Savings Spree

 
(i)

 

Learning(i)

Kids learn financial literacy through game-show action.

What parents need to know

Ease of play

The interface is very intuitive with useful instructions given onscreen and verbally along the way.

Violence & scariness
Not applicable
Sexy stuff
Not applicable
Language
Not applicable
Consumerism

Small links on the parent information page lead to the publisher's websites.

Drinking, drugs, & smoking
Not applicable
Privacy & safety
Not applicable

Parents Need to Know

Parents need to know that Savings Spree is an educational game in the format of a game show that aims to teach kids the value of money and how money works. Each of six topics is taught through a round in a game show where the overall goal is to save money for a nest egg. Kids learn about earning or saving large amounts of money as well as about actions that save small amounts that add up over time. Kids can play all six rounds together or one at a time.

What kids can learn

Subjects

Math

  • money

Social Studies

  • the economy

Skills

Thinking & Reasoning

  • decision-making
  • thinking critically

Self-Direction

  • goal-setting
  • self-reflection
  • work to achieve goals

Engagement, Approach, Support

Engagement

Interesting real-world information is delivered in a game show-style voice with stagnant image slides. This isn't so much a play-it-over-and-over-again app as an important lesson for kids as well as adults.

Learning Approach

Excellent financial lessons are presented in an easy-to-understand way and reinforced with fun activities.

Support

The app's interface is very intuitive, with useful instructions given along the way. The practice round gives kids details and examples, and the tutorial section also includes valuable information. Resources for parents are included, as well.

What kids can learn

Subjects

Math

  • money

Social Studies

  • the economy

Skills

Thinking & Reasoning

  • decision-making
  • thinking critically

Self-Direction

  • goal-setting
  • self-reflection
  • work to achieve goals

Kids can learn to make smart decisions about money with Savings Spree. Kids will learn about making savings choices, earning money, having a rainy day fund, avoiding spending pitfalls, and building wealthy habits. The tutorial section includes valuable information and is reading intensive. The practice round gives kids details and examples about smart money handling, and the play section is a game show where kids earn and spend money. Kids may enjoy the game show format, but the meat of Savings Spree –- teaching smart money habits –- is what makes it a learning gold mine.

This Learning Rating review was written by Amanda Bindel

Kids say

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What's it about?

SAVINGS SPREE is based on the Money Saving Generation concept for teaching kids financial responsibility. The concept uses an actual divided piggy bank with sections for SAVE, SPEND, DONATE, and INVEST to help kids choose where to put their money. The app includes resources for parents, tutorials for kids about making wise decisions about money, and a game show-like activity where kids earn, spend, and save virtual money.

Is it any good?

QUALITY
 

Savings Spree is a playful game that demonstrates basic financial concepts to kids. The important lessons of being responsible with money will seep through as they play the six game show rounds. Once kids have played a few times, they may have absorbed all the information, but the more they play, the longer they'll remember the lessons. If some rounds don't hold kids' interest, rounds can be played individually in the practice area.

Families can talk about...

  • Help your kid outline a financial plan based on the save-spend-donate-invest concept.

  • One of the game's rounds involves identifying modern U.S. coins and paper currency denominations. Have real coins and paper currency on hand for kids to practice with.

App details

Devices:iPhone, iPod Touch, iPad
Price:$5.99
Pricing structure:Paid
Release date:April 8, 2011
Category:Educational Games
Size:17.20 MB
Publisher:Money Savvy Generation
Version:1.0
Minimum software requirements:iOS 3.0 or later

This review of Savings Spree was written by

Common Sense Media's unbiased ratings are conducted by expert reviewers and aren't influenced by the product's creators or by any of our funders, affiliates, or partners.

Quality

Our star rating assesses the media's overall quality.

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Learning ratings

  • Best: Really engaging; great learning approach.
  • Very Good: Engaging; good learning approach.
  • Good: Pretty engaging; good learning approach.
  • Fair: Somewhat engaging; OK learning approach.
  • Not for Learning: Not recommended for learning.
  • Not for Kids: Not age-appropriate for kids; not recommended for learning.

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Parent of a 2, 3, 5, and 6 year old Written byMom of 4 Girlz May 5, 2011
 

Great tool to demonstrate how to save/spend money!

I purchased it as soon as I heard about it and handed it to my 6 year old. She loves it. She enjoys the lemonade stand and decorating cupcakes. My 5 year old daughter also plays it but needs a little help. They both enjoy the music and the game choices.
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