Varsity Tutors and Hasbro Partner to Teach Kids Financial Literacy Through Monopoly© Summer Camp Experience

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Monopoly comes to life in week-long interactive camp for kids

PAWTUCKET, R.I. and ST. LOUIS – June 9, 2022 – Varsity Tutors, a Nerdy (NYSE: NRDY) company, and one of the nation’s largest platforms for live online tutoring and classes, is teaming up with Hasbro (NASDAQ: HAS), a global play and entertainment company committed to Creating the World’s Best Play and Entertainment Experiences, for a live week-long financial literacy camp for kids: Monopoly’s Money Matters Financial Literacy Camp.

The world’s favorite board game, Monopoly, is being brought to life in an interactive camp from Varsity Tutors to help learners develop the tools for lifetime financial success. Through live, expert-led lessons and Monopoly-based simulations, campers will learn budgeting and personal finance, marketing and entrepreneurship, and economics and business strategy – all through a gamified experience that’s fun from the moment campers pass Go.

Monopoly’s Money Matters camp sessions meet for two hours each weekday, and campers are placed in small groups of six to nine, ensuring maximum participation, guidance, and collaboration. Each day, an expert instructor will lead campers through interactive activities, discussions, and Monopoly simulations as they master a new financial topic. Campers will develop their own Monopoly “house rules,” properties, cards, and strategies to put their newfound knowledge to use. When daily sessions end, campers can head to their Camp Clubhouse for even more monetary activities to monopolize their time, including challenge quizzes, printable activities, and more.

Week-long camps start in June and run through August. Each Money Matters Financial Literacy camp costs $250 per camper. 

“Monopoly is known as the world’s most iconic board game, but it’s also a timeless tool for introducing kids to the fundamentals of personal finance,” said Brian Galvin, Chief Academic Officer at Varsity Tutors. “A number of real world finance concepts and scenarios are rolled up into the game of Monopoly, making it a fun and entertaining way to teach kids about the mechanics of money.”

A survey by the National Endowment for Financial Education found that 88% of adults believe their state should require either a semester or year long personal finance course for graduation. By being taught about financial risks, children will be better versed to avoid financial debt and bankruptcy in the future. They may also be more inclined to plan for events in the future, such as saving for a holiday, investing in property, or even putting money aside for retirement.

According to studies, Americans currently demonstrate relatively low levels of financial literacy and have difficulty applying financial decision-making skills to real life situations. In the U.S., only 34% of individuals can answer four or five questions on a basic five-question financial literacy quiz correctly.

Virtual Summer Camps from Varsity Tutors, now in its third year, have been headlined by celebrity instructors such as Mayim Bialik, Stevie Van Zandt, astronaut Leland Melvin, and Coyote Peterson. These camps aim to keep kids’ minds engaged and learning skills sharp during the summer. Large group StarCourse classes hosted by Varsity Tutors have also been led by renowned organizations such as Dreamworks, The Smithsonian Institution, The Field Museum, Coinbase, The New York Stock Exchange and many more. 

Nerdy offers a wide range of subjects on its learning platform – over 3,000 and counting – and has delivered personalized learning across multiple learning formats including one-on-one instruction, small group classes, large format group classes, and adaptive self-study.

A full summer camp schedule is available here.

About Nerdy Inc.

Nerdy (NYSE: NRDY) is a leading platform for live online learning, with a mission to transform the way people learn through technology. The Company’s purpose-built proprietary platform leverages technology, including AI, to connect learners of all ages to experts, delivering superior value on both sides of the network. Nerdy’s comprehensive learning destination provides learning experiences across 3,000+ subjects and multiple formats—including one-on-one instruction, small group classes, large format group classes, and adaptive self-study. Nerdy’s flagship business, Varsity Tutors, is one of the nation’s largest platforms for live online tutoring and classes. Its solutions are available directly to students and consumers, as well as through schools and other institutions. Learn more about Nerdy at https://www.nerdy.com/.

About Hasbro

Hasbro (NASDAQ: HAS) is a global play and entertainment company committed to making the world a better place for all children, fans and families. Hasbro delivers immersive brand experiences for global audiences through consumer products, including toys and games; entertainment through eOne, its independent studio; and gaming, led by the team at Wizards of the Coast, an award-winning developer of tabletop and digital games best known for fantasy franchises MAGIC: THE GATHERING and DUNGEONS & DRAGONS.

The Company’s unparalleled portfolio of approximately 1,500 brands includes MAGIC: THE GATHERING, NERF, MY LITTLE PONY, TRANSFORMERS, PLAY-DOH, MONOPOLY, BABY ALIVE, DUNGEONS & DRAGONS, POWER RANGERS, PEPPA PIG and PJ MASKS, as well as premier partner brands. For the past decade, Hasbro has been consistently recognized for its corporate citizenship, including being named one of the 100 Best Corporate Citizens by 3BL Media and one of the World’s Most Ethical Companies by Ethisphere Institute. Important business and brand updates are routinely shared on our Investor Relations website, Newsroom and social channels (@Hasbro on Twitter, Instagram, Facebook and LinkedIn.)

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