"Financial Education, Not a Choice but a Necessity!" ... Busan Office of Education Develops First Financial Education Board Game Among City and Provincial Offices of Education

Busan Office of Education.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Duyul] The Busan Metropolitan Office of Education will distribute the board game ‘Money Spinner,’ developed for financial education as the first among metropolitan and provincial offices of education nationwide, to schools in the district on the 12th.

The board game is a learning material developed to be used in connection with the curriculum to support the activation of financial education in schools, such as improving students’ financial literacy and financial decision-making capabilities.

This is the second material developed following last year’s nationwide first development of the video ‘Wise Financial Life for New Workers’ and the distribution of learning worksheets.

The development of the material involved Ok Hyojin, a teacher at Songsu Elementary School and author of the financial education fairy tale ‘Children Paying Taxes,’ who is actively promoting financial education through a YouTube channel and broadcasting appearances, along with five current teachers and a financial education specialized company in Busan.

The title of the material is ‘Money Spinner,’ which means various businesses or methods of earning money.

Users can directly perform various financial activities-related tasks such as ‘subscription to savings and installment savings’ and ‘loans’ during the board game, learning financial concepts and principles easily and enjoyably.

The Busan Office of Education plans to upload a video on how to use the material on the Busan School Support Service (BSSS) so that schools can easily utilize it.

Additionally, the metropolitan office of education will pilot a ‘Visiting Financial Education’ program to increase the utilization of this material. Professional instructors will be dispatched to individual schools to strengthen teachers’ ability to use the materials and support student-centered education.

In particular, based on the educational results, a plan to activate financial education will be established, and from next year, financial education in schools will be expanded.

Ha Yoonsoo, Superintendent of Education, said, “At this moment of upheaval in the financial market, financial education is not a choice but a necessity,” adding, “We will continue to provide educational opportunities where our children can directly experience and engage with money, economy, and finance so that they can establish correct values about finance, acquire asset management methods, welcome a prosperous future, and become talents leading the world economy.”

In addition to developing financial education materials for students, the Busan Office of Education is also striving to establish a foundation for financial education by opening job training courses for teachers in cooperation with the Busan branch of the Bank of Korea.