Learning how to improve your financial savviness is not supposed to be fun and games, but a new app, The Money Game, is looking to change that.
Think of it as finding out about dollars and sense in an enjoyable way. The Money Game is a video game that can help consumers learn financial literacy through real-life illustrations. In a sobering financial landscape where consumer debt is at an all-time high with foreclosures and bankruptcies on the rise, the team behind the Money Game seeks to provide much-needed money management guidance in a convenient automated system.
“Most people do not know how to manage their money. Consumer debt and credit cards are the biggest culprit. The knowledge to budget and balance personal funds is totally lacking and people rely too much on their credit to handle otherwise normal contingencies,” said Doug Hughes, CEO and chairman of Productive Entertainment, (http://prod-ent.com/), a Los Angeles-based company that developed the Money Game.
Hughes is a veteran of the video game industry and an early Atari pioneer, who is looking to combine his extensive gaming and factory automation experience into offering a game-changing experience in the personal finance industry.
“We have a video game that teaches financial literacy through real-life scenarios,” Hughes said. “There are many apps and banking programs that do pieces of personal money management but are boring homework and nothing comprehensive and fun. By making it fun and automatically building budgets and advising what to do and when to do it, we intend to be the first at solving a complex and frustrating problem. This automation and friendly anonymous interaction will be a comfort to anyone, at any age.”
Benefits of the Money Game include:
- Free to play: It’s simple and secure to set up an account with an alias and private email address.
- Fun and engaging: User-friendly software ecosystem provides a set of productive tools for the management and improvement of personal financial activities while entertaining with rewards.
- Anonymous, private and safe: Your information is safe as you are completely anonymous in the game and The Money Game will never share any data with anyone.
- Real rewards: As you advance through the game, you can earn rewards, including big discounts, freebies, and cash prizes.
Productive Entertainment has launched an Indiegogo campaign, https://www.indiegogo.com/projects/the-money-game-have-fun-with-your-money#/, to spread awareness about the Money Game app among consumers and the investment community.