Money Mavericks Product Details
Money Mavericks was developed by a team of accredited financial educators and is trusted by parents, teachers, and financial coaches across the country. Here is a glimpse at some of the effective content will help to shape the financial future of your child.
Money Mavericks Game
Through this role-playing game designed for PC and Mac, teens will experience real-world simulations that improve their ability to manage finances. The game begins by customizing a character and their life-values and then beginning their adult life as a teenager seeking their first job. The player advances through 66 scenarios and each one delivers content in a fun (and oftentimes funny) way. The player is faced with real-world decisions that impacts their character’s happiness, exactly how our real-life financial decisions impact our short and long term happiness. For example, purchasing that flashy red car that is just a little outside of the player's budget can have an immediate boost to the character's happiness, but over time, that happiness will turn negative as they fall behind on payments and begin to stress about money.
In the Money Mavericks game, your teen will learn:
Happiness - A clear understanding of what they are motivated by in the short and long term
Income - How to project and plan for upcoming income, even if it’s irregular
Spending - Where they want each future dollar to go, in order to achieve maximum happiness. These include: Fixed expenses, Discretionary expenses, Short term savings, Long term savings, and Debt reduction
Control - The game provides various opportunities to show them how to follow-through and maintain control of impulse spending.
Surprises - Life happens and there are several teaching moments where your child will have to adjust their plan, based on emergencies, new priorities, and temptations to spend. This exposure to situations to which they’ll be able to relate will plant the seed for how to manage curve balls when they arise in real life.
Your child is exposed to entrepreneurship, where the player has the opportunity to start a blogging business based on something they are passionate about. The focus isn’t on writing, but rather helping them connect the idea of generating income by focusing their talents where their passion lie. The game helps the player learn the elements of a business, how they relate to personal finances and balance with his life goals. Concepts they will learn include but aren’t limited to:
- Setting a business budget
- Juggling work, life, and business time
- Marketing Opportunity Cost
- Irregular Income
- Scaling a Business
There are 66 scenarios that include: getting a first job, paying taxes, buying a car, managing a budget plan, and building a long term retirement plan. You can see the full list in the FAQ. The game will take roughly 5-6 hours to play and many players come back and play it over and over again.
Money Mavericks Budget Tracker
The budget tracking software allows the player to manage their own actual finances by tracking their income, expenses, and by creating savings goals. It is the same budgeting tool that the player uses in the game making it very convenient for the player to use outside of the game.
Within the budget tracking software, the player can manage income, regular and irregular expenses, debt, and investments. It's the perfect way to start good budgeting habits early.
Money Mavericks Student Workbook
The student workbook contains a series of activities to further advance the teens financial knowledge as well as other adult skills. Activities in the workbook include:
- Defining the things that matter most. Such as relationships, fun & entertainment, personal health, career, etc.
- Creating a vision board to help clarify and envision their aspirations
- Establishing goals using the S.M.A.R.T. method
- Preparing for and anticipating obstacles that might get their way of achieving their future goals
Money Mavericks Parent Guide
The Parent Guide guide helps prepare adults to start conversations that guide teens as they learn and advance their knowledge about money management. The guide will provide you with a series of tips, suggestions, and examples on how to reinforce and enhance what Money Mavericks teaches your teen. After reading the parent guide, you'll feel encouraged and confident to have real conversations with your teen about money.
Inside the parent guide, we provide guiding principles for talking to your kids in an approachable manner. You'll gain a better understanding of how your teen thinks and the emotions they often keep from you. We'll help you make money conversations fun and show you how to implement rewards and feedback that work.
30-Day Risk Free Trial
Money Mavericks comes with a 30-day risk-free guarantee. We believe in Money Mavericks so much that we offer you 100% of your money back if you don’t see an immediate impact. Just let us know and we’ll give you a refund with no questions asked.
Try Money Mavericks today and give your teen instant access to the only financial education of its kind. Money Mavericks will truly help them avoid the big money mistakes and show them how to develop financial freedom.