Tackling the problem of financial illiteracy among
The centerpiece of Visa's nationwide educational initiative with the NFL and PLAYERS INC, "Financial Football" helps students tackle their financial futures. This computer-based game is accompanied by a classroom curriculum and can also be downloaded for free on cell phones.
Treasurer Cordray kicked off this new financial literacy campaign today at
Treasurer Cordray and Anderson then rolled up their sleeves and led student teams in a lively game of "Financial Football." Later in the day, Treasurer Cordray and Visa took the game on the road and also showcased it for students at
"It is critical for high school students to know how to make smart money management decisions before heading off to college or entering the workforce," said
"I'm glad for the opportunity to teach
"We are working hard to make sure all
Demonstrating broad-based support for having financial education begin at home and extend to the classroom, a new study released by Visa USA shows 91% of consumers surveyed believe all high school students should take a financial education class before graduating.
Visa and Treasurer Cordray hope "Financial Football" can help students jumpstart the learning process. "Financial Football" puts students' fiscal knowledge to the test with a video game that combines the structure and rules of the NFL with financial education questions of varying difficulty. To score points, a player needs to answer various money management questions correctly. Wrong answers and penalties can cost a team yardage. The team with the highest point total after four quarters wins the game. The game content, developed with the cooperation of the NFL and its players, incorporates lessons taught through Practical Money Skills for Life, Visa's free, award-winning money management program.
In addition to being sent on a CD to every high school and public library in the state, "Financial Football" can also be played for free online at www.practicalmoneyskills.com/football or www.ohiotreasurer.gov. Sprint mobile customers can play the game on their cell phones by texting the word VISA to 24421.
Since 2005, "Financial Football" has been downloaded and played over 100,000 times and similarly rolled out statewide in
"For over a decade Visa has been committed to promoting financial literacy and we are proud to be assisting Treasurer Cordray in his efforts to strengthen financial education efforts throughout
"Financial Football" is part of Practical Money Skills for Life (www.practicalmoneyskills.com), a free, award-winning, teacher-tested and approved financial education program that is available in English, Spanish and Chinese. The program contains three comprehensive sections, complete with money management resources and lesson plans tailored for use at home, in the classroom or at work. It also contains an array of tips to help prepare for life changing financial events, from planning for a baby to saving for college and retirement, as well as a number of other budget calculators and interactive games. Visa also runs What's My Score (www.whatsmyscore.org), a leading higher education consumer awareness program. The website guides college students through the ABC's of a FICO credit score, from factors that can lower a score to ways on improving it, at no charge.
About Ohio Treasurer Richard Cordray
Richard Cordray is the Ohio Treasurer. Elected in 2006, he manages all banking functions for the State of
About Visa
Visa products generated $1.8 trillion in total volume in the