7G MM: Seven Generation Money Management

7G MM logo

“I have learned that life hits you. You tend to buy things that are not necessary before buying the things you really need.
Be smart in what you buy!”
~Aliana B. (age 18) Cherokee
"All My Relations" Conference, Anaheim, California

CAIED's Seven Generation Money Management (7GMM) is a hands on financial literacy game targeted toward Native American youth to increase their money management skills and to give them a basic understanding of investing, opening a bank account, purchasing a car, renting an apartment, buying a house, and other life skills.

How the game is played

The scenario: 13 mock businesses.

The game: Students are given a tribal ID card and a ledger. Students play a one hour session. To simulate real-life experience, the one hour session corresponds to one year and every 15 minutes corresponds to three months. If a student has agreed to an installment loan, e.g., at the car dealership, then they will be responsible to make payments every 15 minutes.They transact with businesses of their choice. How they spend their money is up to them.

banner

Benefits of Playing 7G MM

  • Gain an understanding of investments
  • Learn about checking and savings accounts
  • Engage in simulated real-life transactions
  • Understand better money management.

"Train-the-Trainer" Workshops in 2015

  • Train Tribal high school teachers, community leaders, and others to become 7G MM trainers
  • How to facilitate the 7G MM game
  • June 11 & 12, Cliff Castle Hotel, Camp Verde, AZ 
  • July 9 & 10, Northern Arizona University, Flagstaff, AZ 
  • Lodging and luncheon will be provided
  • To inquire more about the workshop HERE

Community Outreach

To-date, CAIED has presented 7G MM to the following:

  • 2014 Arizona Indian Education Association Youth Conference
  • “All My Relations” Conference
  • Hopi High School "Business Club"
  • Alchesay High School "Business Class"
  • Kinlani Border Town Dormitory
  • Kaibab-Paiute Indian Tribe
  • Northland Pioneer College - Winslow
  • Salt River Pima-Maricopa Indian Community
  • Flagstaff High School "Kinlani For Community"
  • Chinle High School "Accounting Class"
  • Westwood High School "Shield Connection Program"
  • Tuba City High School "Business Class"
  • Yavapai Apache Nation Youths
  • Salt River High School "Student Council"