Money Advice Scotland and RBS 'test-drive' new MoneyPlay games at the Scottish Parliament
New MoneyPlay games aimed at bringing financial education and awareness to young people in Scotland have been road-tested at the Scottish Parliament.
In collaboration with the Royal Bank of Scotland, Money Advice Scotland brought the games to the evening reception, hosted by Business Minister Fergus Ewing at the Scottish Parliament on 2 December 2015.
Six months on from the Money Advice Scotland Annual Conference that explored the challenges and assistance available to achieving financial wellbeing amongst the people of Scotland, the parliamentary reception evaluated the progress made on that journey so far.
The MoneyPlay games are online-based and aimed at encouraging young people to think about the consequences of the financial choices they make. Hosted on the Money Advice Scotland website, the games take users on a journey across Scotland with the goal of completing 6 mini games and learning important lessons on budgeting along the way.
Yvonne MacDermid, Chief Executive at Money Advice Scotland, said:
“Money Advice Scotland was delighted to play a part in developing the MoneyPlay games alongside the Royal Bank of Scotland.
“It is especially fitting that the MoneyPlay games were initiated by the RBS apprentices who were able to offer invaluable insight into reaching younger audiences.
“Money Advice Scotland has long been a strong advocate of financial education for young people with the view that prevention in the long term is often more effective than cure in times of crisis.
“The debt burden on people aged 16–24 has doubled in the past four years so this underlines the importance of entrenching financial capability from an early age.
“At Money Advice Scotland, we recognise the importance of ensuring that young people have the skills necessary to manage their money and these innovative new games will perfectly complement our existing financial capability project.”
As well as hosting the event, Business Minister Fergus Ewing participated in one of the MoneyPlay sessions. He said: “Research indicates that people’s attitude towards money is fixed by the time they reach secondary school.
“Initiatives like MoneyPlay will help shape young people’s attitudes towards money in a positive fashion, while having the spin-off benefit of getting children in school talking about these issues and those conversations being replicated in the home with their parents.
“I welcome this partnership between Money Advice Scotland and RBS and congratulate them on these innovative efforts to promote financial education.”
Co-host for the evening, Deputy Presiding Officer John Scott MSP said:
“I’m delighted to be hosting Money Advice Scotland and their guests at the Scottish Parliament.
“Money Advice Scotland provides a valuable service for people and organisations across Scotland and the new MoneyPlay games are an excellent resource for people to learn about financial matters.”
Notes to editors:
You can try out the MoneyPlay games here:
Please note that the Parliamentary Reception on 2 December 2015 was not a ‘launch.’ This is in line with the Scottish Parliament’s guidance on events held on the Parliamentary Estate.
Money Advice Scotland already operates a financial capability project with the purpose of improving the overall financial wellbeing of the people of Scotland through a combination of e-learning and ‘Train the Trainer’ workshops.
Office for National Statistics, What do we know about In-Work Poverty? A summary of the evidence
Institute for Fiscal Studies, Younger cohorts at risk of being less wealthy than earlier generations
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