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Most students would never choose math or finance as
their favorite subjects. Learning gap is a problem that has beset a
lot of educational institutions, families, even training centers.
One factor that contributes to the learning gap of students is the
conventional way of chalk and board technique, which makes difficult
subjects even more challenging to impart and teach.
With this in mind, Let’s Go
Foundation and GE Money Bank, under the Women Entrepreneurship
Program, have come up with a fun way of learning the numbers by
creating Funance. This new board game is an interactive teaching
tool, designed to help bridge the knowledge gap of the students in
the country in mathematics and finance while having fun.
“Even before starting to take
finance subjects, pupils have already pre-judged that the subject is
difficult. This new board game can help them remember and learn
important concepts and encourage them not to be scared of
finance,” Let’s Go Foundation’s Carlo Calimon explained.
A concept that was started by
Prof. Maurino Bolante, a Finance professor at the Asian Institute of
Management, Funance was further developed in collaboration with
Prof. Jay Bernardo, the founder of Let’s Go Foundation. Funance
was introduced to the college students of Assumption, Miriam
College, Holy Spirit and St. Scholastica’s College. “We are
starting with the college students then eventually expand to the
high-school level and we even plan to included programs for the
out-of-school youth,” Calimon shared.
According to Calimon, Funance has
three core components: 1. Definition of Terms—which guides players
through the Balance Sheet and Income Statement; 2. Building a
Case—which instructs players on how to develop the Balance Sheet
and Income Statement based on transactional cards; and 3. Cash
Flow—a board game that teaches cash management.
Students will have more
confidence in learning and these new concepts will serve as their
instruments in building sustainable careers in the future.
 --Johanna
M. Sampan
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