ALEXANDRIA, Va. – Pentagon FCU and its PenFed Foundation are offering a free online financial literacy game, called MoneyU, to the credit union’s young members.
MoneyU will be offered to members between the ages of 17-25. It takes content that is relevant to college and high-school students and presents it in a dynamic medium to help young people become financially literate. The self-paced, game-based course covers essential financial skills, such as understanding a cardholder agreement, comparing car loans, and creating a budget. With widgets and simulations, users develop skills in just six to eight hours that would take 30 hours in a traditional classroom, the credit union said.
The PenFed Foundation will offer the program to recipients of its Military Heroes Fund and Asset Recovery Kit programs, also free.