Saturday, 9 February 2013

App that teaches financial literacy to peoples

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Mindblown Life is a mobile app that is designed to help young people achieve financial literacy. In the game, you can create your own customizable avatar and have it go through life making tough financial decisions, like how much to spend on food.
 Most people aren't born knowing how to be smart with money. That's something you learn, often just a little too late. So how do you teach young people financial literacy before they run up their credit card bills, or take out too many student loans? One way is to get them where they live -- on their phones. Mindblown Life is a new mobile phone app. It's designed to help high school and college kids learn how to manage money by playing a game. You can create your own avatar and have it go through life making financial decisions about spending and saving, choices we've all had to make. Jason Young is one of the creators of the app.
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