Mimic Personal Finance

About

Mimic Personal Finance uses decision-theory learning to teach students the basic principles of financial literacy in a simple and powerful way. Rather than simply studying financial concepts, students actually experience financial decision making. They are able to make decisions on how to spend their money in an ongoing role-playing simulation that has real in-class consequences. The model creates an environment where students’ choices dictate the learning experience. Lessons are continually reinforced as each decision a student makes impacts the remainder of the course. By letting choices dictate learning outcomes, a differentiated experience is created naturally, students master content, and learn more about themselves and their personal approach to financial matters. Mimic Personal Finance helps students learn to analyze their situation, needs, and goals while dealing with real consequences for their choices. As a result, students learn how to make smart financial decisions throughout their lives.