Did you learn about handling money when you were young? Do you teach your own kids to be financially savvy? Probably not. The sad fact is we do not teach financial education in our schools and even in our homes. No wonder most Filipinos have not achieved financial freedom. Consider these alarming statistics:
- Only 2 out of 10 Filipino households have a bank deposit account
- 40% of those who save keep their money at home
- Less than 1% own stocks, bonds, mutual funds, or government securities
- 43.8% spend more than their income and 51.5% spend as much as their income
- The average emergency savings is only P200
- Their median savings deposit balance is only P6,875
- 33% are worried about funding their children’s education
- 82% are worried about the security of their income
- The annual median household income is only P108,000
- 43% earn a salary from their job, 40% from a business, and the rest from financial assistance
- Only 1.14% have life insurance
- 3 in 10 household members have health insurance, mainly from PhilHealth
- 4% have credit cards
- Around 45% do not pay their credit cards in full
- About 15% of credit card receivables are overdue
- 43% have retirement plans, mostly from SSS or GSIS and only 6% from private companies
- 84 percent have no formal financial plan
- Just 30% are confident they can meet their financial goals
- 8 out of 10 middle class Filipinos believe they face a bleak retirement
Do you want your children to make these financial mistakes? Of course not! But we don’t teach them about money at home or in school. And when we do, it’s often boring to them.
What if there’s a better way — a fun yet effective way — of teaching your kids about money? There is! It’s called The Money Game®!
Featured on Fox News, The Wall Street Journal, Today, DailyFinance.com, LearnVest, among others, The Money Game® is a financial education game where the room is the board, the students are the pieces and the lessons last a lifetime. The Money Game® is the creation of Creative Wealth International and Elisabeth Donati.
The main objective of The Money Game® is to provide a stimulating, fun-filled, learning environment where kids can feel safe exploring and learning the various principles, information, and skills needed to create a financially successful and responsible life.
The goal of The Money Game® is to create a generation of adults who are responsible, resourceful and self-reliant. By providing a foundation of financial information and experience, we are encouraging the next generation to think differently about money and investing than previous generations.
The Money Game® promotes financial literacy as an essential life skill and aims to empower individuals to become financially free and to recognize the value in having the means to help others.
What Your Kids Will Learn
- The basic financial principles financially free people learn and use, like pay yourself first, make money work for you, and 24 others!
- How to use money as a tool to help them reach their dreams, and help other people reach theirs
- Why keeping agreements is critical in both their business and personal lives
- The mental and physical steps to setting and reaching, short-term and long-term goals
- How to think about money, abundance, and wealth in ways that support their goals
- How much money they waste on useless junk
- Why and how to create passive income streams so they can eventually work because they want to, not because they have to
- Why giving back and doing good with some of their money is critical to having enough of it in the first place
- Think differently about money and wealth so they could create the fantastic lives they dream sooner rather than later
- Teach kids to question why they were making the financial decisions they were making…not just to do things because others were doing them or someone said they should
- Teach kids to say, “I wonder what business I can start, or service I can provide to make my own money?”
- Think about how to make the world a better place while making money at the same time.
- Have kids realize that financial freedom is their responsibility so they wouldn’t grow up dependent on their parents, their future children, or the government
There is no better way to learn than by doing. Playing The Money Game® is a revolutionary new way to teach financial education to anyone needing the basics that most of us didn’t learn at home, or at school.
The Money Game® uses a very active style of teaching called accelerated learning. In simple terms, we teach visually, auditorily and kinesthetically. For kids to really understand and remember the information, the program had to be activity-based, interactive, experiential, a whole lot of fun, and relevant.
Participants do more than listen to the lessons. They act the lessons out.
- They role-play, have contests, play games that teach financial lessons
- They learn through stories and music to enhance the lessons
- Participants receive moolah for participating
- They have a lot of fun learning what may be the most important lessons in life
- Participants experience how money works in real life
- They repeat important phrases over and over again so remembering them is easy (they rarely take notes!)
No boring lectures, no note-taking, just experiential learning. With The Money Game®, the program is action-packed from start to finish!
There are already great financial board games out there like Monopoly, Cash Flow for Kids, Money and a few more. But with the The Money Game®, the kids are the pieces! They move around the room (aka the board) using their income as they would in real life. The lessons are so real that it’s impossible they will not get them.
The simple financial principles and habits that The Money Game® teaches are the same time-tested financial principles and habits that most wealthy people use to get wealthy and stay wealthy, and that most of us didn’t learn when we were young. Financial principles like:
- Pay yourself first
- Financial freedom is your choice
- Save early, save often
- Tell your money where to go, don’t ask where it went
- Money is a tool to reach your dreams
- Good debt vs. bad debt
- The power of compounding
- It’s not about how much money, it’s about how much you keep
- Assets feed you, liabilities eat you
- Don’t put all your financial eggs in one basket
- Financial freedom is about developing the right habits
- Make money grow by making it work for you
Schedule and Venues
The Money Game® is coming this summer! This is open to kids age 10 to 12 and teens 13 and up.
- May 28, 2014, 10am-4pm (final schedule)
- Ortigas Foundation Library, 2nd Floor, of Ortigas Building, Ortigas corner Meralco Avenues, Ortigas Center 1605
Do you want us to bring Money Game® in your subdivision, condominium, or school? Just contact us!
Workshop Fee
- Regular Rate: P5,000 (VAT inclusive)
- Promo Rate: P3,500 (VAT inclusive) – enter coupon code TMG30 during registration
- Additional Child Promo: P3,000 (VAT inclusive) – enter coupon code TMG40 during registration
- Note: please register each child separately
THIS IS A PAST EVENT. REGISTRATION IS CLOSED. CHECK OUT OUR UPCOMING EVENTS.