Exposing children to a smartphone isn’t always a negative thing. Sure, there are dangers out there, especially if they are connected to the internet, but when monitored carefully, these digital devices can serve as a great educational tool for young minds. Prudence foundation, the community investment arm of Prudential Corporation Asia, recently launched a new educational app called Cha-Ching Challenge that aims to teach children about the fundamentals of money management.
Cha-Ching Challenge gamifies the concept of earning, saving, spending, and donating. Children are encouraged to team up with their parents and learn how to manage their money so they can complete tasks to unlock new levels. Each activity in the game include Learning Objectives “to help parents and kids take away key learnings for each activities”; there are also additional educational videos to help children understand things better.
There are a total of 48 activities under the four categories – earn, save, spend, and donate. Children (and their parents too) will unlock new levels upon the completion of every 16 activities. There are three levels all together – Novice, Apprentice, and Money-Smart
Cha-Ching was first launched in 2011 on Turner’s Cartoon Network, and later on Boomerang. Just like this latest Cha-Ching Challenge app, the storylines have been written around the same four key concepts of money. Check out Cha-Ching’s website now to watch the cartoon and learn more about the company’s latest app. Cha-Ching Challenge is available for download for free on the App Store and Play Store.