Games That Can Teach You About Money!

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Күн бұрын

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Since Monopoly came out in the early 20th century, there has been a long tradition of learning about money through games. With the rise of video games, that tradition is more popular than ever!
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Пікірлер: 222

@JakeTerch Жыл бұрын

RollerCoaster Tycoon was great for teaching 5-year-old me about loans, pricing, profits, and paying wages!

@MrKogline Жыл бұрын

DinoPark Tycoon and Sim City were games I loved as a child. Learned so much from them. Like saving money on a chain link fence is fine but a T-Rex can escape nullifying your savings...

@andrewwolfgang7461 Жыл бұрын

and seeing horrifying death and destruction by not completing a loop... Good times

@prettypic444 Жыл бұрын

Rollarcoaster Tycoon is the SHIT!

@OscarHanzely Жыл бұрын

Transport Tycoon was my first one and then RollerCoasterTycoon second game where I learned how to use small business loan to build prosperous business . pretty awesome games

@misham6547 Жыл бұрын

And how corporations escape justice by paying a small fine

@Jack-fw4mw Жыл бұрын

Man, the late 90s, early 2000s had a golden era of business simulation games. Roller Coaster, Lemonade, and Zoo tycoons, as well as Sim City (you run it like a business, with an iron fist).

@0nyx38 Жыл бұрын

Oldschool Runescape is where I learned money management

@laughbutts6396 Жыл бұрын

Aw yeah! Just keep selling and selling near the bank lol

@luisgalindo4423 Жыл бұрын

Scam prevention

@howard9060 Жыл бұрын

Same here! When they introduced the grand exchange, it was like a stock market simulator! I still log in some to try and buy low and sell high!

@bowebusi 11 ай бұрын

I was going to comment this but you literally beat me to it, this is a fact! As a 7 year old 20 years ago, working on sharks to get a Santa hat for 24mill and then holding till it was 140 mill, taught my stocks, thanks GE

@FinancialShinanigan Жыл бұрын

I grew up playing Age of Empire 2 and I always made sure to first send workers to the gold mines and build guard towers to protect the assets. Haven't played that game in years but I've substituted digital gold to stocks and towers with strong financial habits.

@oshun459 Жыл бұрын

Lol maybe also logistics management. Placing work buildings closest to the job sites to increase efficiency. Knowing the optimum amount of villagers per work site to not make too many redundant vills. Diversification of assets (all resources) before major purchases (age up) so youre not in trouble with nothing in hand to use during the crucial process. Focus on economy (resource prodiction) rather than vice (unneccessary upgrades or over the top unit purchases when cheaper ones would suffice).

@Grato537 Жыл бұрын

I played Age of Empires 2 a bunch growing up as well! And yeah that and other games definitely helped me learn good financial principles. Also if you still have interest in AoE2 it's had a mad renaissance in the past couple years via AoE2 Definitive Edition. Would recommend.

@zawwin1846 Жыл бұрын

Ah, Good Times. When sending kids into a dimension of eternal suffering is somehow better than death.

@robmckee5295 Жыл бұрын

I remember playing Cashflow quite a few years back. Boats, cars and other expensive items that didn't pay you were called doodads. Good lessons.

@ParadoxFreak Жыл бұрын

Ah Animal Crossing: New Horizons, the only place that I live in a mansion on an island as a millionaire. 🥺

@georgewashingmachine1 Жыл бұрын

I don’t count myself as a millionaire in the game, but I am at that point where I can. My problem is that I like to have lots of the same fish in my storage. I have about 50 red snappers in my storage and that’s not normal.

@TheTimeForChange44 Жыл бұрын

I still the board game approach better; people get to blind-sided to the glitz of computer games to get the real (and important) lesson. Then, again, that's just me. I am glad I had opportunities to learn about money management via my readings and during the course of my career! It is sad, that this is not taught in school, but glad to see educators finally coming around to this essential task! 😉

@vulpixelful Жыл бұрын

But Monopoly is the only way I can do extremely risky investing with no real consequences

@benvail6395 Жыл бұрын

Thanks for mentioning the problems with buying skins in games, and how exploitive Roblox is. I definitely learned economic principles from games like Roller Coaster Tycoon and even the item economy in Diablo II. They may not be as popular, but you could have also included more board games in the discussion. Reiner Knizia is a well-known game designer who uses his background in math to design some incredible numbers & economy games. Ra, Tigris & Euphrates, Lost Cities, etc. all are fantastic.

