Image
credit: Money Experience's Personal Finance Program For Young Professionals has
won Bronze Honors in the 2020 International Serious Play Awards
Money
Experience Pro, developed by Money Experience, has
been awarded a bronze medal for its excellence in the 2020 International
Serious Play Awards competition in the Corporate/Vocational Skills category.
Designed specifically for millennials and Gen X in the workforce, Money
Experience Pro is a financial wellness program that demonstrates the relationship
between money and quality of life. Using a simulator, players first set their
priorities for each phase of life and then make a variety of career, personal,
and lifestyle choices – everything from marriage and family to health and
retirement. A graphic novel within the simulator provides emotional contexts
while relatable characters help players identify parallels to their own
decision-making processes and understand how each choice aligns with their
priorities, impacts their quality of life, and influences their finances.
According to the developers, with young people facing unprecedented financial
challenges, it’s important to understand how money works, and
how to make it work for each individual according to their own ambitions and
measures of success. With that in mind, the simulation’s value proposition is
to offer an effective and accessible financial literacy platform that helps players
learn about money, plan their futures, and manage toward their goals:
Money Experience Pro - Personal
Finance for adults and the workplace;
Money Experience Essentials - Personal
Finance for Gen Z and the classroom.
Both products cover the whole arc of life decisions, calculating the
outcomes of every choice, and culminate in detailed summaries of the player’s
projected life and financial outcomes.
Gameplay
During gameplay, the simulator will guide you through life using general
assumptions based on real averages and historical data. Throughout, you can
rank your priorities in life and change them as you go along. This is a key
component to understanding how your decisions affect your quality of life.
Image
credit: Money Experience's Personal Finance Program For Young Professionals
There are 9 chapters and each one revolves around a phase of life, like
going to college or starting a family. You can make choices that are similar to
ones you have made already, or you can make completely different ones and see
how they change different outcomes.
About Money Experience
Money Experience is an innovative
edtech company addressing the need for personal finance education among young
people and adults. Money Experience is headquartered at One Kendall Square,
Cambridge, Massachusetts.