Recently, Next Gen Personal Finance (NGPF) launched STAX, a game that teaches each students that sometimes the best investment strategy is the simplest.
After hundreds of conversations with educators, NGPF developed a list of features which include:
- Easy to implement in the classroom
- Help students see longer-term consequences of the investing decisions they make
- Incorporate behavioral finance concepts and help students understand better their tolerance for risk
- Teach index funds (diversified and low-cost) and their role in an investor’s portfolio
- Offer more investment choices to provide a more holistic view of a financial life
- Introduce strategies like dollar-cost averaging which students will encounter in 401(k) plans
- Provide students with multiple opportunities to play allowing them to try different strategies
- Allow for both competitive and single player modes
Checkout STAX here: https://buildyourstax.com/