a correct answer to a challenging question, they get an immediate charge out of being right and their knowledge is reinforced. When they don’t answer correctly, they still enjoy learning something new about money. This format is similar to many popular TV game shows.
A special feature of the book is that it can also be used to play a group game. As with TV quiz games, participants enjoy the excitement of competing with each other and the pleasure of sometimes winning. In this lively context, learning is inevitable (even if no one wins a million dollars).
Readers can work their way through the book one chapter at a time or they can use the table of contents or index to zero in on a topic they would like to learn more about. In some instances, they may find they know more than they realized; in others, they may find they know less. But, since this is not a final exam, there should be no stress and hopefully, some fun.
This book contains quiz questions arranged in five levels – $5, $10, $20, $50, and $100. Generally, the higher the dollar level, the more difficult the question. For each level, this book presents quiz questions on odd-numbered pages and correct answers and relevant content on even-numbered pages. Players keep track of their winnings (“game dollars”) in a quiz game score card.
The quiz questions are based on the National Standards in K-12 Personal Finance Education (published by the Jump$tart Coalition for Personal Financial Literacy – jumpstart.org) and Money As You Grow – 20 Things Kids Need to Know to Live Financially Smart Lives (published by the President’s Advisory Council on Financial Capability – moneyasyougrow.org). These learning guides provide a good starting point for young people (and adults) seeking to increase their understanding of the world of money.