This Game Will Teach You Life Lessons You’ll Actually Need About Money
If your Internet history includes searches like, “how to save money” or “make extra cash” among other money-related questions, then you probably need some more financial guidance. But, that’s nothing to be ashamed of, because between student loans, tuition, textbooks and more, there’s a lot of stress around money for everyone.
Luckily, resources for money management have improved, and the conversations around fair compensation, equal pay, and financial planning empower us to take control of our money. Sometimes all of that can be a little intimidating -- so we suggest playing Invesco’s new financial education game called “How Not To Suck At Money” which is not only fun, but it also teaches you the basics of money (and more!).
In this 90-minute educational game, you can be a part of a colorful, 3D-college town interacting with real-world situations and dilemmas involving money, like choosing a bank, building credit, investing, and more. Whether you choose to play the whole game at once, or play in 10-minute intervals, once you complete the game you’ll have a whole new understanding of finances, as well as a playbook for future reference. Plus you’ll get a LinkedIn certificate to proudly show off on your professional profile.
Want a little sneak peek?! Check out some of our fave useful financial lessons, below.
Save up some emergency money - just in case things go sideways.
Who said things will go sideways?! Life did. As upsetting, frustrating and scary as it might be to hear, it’s really not uncommon to run into a money problem or two throughout your lifetime - especially in your twenties. Whether your new job doesn’t pay as much as you’d like, or you need last minute surgery, it’s always great to have savings in an emergency fund just in case. To learn more about how you can budget for these surprise expenses, play the game.
Spend your money with intention.
Being smart about your money doesn’t mean you can’t still treat yourself every once in a while. You should just make sure that the times you are treating yourself, you’re doing so with intention. What does this mean exactly? Basically, think ahead before you swipe your card, and make sure that what you’re buying isn’t preventing you from meeting your finance goals. A coffee-run here and there won’t break the bank, but mindlessly spending five dollars on a large iced latte every day will add up. So, spend wisely - but don’t be afraid to go out and enjoy life.
Move out when you’re ready - both emotionally and financially.
It’s a huge step when you’re getting ready to move out and head into the next chapter of your life. But, followed by the excitement from this moment can sometimes bring feelings of curiosity, wondering if you’re financially ready to do so. In order for you to properly evaluate if you’re in fact in a good place to get your own place, is by creating an overall detailed monthly budget (including expected living costs like rent, transportation, groceries, and more), so you can plan on how you’ll be able to spend - and save! - money. Once you incorporate the costs, make sure you feel comfortable and stable before making any big decisions.
Are you feeling ready to learn more about how to manage your money?! Then head over to play “How Not To Suck At Money” to prepare yourself with life lessons you’ll actually need about your finances.
Happy playing, and happy financing!
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