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Local social enterprise makes young people Moneywize

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Published 12 July 2015

A generation of young Dagenham residents will be financially fighting fit thanks to a game created by local social entrepreneur Dr Arinola Araba.

The “Moneywizer” game, which teaches children how to spend, borrow and budget responsibly was launched Tuesday 30 June at James Cambell Primary School, Dagenham. The game is part of a wider financial education programme delivered by Arinola and the bMoneywize team, which aims to instil good money management skills in children from an early age.

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The launch was attended by London Borough of Barking and Dagenham Mayor, Simon Bremner, who cut the ceremonial ribbon to kick the event off. Also in attendance were social entrepreneurs, pupils and staff from the school and local businesses.

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Pupils from the school gave a presentation about what they had learned from Moneywizer. Guests were then invited to play the game, which was widely praised for giving children a head start when it comes to being smart with their money.

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Arinola started bMoneywize and created the Moneywizer game at Starting Point, East Thames’ dedicated social enterprise facility in Barking, which offers office space, meeting rooms and support to community groups, and charities. She came up with the idea for the game when she was out of work, and wanted to teach her teenage daughter the value of money and the importance of careful spending. She said “I hope to bring more fun into the maths class and increase family conversations on money as more people, younger and older, get equipped with essential life, financial literacy and numeracy skills.”

Speaking at the event, London borough of Barking and Dagenham Councillor Lynda Rice said “It’s fun, informative and quick paced. That’s what kids like, and that’s what I like too. We’re looking forward to watching the children enjoy, play and learn.”

The game is available to pre-order from the bMoneywize website.

If you have a business, community or charity idea that you need help with, visit Starting Point for information on how they can support you.

For more information contact Jade Bradford on jade.bradford@east-thames.co.uk or 020 8522 3204