Stock-Trak’s high school sites ( and ) are used by over 20,000 teachers and their 500,000 students each year. allows professors to customize a trading period for their class by selecting trading dates, initial cash balance, commission structure, position limits, and other trading parameters. is used by over 1,100 professors each year and their 70,000+ students. The website is the #1 portfolio simulation for university finance classes and trading rooms. No other educational company provides a single website that offers a customizable budgeting simulation, a customizable stock market simulation, and customizable integrated lessons covering Personal Finance, Business and Economics,” says Mr. “As more states are requiring students to have a Personal Finance Class, our sites are becoming perfectly aligned with the needs of educators. Students manage the day to day activities of paying bills, deciding whether to pay cash or charge items, making decisions on payment plans and insurance, managing their credit card balance and credit score, and many more financial literacy topics. Unlike other simple budgeting simulations based on relatively fixed settings over the duration of the class, the Cash Crunch 101 simulation has the ability to include much more variation in monthly income and expenses – making it a far more realistic exercise for recent graduates and college students for when they need these skills the most. The personal budgeting simulation shows students how to create a monthly budget of income and expense items. Brookshire, Founder and CEO of Stock-Trak Inc. Beginning this Fall, both our and our sites will have this budgeting simulation, allowing our K12 and university students to have a broader, financial educational experience” says Mark T. “The addition of a customizable personal budgeting simulation is a perfect complement to our customizable stock simulation and personal finance curriculum. (Montreal, Quebec) – Stock-Trak Inc., the leading provider of virtual stock market trading applications for the education and consumer markets, has recently acquired a personal budgeting simulation (CashCrunch 101) from Fortune and Venture, LLC. The first few games offer basic budgeting lessons while subsequent games are more complex and suitable for older children.CashCrunch 101 Expands Company’s Educational Personal Finance Simulations The budgeting games listed below are in the order of complexity. They can also create an opportunity for children to learn from mistakes such as overspending or taking out too many loans. But beware – in a few cases there are twists to the games that are implausible or may suggest sweepstakes or gambling, for example, are reasonable means to obtain cash.īut budgeting games can also provide a perfect platform to discuss money issues with kids (such as why gambling should be avoided). The following games introduce and reinforce budgeting concepts for children. Such as what it’s like to get a paycheck each month and have financial obligations. ( See this article to see why).īut beyond the hands-on practice of budgeting with small sums of cash, kids can also benefit from board games that simulate more complex budgeting needs. One of the best ways to help kids understand the basics of budgeting is to let them have money of their own to manage. While there may be various reasons why families do or don’t have a budget, an understanding of budgeting can be essential in setting oneself up for a brighter financial future. Only 32% of Americans put together a budget each month. If you click on a link and purchase the item, I will receive a commission at no extra cost to you.)
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