Savings business games

This course is offered in partnership with German Sparkassenstiftung for International Cooperation. Savings Game and is a highly interactive training for private households, young adults and small family-run businesses who want to manage a family budget successfully and to accumulate savings.

Savings Game is a highly interactive training for private households, young adults and small family-run businesses who want to manage a family budget successfully and to accumulate savings. Participants of the training learn basic economic concepts for managing household budgets and how to select a sound financial institution for their savings.

Objectives

The overall objective of the Savings Game is to experience how to manage a household budget and to accumulate savings effectively, applying an experience-based approach.

  • Understand important concepts such as inflation, security and liquidity.
  • Get an understanding of the meaning of a household budget as well as of such important components like income and costs.
  • Define, manage and analyze personal and family budgets.
  • Obtain the ability to identify and manage current and future needs and wants as well as to plan and provide for potential current and future life risks.
  • Understand the purpose and benefits of saving.
  • Understand the differences between saving with a financial institution and other ways of saving.
  • Obtain the ability to identify and select a sound financial institution.