Dr. Zdědil and Mr. Zdražil

The Dr. Zdědil and Mr. Zdražil program is an experiential educational initiative aimed at developing financial literacy among students in grades 6–9 of primary school and grades 1–4 of secondary school. The program’s goal is to allow students to experience several months of adult life through a simulation game, in which they learn to make responsible financial decisions and understand the consequences of various financial choices in real-life contexts. The program supports the development of personal competencies and prepares students for independent financial decision-making. It is designed for groups of 20–30 students and has a duration of approximately four hours.

The program is intended for upper primary and secondary school students and focuses on three main areas: Financial Literacy, Responsible Decision-Making, and Development of Critical Thinking.

Key Activities and Student Experience
During the program, students receive their first salary, an assigned credit card, and the opportunity to take out loans with interest. The simulation game includes a variety of realistic financial situations, such as unexpected expenses, loan offers, investment opportunities, and personal or family budget planning. Students use simple software to monitor their income and expenses, helping them maintain an overview of their financial situation.

The game is complemented by reflective discussions in which students analyze their decisions, evaluate successes and mistakes, and consider alternative approaches. This process promotes critical thinking, planning skills, analytical abilities, and responsible decision-making. The program emphasizes active participation of all students and motivates them to think independently and apply their acquired knowledge in practical contexts.

Program Features and Principles
The program combines theoretical knowledge of finance with practical experience through experiential learning. It emphasizes responsible and ethical financial behavior, the ability to plan and anticipate the consequences of decisions, and the connection between personal finances and environmental responsibility—for example, students may consider environmentally friendly purchases or investments. The program’s principles include a practical approach, active engagement, reflection on experience, and the opportunity to experiment safely without real-world risks.

Methodology and Structure
The program is structured as a four-hour simulation game facilitated by a trained instructor. The methodology includes an introductory session outlining rules and objectives, followed by financial decision-making within realistic scenarios, continuous reflection, and a concluding discussion. The facilitator provides students with the necessary tools, monitors the game’s progress, and guides discussion on the consequences of individual decisions. The program enables students to learn actively through experience and to apply theoretical knowledge in practice.

Expected Outcomes and Value
Participants acquire practical financial skills, learn to plan income and expenses, understand the importance of investments and loans, and critically evaluate financial information. The program develops problem-solving, communication, collaboration, planning, and reflective decision-making skills. Students strengthen their self-confidence, responsibility, and ability to make informed decisions in real-life situations. Simultaneously, facilitators gain methodological experience and practical materials that can be applied in further student education and competency development.