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A New Finance Language

Teaching financial literacy in terms that a person can relate to

Photo of Raghava Manvitha Reddy Ponnapati
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Who does this idea benefit, who are the main players and what's in it for them?

Most of us do not study finance and let's face it, it can be tedious and boring to look these terms up or try learning about them. I think this idea can benefit people who don't want to spend much time or energy trying to be a finance literate. This will make learning financial literacy fun!!

How is your idea specifically using the power of communities to improve financial opportunities and resources?

Each of us have an obsession or weakness for something. For some it is shoes, for some it is gadgets or books etc. How about which translate all the financial terms into those terms. Say, Person A likes to buy a lot of shoes. So we translate terms like funds, savings, investing , learning how money works in terms of number shoes he/she can buy or is equal to. A mobile application can be built to do this. This would make the entire process fun.

This idea emerged from:

  • An individual

This could be a mobile application or a web based application or even a video game. You can learn all the finance terms and how the money works by using this app in terms of things you love the most like shoes, books, gadgets making the learning fun and this can help in reaching out to a more younger community

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Photo of SelfiemoneyTransfer Services
Team

yes i have just the app for that.

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