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Banqer

Great financial literacy!

Banqer is an excellent tool for teaching financial literacy and provides great opportunities for extending students, especially those with strong analytical and mathematical skills. One standout example in my class was a gifted mathematician who worked out that the interest earned from a term deposit would exceed the interest charged on a loan. They approached me to request a Banqer loan, demonstrating clever thinking and a strong ability to maximise financial returns. Banqer challenges high-achieving students by encouraging them to explore advanced concepts such as interest rates, borrowing, and investing. It fosters creativity, problem-solving, and real-world application of maths while helping students develop practical financial skills. Its flexibility makes it a powerful and engaging programme. In my experience, Banqer captivates certain students who quickly become deeply engaged. These students often ask to log in during class and even use Banqer at home. Their enthusiasm for financial strategies leads to impressive results—typically, these students achieve much greater net worth than their peers, despite starting with the same weekly income. It’s a clear example of how informed decisions, such as saving and investing wisely, can lead to long-term financial success. Banqer effectively demonstrates real-world lessons in wealth building, where the rich truly do get richer!

Avatar of Vanessa Ireland
Vanessa Ireland