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Apr 10, 2014
Goodwill recently developed financial literacy card game won an EIFLE (Excellence in Financial Literacy Education) award for Instructional Game of the Year by the Institute for Financial Literacy. Now in its eighth year, the EIFLE award was created to acknowledge innovation, dedication, and a strong commitment to advance financial education.
Created by MoneyWorks Manager Jane Drake, the interactive game consists of simple playing cards that challenge players to make choices between needs and wants, and to balance those with “gots” or income. The game also stresses the importance of budgeting for primary needs such as food, housing, clothing, and transportation. In the second-round play, “drat” cards are introduced, representing those unfortunate events that can happen unexpectedly and throw a budget out of balance.
“The game was really developed as a way to generate discussion,” said Drake. “I wanted a fun and engaging ice breaker activity that would introduce the real decisions that have to be made in managing personal finances.”
For more information on the EIFLE award.