Helping kids gain financial skills, scam awareness through games

Colourful booths reminiscent of retro arcade machines caught the eye of Chiong Tze Yu, 13, who pulled his father in to explore the area.

- Andrew Wong

Resembling an automated teller machine (ATM), the booth - made by local education platform Eyeyah! - provides a series of interactive games that teach basic but essential financial literacy skills to children.

These include learning how to spot scams, how passwords can be stolen, and how to set up stronger security in the digital space.

The eye-catching booths were just one part of the digital and financial literacy initiative organised by POSB at the Tzu Chi Humanistic Youth Centre in Yishun on Nov 2.

Other sections include virtual reality games that challenge participants to budget their money, scam awareness quizzes and financial literacy workshops.

Tze Yu said the games helped him learn about managing money.

"The games were very interactive, they taught me to be careful with my money and also how to spot scams before they happen," he said at the POSB Your Neighbourhood Carnival.

Minister for Home Affairs and Law K. Shanmugam attended the event with members of Nee Soon Town Council.