LAKE BLUFF, Ill., April 13, 2011 /PRNewswire/ -- Here we are, in the middle of National Financial Literacy Month, and Congress can't agree on how to trim our federal budget. Perhaps if Savings Spree, the newest financial literacy tool from Money Savvy Generation, had been available when they were young, our elected officials would be better equipped to balance the nation's budget.
Savings Spree is a fun App with a serious lesson for children ages 7 and up. It teaches kids how the choices they make each day can add up to big savings or big expenses, depending on how they decide to spend (or not spend) their money. Savings Spree shows kids that they can SAVE their money for short term goals (like a bike or an MP3 player), SPEND wisely by making more frugal decisions, DONATE to others or INVEST money so it will grow to meet future needs like a college education.
Using games with a generous dose of humor and fun, Savings Spree introduces children to the concept of earning money for the work they perform, such as selling lemonade, and then guides them through making choices about the money they earned during the game. The App also demonstrates that events beyond one's control can cost money, so it's a good idea to have a rainy day fund available to pay for unexpected events.
"We've taken the fundamentals of our financial literacy curriculum and put it in the palms of young hands," added Beacham. "We're excited to be able to help parents teach their kids about money in a whole new way."
Savings Spree is available for download from the App Store.
About Money Savvy Generation:
Since 1999 Money Savvy Generation has developed a suite of innovative award-winning products to help parents, educators and others teach kids the skills of basic personal finance. The company strives to empower kids to take control of their financial lives and, in turn, their futures. Money Savvy Generation collaborated with award-winning Carstens Studios in the development of Savings Spree. For more information, please visit the Money Savvy Generation website at www.msgen.com or call 1-866-390-5959.
About Carstens Studios:
From initial conceptual stages to final product, Carstens Studios Inc. designs, authors and develops engaging educational software, web applications and games. Its products have won numerous awards, landed in the top 15 in education Apps and have been featured in the "New and Newsworthy" section of the App Store. For more information, please visit the Carstens Studios website at www.carstensstudios.com or call 1-630-250-7689.
Christine Lock Garcia
SOURCE Money Savvy Generation