@Intoxicatious Жыл бұрын

I worked on the NOVA Financial Lab. So cool to see it in this video

@Keylevitation Жыл бұрын

People should play rich dad poor dads CASHFLOW board game

@amberallen7809 Жыл бұрын

I haven't thought about payday in a minute. It was a favorite at our house. One of the last memories I have of one of my grandmas is playing payday with her and her playfully insisting that she could put a card back in the 'mail' card pile and draw another one if it was a bill card, because she didn't want bills 😆

@ernest3286 Жыл бұрын

I heard 'Roblox' and immediately dashed to the comment section to shout out the People Make Games video in case you didn't know to mention Roblox's unethical business practices. Super sketchy stuff there!

@iTzDritte Жыл бұрын

I tried the Nova financial lab games and got the maximum score on every game on the first try. I’m a regular financial expert! It’s basically Daniel Kahneman’s seminal book “Thinking, Fast and Slow”, but in game form.

@geoffreydowdle5751 Жыл бұрын

I'm a business teacher without a curriculum and as much as I like to bash on this channel, this video just made me a quality lesson plan for easy. Thank you so much.

@thenewwayhome Жыл бұрын

Aww. Monopoly is THE childhood. It is a great strategy for incorporating a game and education at the same time.

@TomMcMorrow Жыл бұрын

Oh wow haven't thought about Rollercoaster Tycoon since I was a kid! What a callback. Also the channel Extra Credits did a great two part series on hyperinflation in MMO games that's worth checking out.

@AnimaLepton Жыл бұрын

Fire Emblem taught me to spend all my money before the end of the game. At the end of the day, even the money you're saving for the 'endgame'/retirement is meant to be spent eventually, you just need to choose your purchases wisely and strike a happy balance. So many RPG players fall into a 'hoarding' based mindset instead, but it's better to use your potions/elixirs when you need them than try to hold onto them forever, past the point where they're no longer as useful. Then again it's also a game that 'wants' you to beat it and will give you enough resources to do so even if you screw up, and that's not as much of a guarantee IRL.

@al3220 Жыл бұрын

This. I was a hoarder and still am in many ways, but I'm no longer shy to use those potions.

@kpatelv607 Жыл бұрын

Financial literacy might help people learn to manage their money, but that is not the issue plaguing the masses. The issue is that most people don't have enough money left over after cost of living to establish a decent savings account, let alone invest.

@epbrown01 Жыл бұрын

That's a false narrative people use to cover up financial illiteracy. Most people claim they don't have any money, so the problem can't be their financial choices, and that seems plausible - right up until you see them get more money.

@kpatelv607 Жыл бұрын

@@epbrown01 I grew up in poverty surrounded by other impoverished people and take care of poor patients daily. Your statement is false, disrespectful of the struggle of millions of Americans and quite frankly mean natured.

@epbrown01 Жыл бұрын

@@kpatelv607 I grew up in poverty as well, and what I didn't see growing up was a lot of financial literacy. In fact, financial *illiteracy* tends to cross generations since we get early habits from our poor parents. One of my most vivid memories was visiting a cousin's house to see his new baby; he lived in a dirt floor shack... with a 60" tv screen.

@kpatelv607 Жыл бұрын

@@epbrown01 so he had a 60" TV so what? Tvs cost much less in comparison to the amount of capital required to be free to be saved up to not want for money. That doesn't mean that people are not paid enough to allow for them to meet all their needs, their shelter, their healthcare, their education, then have enough to save for retirement and all have left over to enjoy life with friends and family. Plus your example sounds like it's at least 10 or more years in the past and cost of living has skyrocketed compared to back then and wages have barely gone up since the 70s, not to mention the increase in inflation from then until now. Even those who are working class have to put a large amount of the money they have left over after bills away to use decades later because our system does not believe in taking care of the elderly, so when people are young they aren't allowed the freedom to use their left over funds to enjoy life if they also want to eat food or have healthcare when they're old. Work work work now so you can use your money when you're old, tired and half of the people you wanted to enjoy life with are already dead. But yea, not but a TV is going to fix all that, sure.

@epbrown01 Жыл бұрын

@@kpatelv607 Do you not realize that your lengthy screed above argues *against* financial literacy?

