Money Island at

I’ve just visited Money island which is being promoted heavily on TV at the moment. I’m interested in the whole field of finance education but that’ll be another posting 🙂

So, I visited and it’s a kid oriented kind of game. First thing is entering your name, cool. It’s all in flash so I can’t give links to individual games.

First, I went to Sty Wars where you have to move along a playing board and make choices about the bank you want to use. The first time I played I “bad bank choices” because I picked the bank with the highest interest rates – yet with savings I would have thought that the interest rates quoted were for deposits, not overdrafts. I got confused. The second time ’round I only ever had enough $ for one of the banks because of the minimum deposit criteria. Personally I’d pick a bank based on other factors and if it meant I had to keep a minimum deposit higher than my current savings I’d just wait and then open the account.

Sty Wars screenshot

Next stop, loans at the Zeppelin but I couldn’t get the maths to work!
Zeppelin screenshot

So, I can only afford to pay $9 a week, huh?
Well, working on simple maths and not getting too technical about it here were my options

  • Pointy Fins Loans with interest at 4% and a total interest bill of $10 making the total expense of $77 with 8 weeks to pay back the loan.
    Well, I actually checked this with a calculator but $9 x 8 weeks = $72 so it’ll actually take 9 weeks to clear this loan. But this was the right answer, presumably because the $10 interest bill was least.
  • Sharky and Sharky with interest at 5.4% and a total interest bill of $16 – supposedly being paid over 9 weeks – but again, they’ll need the extra week to pay the final amount.
  • The Basking Bank with interest at 6%

What’s sad, is I didn’t want to be disappointed here, I wanted this to be a great educational tool for kids to learn about compound interest, saving etc. But I’m typing as I view so bear with me.

The Time Warp – Earning Income

We’ve been given $10 pocket money but have gone to the movies with friends which cost $15 so now we’ve got a 5 overdraft. What!!! Surely, you don’t go to the movies if you don’t have the money. The movies aren’t what you go into overdraft for!

Timewarp screenshot

What made it funny was that once you were in this section, there was no easy way back to the rest of the game so you had to bomb out and lose the credit you’d got on the previous games.

Birthday Bash – well I got the hang of this but it was dull and not well explained.

Cash Register – this is good and it’s simple maths with plenty happening. Features our ill-fated 5c coins. A much longer game and the most fun so far.

Cash Dash – this is based on the same options as the Time Warp but with the player chooses to click the “risk or reward” button – but again rather than saying you have to stay home while your friends go to the movies it lets you go and puts you into overdraft.

Moana Mall on the Dollar Reef – a thoroughly annoying matching game.

School Trip Trek – this is good. You have vouchers and technically more than enough money but you have to forgo outings to the movies, and to pay for the window you broke playing cricket. I especially love the bit where catching the bus costs $5 – about right for Stagecoach. Even though I failed I still got the Star Trek beam me up scotty effect at the end – and I thought I made “good choices” 🙁

It’s a good tool but not one that I think kids will be asking to return to frequently.


Recent Comments



  1. December 5, 2006

    i love this website

  2. jojo
    April 23, 2007

    hey this is koool

  3. anon
    March 17, 2014

    get money island back if it werent for that programme then my daughter would not be a straight a student but now my son needs it where did it go? he is failing at everything and i am desperate!!!!!!!!!!

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