By Jill Armstrong | Posted: Wednesday March 31, 2021
Students have embarked on an exciting online simulation programme called Banqer High
It is New Zealand based and focuses on real world financial decision-making. Students are guided through each topic with quizzes, random event cards, and tasks which are rewarded with Gem payments. The student uses Gems to purchase items.
Over the next couple of weeks, the students will open bank accounts and transfer funds between accounts to see how interest works over time, create a CV, find a job, and open a KiwiSaver account.
Other topics to be explored include Flatting & Home Ownership; Budgeting & Insurance; and the Stock Exchange. Students are also paid Gems for effort in class, completion of tasks, knowledge of topics plus for any additional work they complete.