@duduprado8362 Жыл бұрын

Theres a game called Suzerain, were u are the ruller of a small country, completly change the way i see government budget and politics, Civilization IV is also a really good game.

@mooremoneymakin Жыл бұрын

As with many things, games are tools that can be used to teach good or bad lessons about money. It definitely feels like there needs to be some kind of control / cap on how much people are allowed to spend on the gambling-esque parts of games.

@prettypic444 Жыл бұрын

Stimulation Games are such underused educational resources- they teach lessons beyond what the game is centered on, most notably finances but other lessons too. Tycoon(Rollercoaster tycoon, Zoo Tycoon, Planet Zoo) games are centered on management, but they also teach creativity, engineering, ecology, and more! even a game like Oregon Trail can teach money management and more

@ed-edd-n-eddy Жыл бұрын

I learned a lot about bartering and supply/demand through this game called RuneScape.

@dandiaz19934 Жыл бұрын

Omggg, I thought Philips with no mustache was just a phase!! :( I hope he grows it back... He looks way cooler with his mustache!!

@BeBlessedGames 7 ай бұрын

In between this, crash course and games like skyrim and tycoons...I'm learning a lot

@saininj Жыл бұрын

My first priority in Monopoly was to buy up Mediterranean and Baltic Avenue, then immediately build Hotels. That way I'd get a cut of anyone else's $200 at GO.

@pongop Жыл бұрын

Thank you for this video! I teach financial literacy and I appreciate the reminder to use games! I'll check out those Nova Financial Lab games. I may even share this video with the class. Thank you!

@63bim Жыл бұрын

Lemonade Stand from Cool Math Games did a great job about teaching money management for a simple business game.

@georgewashingmachine1 Жыл бұрын

The Coffee Shop game on there is amazing as well.

@marlon82mc Жыл бұрын

I miss the mustache.

@Josh-xo7ik Жыл бұрын

I'm one of the ones that likes monopoly more than any other board games. Played with 3 of my friends on a video games version of it. I refuse to trade; they traded with each other. I beat them 4 times in a row. Now they don't play monopoly with me anymore.

@SeanFrancisNBallais Жыл бұрын

Philip... without a mustache and a brand new hairstyle?! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHH!!!

@anorwichfan Жыл бұрын

Another game worth considering is ECO. It is an Economy/ecology simulator in the Minecraft style. You play collaboratively to achieve an objective, but in the process you establish your own currency (and mint it with some resources) and trade. Furthermore, you can establish a government and use politics to manage the economy, even implement taxes and distribution laws. The game is designed to be an educational tool, but is also very in-depth and can give you a fundamental understanding of the role of money.

@MzShonuff123 Жыл бұрын

I miss Lemonade Tycoon. I played that as a 20-something. So many hours trying to figure out whether it was worth it to rent out a stall at the baseball stadium or the mall 😊

@illanmd Жыл бұрын

For me, farming simulator is the craziest one. Take loans, re-pay them, how the prices vary, how you manage the fields (some are for the surface are cheap but may take more time to harvest)... It pays off to have the assets, but liquidity is also a key factor, so a big loan for a tractor could go very bad: if you have to sell storaged resources at a low price, you'll drive the prices down and you'll earn less and less, whereas that if you have liquidity, you can keep the grain for longer and potentially earn more.

@adamlodge8093 Жыл бұрын

Pokémon silver taught me about the importance of saving

@LightSpeaker2k Жыл бұрын

Grinding is also a type of dance...

@DapperHesher Жыл бұрын

Grind/Grindcore is also a form of music.

@stephaniecohn365 11 ай бұрын

Wow, I’m so glad I discovered this. Nobody taught me these things. Does PBS have channels like this for other subjects as well?

@dexterm7666 Жыл бұрын

I'm not even 40 but when I heard my 9 year old son says he's 'grinding', I laughed. 😂 I was thinking, how does he grind when he's just playing video games. 😂

@DylanJo123 Жыл бұрын

Ya, it blows my mind how there are people out there that pay money to do repetitive, boring tasks. Builds up tolerance to do it when theyre older, i guess

@hamsburhan2388 Жыл бұрын

Even Rich dad & Poor dad played monopoly before he became entrepreneur, now he got his on board game.

@leilapahlevan5736 Жыл бұрын

Great as always. I just wish you would make some videos on other countries too.

