The Netherlands Authority for the Financial Markets (AFM) has, as of today, launched the online game 'More choice with money' (Meer keuze met geld). This game was specifically developed for young people, and teaches them in a playful manner to make smart financial choices. The player is provided with virtual money and has to try to increase the amount by making smart choices in different situations. Which risks do you need to take into account, and what pitfalls have to be avoided?Online money game teaches how to make sensible financial choices
Players are provided with 8,000 Euros at the start of the game. You can save and invest this amount or use it exclusively as an investment. Which funds should you take? How do you know if an offer or provider is reliable? The pile of virtual cash grows if you make sensible financial choices. The game is intended for young persons, and contains simple, clear messages, such as 'do not buy products you do not understand' and 'a higher return means increased risk'.
The AFM developed the game together with CentiQ, Wijzer in geldzaken and the Geldmuseum in Utrecht. The game can also be played live at the Geldmuseum. The game fits into the learning plan framework for financial education in general education, which was recently launched at CentiQ's initiative. The currently available online version is one of the first concrete learning tools that can be deployed for financial education in secondary education.
The AFM promotes conscientious provision of financial services to consumers. For this purpose, the AFM develops digital resources that can help consumers in making the right financial choices. Another interactive resource developed by the AFM for consumers is, for example, the financial knowledge test (Weet wat je weet).
CentiQ, Wijzer in geldzaken represents more than 40 organisations that have joined forces to make consumers 'more knowledgeable about financial matters'. These organisations endeavour to increase financial awareness so that consumers are better able to make financial decisions. CentiQ, Wijzer in geldzaken is a partnership of trade associations, consumer organisations, governments and science.
The AFM promotes fairness and transparency within financial markets. We are the independent supervisory authority for the savings, lending, investment and insurance markets. The AFM promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the capital markets. Our aim is to improve consumers’ and the business sector’s confidence in the financial markets, both in the Netherlands and abroad. In performing this task the AFM contributes to the prosperity and economic reputation of the Netherlands.
The AFM is committed to promoting fair and transparent financial markets.
As an independent market conduct authority, we contribute to a sustainable financial system and prosperity in the Netherlands.