New Version of Bank On It Teaches Financial Literacy Skills
CPAs have an innate calling to educate the public about their finances. The need for this education has never been greater. A recent online survey conducted by Harris Poll on behalf of the AICPA showed that a staggering 75% of college students acknowledged that their student loan debt would require some sacrifices in their lives after graduation. So how can we help students develop a better understanding of their financial situations prior to attending college, while also setting them on a path to financial success?
To help solve this problem, AICPA’s Start Here, Go Places.® and 360 Degrees of Financial Literacy programs teamed up to launch a new financial literacy version of the Bank On It® game for high school students. Bank On It is a free, online game located at www.bankonitgame.com. The financial literacy version covers topics students need to master to be money-savvy in the real world, such as balancing a checkbook, understanding credit scores and student loans, and even investing in a cool startup company. With game questions reviewed by CPAs across the country, we’ve provided students the opportunity to learn financial management skills in an engaging and positive way.
If you’re a parent of a high school student and searching for new ways to teach financial literacy skills, Bank On It’s financial literacy version is the perfect tool. Have a long car trip coming up and need to entertain your child for hours? This game is just what you need. Your kids can even learn more about the accounting world by playing the original version of the game, reinforcing new and existing accounting fundamentals paired with real, working-world scenarios.
Visit www.bankonitgame.com and sign up to start playing today! With the help of CPAs across the country, we can help students everywhere have a bright financial future.
The 360 Degrees of Financial Literacy is a national volunteer effort of the nation’s CPAs to help Americans understand their personal finances and develop money management skills. It focuses on financial education as a lifelong endeavor. Start Here, Go Places.’ mission is to attract, inspire and engage a diverse pipeline of current and future CPAs by providing supplemental resources to assist educators and engage students in the subject of accounting.
Samantha Delgado, Manager-Communications and Consumer Education, American Institute of CPAs.
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Source: AICPA