@JeffLiCanada Жыл бұрын

I highly recommend the board game Power Grid to teach people concepts like market, offer and demand, opportunity costs, scarcity, variable/fixed costs and margins (marginal revenue or costs). It's also great fun to play!

@jenniferlarregui3315 Жыл бұрын

I absolutely love Monopoly. I have 5 monopoly sets in my home. I used to love Payday. Haven't played it in awhile. I have used the game Cashflow for Kids to teach my kids and foster children about money. They hated getting liabilities. lol

@tinkersdinkers Жыл бұрын

I'm not sure where else to put this but the game was so much fun!!! Thank you so much for brining it to my attention. :D Whoever worked on the background music I love you.

@rebeccareeves1313 Жыл бұрын

So great to hear! I also am a fan of the music!

@imthelovestamp Жыл бұрын

RuneScape taught me LOADS about saving for important things, real-time markets, risk vs benefit and how to avoid scams haha

@nerdmommy7114 Жыл бұрын

Love this perspective! Games and gaming aren’t “bad” at all! Thanks 2 cents!

@jaypence332 Жыл бұрын

The farming game

@jaypence332 Жыл бұрын

Teach you random things affect the market

@mikedelta987 Жыл бұрын

One of my Fav vids from you guys love the material

@kathrynharring8270 Жыл бұрын

I can't remember where online it was but I think it was called hot shot business. You could price goods and services but only had so many stations so you had to staff based on what was trending rather than exactly what you wanted because if everyone wanted a dog gym instead of nail clipping you would lose out if you had the wrong station. It also let you make business decisions like ads to run, smear campaigns to address or if you were going to get a loan to start the business

@y.vinitsky6452 Жыл бұрын

There's a game called eve online which has a financial system just as complex as ours

@EdithEsquivel Жыл бұрын

With all the mounting evidence on the effects of screens on developing brains, I really expected modern physical board games to be among the options.

@mattjwayad9639 Жыл бұрын

Excellent video. Wondering why Yanely's audio was so muffled?

@disrael2101 Жыл бұрын

It's true I practiced a lot of my biz skills at online multiplayer game

@VulcanOnWheels Жыл бұрын

0:25 How is that a good thing? 0:54 ...which is something Jaspreet Singh is eager to do something about with his KZfaq channel titled The Minority Mindset. 6:02 Fortunately, I could still understand her.

@illiteratedino Жыл бұрын

A common issue I see are people not buying coin purses in Sekiro to protect their earnings.

@Mikidy303 Жыл бұрын

The biggest thing you can learn about money from games is that sky-high costs of them leads to pirating. I don't do it, but I know plenty of people who do.

@yash1152 Жыл бұрын

0:29 oh. that board game's known as "business" here 1:18 other board games related to financies and business

@777Skeptic Жыл бұрын

In WarCraft and StarCraft, you DON'T want to save money. You need to SPEND SPEND SPEND. Build troops and expand ASAP.

@killerVeNoM101 Жыл бұрын

Holy hell PBS NOVA, fix your mic

@alypialpha2712 Жыл бұрын

I remember getting a free computer game from school that acted as a life simulator for finances. I loved it, and played several “lifetimes” in the game. I wish I remember the name of it so I can share it with others.

@prusthegoose Жыл бұрын

Cash Flow the game by Robert kyosaki should be required by all kids you don't want to stay stuck in the rat race

@zenderfall Жыл бұрын

Cashflow is probably the best (if not controversial) financial wealth game.

@Droidman1231 Жыл бұрын

Hear me out, FTL teaches financial literacy. You only have so much scrap you can get for a game and you can't buy everything and you need to keep an emergency fund for fuel and repairs, and balance upgrading to get to the end vs upgrades to beat the final boss.

@osmosisjones4912 Жыл бұрын

Why is equality so important ? .to avoid conflicts . But to keep everyone equal their has be more conflicts and less productivity

@JuneHarriseco 4 ай бұрын

Imagine if they taught fiscal responsibility in school like they used to, you wouldn't have to resort to games today

@noviting6976 Жыл бұрын

I think insaniquarium also teaches us about money. Keeping cash available when the seamonsters are about to come is important just in case we lose many of our fish we can still buy more fish to generate money after the monsters aren't there. It teaches about having an emergency fund and also choosing which sea creatures (investments) generate most money or have lower risk.

