Education and demonstration – Business or economics
Patent
1999-07-15
2000-08-22
Rimell, Sam
Education and demonstration
Business or economics
273256, G09B 1918
Patent
active
061063002
ABSTRACT:
The present invention provides a particularly effective mechanism for teaching financial skills to players, and, in particular children, in the context of a game. Each player is initially ascribed a predetermined periodic earned income, (at least initially representing income from work activities of the player), periodic expenses and a predetermined amount of cash on hand. The object of such game is for a player to generate passive income greater than a predetermined percentage (e.g., 100%) of the player's expenses. The game comprises: indicia of a financial statement associated with each player; and indicia of a set of events and indicia of a set of game events for pseudo-random assignment to the players in turn. A mechanism for pseudo-randomly assigning the particular game event to the respective players is the also included. The game events potentially affect at least one of the passive income, expenses, assets and liabilities of the players, and include opportunities to generate passive income. The financial statement includes respective selectively revisable visual indicia of units of passive income, units of periodic expenses, assets and liabilities, and preferably units of periodic earned income, ascribed to the associated player. Each of the visual indicia has a respective predetermined associated visual aspect (e.g., shape and/or color) associated financial are being represented. The number of units of each of the visual indicia are selectively revisable to reflect the effects of game events.
REFERENCES:
patent: 2297011 (1942-09-01), Mooney
patent: 3807739 (1974-04-01), Henley et al.
patent: 4012046 (1977-03-01), Liket
patent: 4109918 (1978-08-01), Mele et al.
patent: 4279422 (1981-07-01), Shaw
patent: 4378942 (1983-04-01), Isaac
patent: 4522407 (1985-06-01), Hatherley
patent: 4840382 (1989-06-01), Rubin
patent: 4890844 (1990-01-01), Weiss
patent: 4932668 (1990-06-01), Stewart
patent: 4955616 (1990-09-01), Ingalls
patent: 5056792 (1991-10-01), Helweg-Larsen et al.
patent: 5071135 (1991-12-01), Campbell
patent: 5139269 (1992-08-01), Peterson
patent: 5318447 (1994-06-01), Mooney
patent: 5429373 (1995-07-01), Chelko et al.
patent: 5826878 (1998-10-01), Kiyosaki et al.
Kiyosaki Robert T.
Lechter Sharon L.
Parta Rolf H.
Cashflow Technologies, Inc.
Howland Lorinda J.
Lechter Michael A.
Rimell Sam
LandOfFree
Game for teaching fundamental aspects of personal finance, inves does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Game for teaching fundamental aspects of personal finance, inves, we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Game for teaching fundamental aspects of personal finance, inves will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-573946