Giving Compass' Take:

• The Stock Market Game, a new online investing game designed to help teach college students financial literacy, is helping today's youths navigate the financial world and boost confidence, reports Education Dive. 

• How can this tool train the next generation of impact investors? What are some resources student can use to learn more about the financial world? 

• Here's how K-12 schools are using cryptocurrency to teach students financial literacy.

When most educators think about teaching their students financial literacy skills, balancing checkbooks, and paying bills on time are likely at the top of the list. But having some investing skills — for example, understanding how the stock market works, what a mutual fund is, and how a 401k is structured — is just as crucial to their financial health.

That was the main thought professors at Buffalo State University had about 40 years ago when they developed what’s now known today as The Stock Market Game. Designed for college students, the online investing game today reaches 600,000 people — aimed at students in grades 4-12 and their teachers — across all 50 states. It is now run by the Securities Industry and Financial Markets Association (SIFMA) Foundation, which took it over in 1977.

Students compete regionally, against other pupils, and there are awards given across 200 to 250 different regions, with separate winners at the elementary, middle and high school levels, SIFMA Foundation President Melanie Mortimer told Education Dive.

“It’s not an accident that we honor and recognize so many students,” she said. “It’s exciting to get to reward students for this kind of academic investment in themselves.”

Read the full article about financial literacy through gaming by Lauren Barack at Education Dive.