Students’ Reflections on the Benefits of a Financial Simulation Through “Thank You Notes”

As an instructional strategy, simulations have become common in the field of education. While they have been effective at imparting knowledge and skills, not all simulation experiences meet their objectives. This study determined the effectiveness of a financial simulation, the Reality Store®, aimed at teaching financial literacy and life skills to youth. Data were collected from Thank You notes written by middle school students who had...