CAIED’s 7G MM Helping Teach Financial Literacy

Posted: Monday, October 21st 2013 at 1:24 PM

The Center for American Indian Economic Development (CAIED) brought their Seven Generation Money Management Game (7G MM) to students at Hopi High School with the goal of teaching them financial responsibility. This was their second official run-through of the game.

“It was amazing, almost perfect,” said Levi Esquerra, CAIED’s program director. “We find things that we can do better all the time so it’s still a work in progress.”

The game caught the attention of several teachers at Hopi who wanted to see what the commotion was. Justin Powell, math teacher and entrepreneurial club sponsor, was impressed by how the game led the students to use math without them realizing it. By turning real-life events into a game, it felt less like doing math problems to the students when they had to figure out how to buy car insurance or budget so that they could plan a vacation.

7G MM consists of several tables run by CAIED and volunteers from the Native American Business Organization (NABO) and Omicron Delta Epsilon (ODE) to represent various facets of life such as an insurance company, a car dealership, or even a travel agency.

Sunwest Bank provided CAIED with a bag of prizes to to give to the students such as pencils and calculators. It is a proof of its success that 7G MM is bringing in voluntary community involvement and sponsors.

The program has even gone as far as catching the attention of Governor Jan Brewer. CAIED was awarded with the Governor's Award in Excellence in Economic Development [story HERE] at the beginning of October. When Esquerra started planning the game back in April 2013 [story HERE] he had no idea it would gain as much recognition as it has.

“Gwen [Cody, CAIED program coordinator] has been working on this for years, and I have too,” Esquerra said, “so we’ve always known that there’s a big need when it comes to financial education but I never expected it to get so big.”

CAIED already has their next event lined up for Tuesday, November 19, 2013 at Northland Pioneer College in Winslow, Arizona.

Categories: center for american indian economic development caied levi esquerra gwen cody nabo native american business organization omicron delta epsilon ode seven generation money management game sunwest bank hopi high school 7g mm fall 2013 2013