A new online video game is a fun new way to help teach young people about earning and spending. It's called "Celebrity Calamity."
In this casual video game, players become the financial manager for up and coming celebrities--Alice Albudget, Buster Buyin, and Missy Moolah--who spend beyond their means.
Players must effectively use a bank account, debit card, and credit card to be successful. While focused on fun, the game's explicit learning objectives include:
* Paying more than the minimum credit card payment;
* Minimizing credit card finance charges;
* Avoiding all fees including bank overdraft, credit card late payment, and credit card over-limit; and
* Making good annual percentage rate (APR) choices.
The game was created by the Doorways to Dreams (2D) Fund. The organization includes credit union partners to expand access to financial services, especially asset building opportunities, for low-income families by creating, testing and deploying innovative financial products and services.
If you want to play with a celebrity's money (like Buster Buyin, left), click here.