Mad City Money
This 3 1/2-hour simulation gives high school students a sense of adulthood with income and bills to pay. Each participant is assigned a temporary identity, including occupation, salary, debt, marital status, and children, etc. They visit nine ”merchants” in Mad City to choose housing and transportation and purchase necessities and wants. The goal is to simulate the realities of approaching financial responsibilities.
Session objectives are:
- Practice budgeting as an adult with realistic circumstances
- Identify and experience the consequences of poor decisions
- Develop good judgment regarding spending and making a budget
- Understand that budgeting is a necessary step in good money management and that it isn’t difficult
The target audience is aimed at teenagers ages 15 - 18