MEAN$ FAQ
The game is designed to take 50-80 minutes to complete.
Students will need a pencil and a calculator.
We ask them to provide the students, the location, and parking for the trainer if needed.
Teachers and Facilitators will be provided with training and best practices to deliver MEAN$ to their group.
- Each game is designed for 2-8 players. The recommendation is 5-6 students per game in order to ensure each student have the opportunity to visit each store in a classroom period.
- When multiple games are needed, MEAN$ personnel will assist in completing the request.
- Students will take a short Pre & Post Assessment.
- Measure the increase in financial knowledge.
- Example: At the end of the game, 30% of students stay within budget.
- It is suggested for the game to be played one to two more times with the same students.
- The percentage of students that stay within budget is likely to increase now that students have a better idea of what is required to stay within budget.
- Of course, we would want that increase to be 90%-100% of students staying within budget!
Educational Information for Teachers and Instructors
The goal of MEAN$ is to help students gain knowledge that allows them to solidify some of the national standards in personal finance education.
MEAN$ is designed to put the choices into the hands of the participants. While making their purchases about the everyday items they need to survive and thrive, they learn about earning income, spending, saving, managing credit, and making critical decisions regarding money.
Specifically, they learn about the ability to save, the importance of maintaining a budget within their career salaries, unexpected money moments, and how credit scores can affect their buying power as they go through the options.
Where Do the Numbers Come From?
The average salary numbers come from the Bureau of Labor Statistics, Department of Labor.
The remaining numbers come from research for the average price of items and services that were needed to complete the options.
The reason for the average numbers is to give an overall perspective rather than a state-by-state perspective. So, respectfully, the actual numbers can be higher or lower depending on the location.
MEAN$ Flyer
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