Crazy Cash City’ Gives High Schoolers a Taste of Managing
Condensed by Native Village
“It was really fun! It helped me prepare for life in the
200 high school students participated in First Nations Development
Institute’s “Crazy Cash City” event in Gallup. The money-spending simulation
game was a new pilot project for financial literacy. Students
had to navigate
though simulated financial tasks and challenges
that teach budget and banking skills.
In Crazy Cash City, all players are given a fictitious
family profile that include income(s), family members,
outstanding debt, and benefits. Students then visit
different booths for housing, transportation, child care and
more, and are asked to make smart financial choices based on
their family profile.
the seminar ended,
students were expected to have a fully balanced budget logged into
their check register and budgeting sheet.
“We could lecture for two hours about budgeting, but
experiential learning gives students a chance to actually
live out what they will face in the future,”
said Michael E.
Roberts, First Nations president.
Shawn Spruce, First
Nations’ financial education consultant, added: “They
interact, laugh, learn and have a lot of fun, and it’s much
livelier than a regular classroom. Many of these students
are currently taking a financial education course, too, so
this seminar enables them to put what they have
First Nations collected
feedback from participants to help evaluate and improve the
simulation model. They hope Crazy Cash City will
eventually be used by many schools.
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