@hasmax786 10 ай бұрын

The sims for me, I learnt the harder I work the higher I can get up the ladder and the more lavish my life can be.

@LittleMopeHead Жыл бұрын

Haven't watch the video yet, but I'm going to guess Monopoly being one in the list.

@yabbaguy Жыл бұрын

By the way, and I think J & P alluded to this, there are many better tabletop games than Monopoly and Life today! Resource management, risk management, and opportunity cost lessons can be found in many of them too, even if they're not strictly American Dream-themed.

@EdithEsquivel Жыл бұрын

He didn't say which ones

@urrutia86 Жыл бұрын

SimCity taught me so much about money management

@517wiiface Жыл бұрын

Loved life and trying those NOVA games right now

@aimemaggie Жыл бұрын

my sister play roblox and one game on there is basically real life. They have go to work to earn money to renovate their house. They also have to pay electricity bills and when they don't like something they can sell it for less than what they bought it for

@mizlolia Жыл бұрын

Financial Education has never been this interesting. Thanks fam

@Ivanfpcs Жыл бұрын

Still mad about Phillip lack of a mustache

@drip369 Жыл бұрын

I think you mean a currency manager, that paper fiat is not money

@yasminzakarya Жыл бұрын

Love you guys.❤❤❤

@tanehardy3698 Жыл бұрын

I hope that many take the opportunity to play Cashflow, I was surprised it was not named on the video

@osmosisjones4912 Жыл бұрын

What's stopping union's from exploiting worker's. Taking what they can out your salary from company itself and destroying the company and reducing corporate competition over workers .

@TigerHawk709 Жыл бұрын

You showed WoW in there, but no Final Fantasy XI?! I say we riot!

@DapperHesher Жыл бұрын

You totally missed out collectable card games. That'll REALLY teach you about money.

@nehemiahstewart Жыл бұрын

What a unique video idea

@misdrevenous Жыл бұрын

I learned about supply and demand from Ragnarok Online

@hsavietto Жыл бұрын

What about EVE Online? Not even a mention?

@DenshaOtoko2 4 ай бұрын

Loz Majora's Mask, Every animal crossing game and Harvest Moon or Story of Seasons and Tales of Games taught me financial literacy also my parents and grandparents and this channel and another.

@samsaalfeld4273 Жыл бұрын

I just learned I shouldn’t gamble from playing hearts with my dad. The rest of my family refuses to play hearts with him.

@ryanwinn4951 Жыл бұрын

Why didn’t you mention Cash Flow by Robert K.???

@feynstein1004 Жыл бұрын

Surprisingly, I learned a lot about management, including money management from the game Stronghold Crusader 😂

@JLW667 3 ай бұрын

1:20 PayDay and the Game of Life

@TheEverfever Жыл бұрын

We need the moustache back.

@ferry6700 Жыл бұрын

sadly you didn't cover EVA Online, i think we can learn so much from Eva Online Economics

@mrwillwgp Жыл бұрын

I mean ... I learned things from those games but ... I got a wife and kids and that changed everything 🤣

@mattcrouch9348 Жыл бұрын

I have to submit my vote for Prison Architect for your consideration.

@jimmyyu2184 Жыл бұрын

Time to change the name of the Channel, inflation should make this now Five Cents.

@BeowolfNindoJournal Жыл бұрын

Red Alert 2 and Warcraft 3 teaching you how to manage and balance your resources 😂😅

@bmw1er85 Жыл бұрын

Sweden at number 3!! I have seen most dumb with money here in Scandinavia. Anyways as usual very good informative video.

@davidstring8301 Жыл бұрын

Playing monopoly is what turned me into a ruthless tycoon

@greenleafyman1028 Жыл бұрын

As far as I know. Most of these financial games has universal basic income. So I cannot say they totally teach people about Financial Literacy in real world.

@randolphwh9551 Жыл бұрын

Fax I own monopoly of trains I could throw up the price

@pf3820 Жыл бұрын

I thought she was gonna say the Internet at 1:08

@srajo1807 Жыл бұрын

I haven't tried animal crossing but I'll check on it. I played Nova Financial Lab Games. The one with debt savings give me hard time but at least I tried both snowball and avalanche methods in paying debts.

@jollama Жыл бұрын

Living under a rock huh?