Engaging with Global Issues

What was the value of the project?  How did it affect others?

For me, the value of this project comes in the form of financial education. Economic inequality plagues the world, and millions of people live in poverty or live on insufficient funds. The value I aspired to create is to help teach people how to make smart financial decisions that can help build wealth. The Wharton Global Youth Program works are this idea of demonstrating the value of wealth vs riches. Instead of immediately being judged on your financial returns, you are judged by your investment strategy. These strategies can truly set people up for financial success as they can help minimize risk in investing. My goal for this project is to demonstrate how one can create these strategies, live by them, and lead to the creation of wealth; a steady increase in the amount of money you have from calculated choices, instead of riches which may come from luck guesses in investing. One of the main values I want to teach in my project is the importance of stability, understanding that you need to be aware of your limitations to invest financially and how your money is worth a lot. Therefore it is important to make sure that the bet you are placing has the odds directly in your favor. Luckily this simulator allows for no-risk being carried but instead is a training ground for the future. I hope that my project helps build educated individuals who can be financially stable in the future, working one student at a time to minimize poverty and economic inequality.