Please leave a comment and share how you are using Money Island in your classroom!
What it is: I love virtual worlds that go beyond just play and incorporate learning opportunities. MinyanLand is a virtual world where students get to play games and make friends while they learn about earning, saving, spending and giving. Best of all, it is free to use! Students begin their time in MinyanLand with $50,000 in MinyanMoney and a condo. They can visit the ATM in the MinyanLand bank to invest their money. Each time students visit, they can check to see if their balance has gone up or down. Students can earn more MinyanMoney by playing fun games, or doing real life chores or classroom jobs to collect a virtual allowance. Students can use their MinyanMoney to buy things for their home, add rooms, and move into a new neighborhood.
MinyanLand has it’s own newspaper called the MinyanLand Journal, it will keep students up-to-date with what is new every day. Students can play games where they practice their math skills and test their knowledge about money. Games include a Lemonade Stand, Guitar Mayhem, Paper Route, Concentration, Balloon Quiz, Fill in the Face, Fill in the Name, Catch the Money, Word Search, Money Sorter, Cluedoku, Boo Blvd., Where Did You Get That Money?, and Quiz Boxes. Students will need to keep their virtual character healthy by fueling up at Ollie’s Diner.
The characters in MinyanLand are fun and varied, there is Hoofy the Bull, president of the bank; Boo the Bear, a retired dot-com millionaire; Daisy the cow, executive producer of MinyanLand’s TV station; Cassidy the Bear, a school teacher; Sammy the Snake, an administrator in City Hall; and Snapper the Turtle, the go-to guy in town.
MinyanLand is a fun way for students to learn about and interact with economic and financial concepts. The economic system in MinyanLand can even take advantage of real-life pricing of general goods and services. Students are encouraged to charitably give within MinyanLand. The idea is to offer every child the opportunity and platform to be financially literate. MinyanLand is ideal for students in 3rd-5th grade but younger students would enjoy it as well.
How to integrate MinyanLand into the classroom: MinyanLand is such a fun way to work toward financial literacy in the classroom. It offers students a virtual economy where they can practice real-world skills of buying, earning, investing, and giving. I love the way that MinyanLand ties the real world to the virtual by allowing students to earn virtual MinyanMoney for real chores and jobs.
Registering is free and easy enough for young students to register themselves. A parent or teacher email address is optional for registration. If students include a parent or teacher email address, they can earn MinyanMoney for chores or jobs that you assign.
MinyanLand is one of those sites that would be great as a year-long project. Students can visit MinyanLand throughout the year in the classroom (and at home) to learn about money, investing, spending, earning, and the economy. It is a natural fit in the math classroom where students are already working with money and numbers. MinyanLand would be best in a lab setting where each student has access to a computer. If you don’t have a lab for students, use classroom computers as a learning center. Students can visit the center throughout the week to interact in MinyanLand.
Tips: Even if you don’t want to use the virtual money in class, consider letting parents know about the opportunity to tie household chores to learning. Students can play in class and earn virtual money at home.
Please leave a comment and share how you are using MinyanLand in your classroom!
What it is: Moneyopolis is an awesome game for teaching kids money and math! Each math question in the game is correlated to specific standards for grades 6-8 (although I think the site can be used with 5th grade students very successfully as well). The Moneyopolis game tracks students progress via their “scorecard” for the game. There are some great additional site tools which include a budget gadget that helps students set financial goals complete with an online worksheet to help students keep track of spending habits, a library with articles and links to other sites focused on math and money, a glossary for students to look up unfamiliar words and phrases, and a calculator to help students calculate math problems.
How to integrate Moneyopolis into the classroom: Moneyopolis is the perfect way for teaching math and money skills in a way that will catch and hold your students attention. Students can go through the game during class at their own pace, play in groups to compete against one another during class, or as an extra-credit activity that can be completed outside of class. Students can go through the game section by section based on what lessons you are teaching, or all at once at the end of a unit. Since the game keeps track of each students progress, they will be able to exit the game and come back to work where they left off.
Tips: Work through this game in student mode before introducing to students…you will be entertained! The teacher section of this site has some great lesson plans to use with Moneyopolis. I learned about the site on Larry Ferlazzo’s blog and I have to say, it is a winner!
Please leave a comment and share how you are using Moneyopolis in your classroom.