Why play this game?
Adults and children are faced with daily decisions around saving, dealing with money, and investing. Unfortunately we are not taught these lessons at school. Even basic money skills are left to the parents to teach their children, yet most adults have very little financial knowledge themselves.
This board game simplifies the wealth creation process and creates a fun, practical, and competitive playing atmosphere to learn key investment fundamentals that every person needs to know.
This board game attempts to teach you;
- Investment concepts that you were never taught at school but wish you had been,
- The benefits and disadvantages of diversification,
- The magic of compound interest,
- Investment basics and the main asset classes available,
- How to maximise returns, and
- How to manage investment risk.
If you apply the lessons you learn by playing this game to your actual life, you will be giving yourself and your family every possible chance of becoming independently wealthy.
Most people underestimate what can be achieved over the long term, but overestimate what can be achieved in the short term. There is no better example of this than when it comes to investing.
Did you know?
The Association of Superannuation Funds in Australia (ASFA) Retirement Standard for a "comfortable" retirement specifies a minimum income of A$57,665 for couples and $42,158 for single people. Only 22% of Australians are on track to achieve this comfortable level of retirement income. If we ignore the Aged Pension, only 5% of the Australian population is expected to have a retirement income above this comfortable target.
Even with the forced saving vehicle called superannuation, a comfortable retirement is now "out of reach" for most Australians. Most Australians will be forced to live in poverty in retirement or be forced to work well into their 70s or even 80s.
What are you doing to ensure you and your family are not one of these statistics?
"An investment in knowledge pays the best interest." Benjamin Franklin
About the Game
Theme: Investment principles
Number of players: 2–8
Age group: 13 +
Estimated game time: 2 hours
Objective of the game: To accumulate the most amount of Wealth
Buy Diversification now – click here
Source: Retirement and Retirement Intentions, Australia, July 2014 to June 2015 ABS