Mad City MoneyTM gives youth a taste of the real world - complete with occupation, salary, spouse, student loan debt, credit card debt, and medical insurance payments. This product is offered in two formats: a two hour hands-on simulation or a workshop designed for classroom delivery.
Mad City Money is approved as a financial education resource for students by the Jump$tart Coalition Clearinghouse, based on the National Standards in K-12 Personal Finance Education.
High school students take on the role of an adult in futuristic Mad City. They're given jobs, income, a family, and debt. The challenge? Visit merchants to select housing, transportation, food, household necessities, clothing, day care, and other wants and needs while building a budget. The credit union has an office in town, too.
Mad City Money allows participants to make mistakes - and suffer the consequences of their decisions - in a realistic, but safe, environment. Most participants are surprised to learn "I can't have a big house and a new truck on my salary and still pay for day care and groceries.″ Once the shock wears off, they reevaluate choices and manage their money effectively.
Are you curious about how and why to host this simulation?
Click here to see how Great Lakes Credit Union made an impact in their community with Mad City Money.
Also, check out the Mad City Money Events store with everything from T-shirts to pens for hosting successful simulations.