Opportunity cost is one of the most essential concepts in economics and personal finance—and one of the most useful for students to understand early on. To help bring this idea to life in your classroom, we’ve created a downloadable lesson plan that’s simple to implement and built for engagement. Inside this resource, you’ll find: This Read More…
Interview with Leesa Hudak, a High School Finance and Economics Teacher at Bow High School in New Hampshire. Overview In this case study, we explore how a high school teacher uses stock market simulations to deepen financial literacy and economic understanding across multiple classes, ranging from introductory finance to advanced investing. Through long-term simulations, student-created Read More…
When we think of personal finance, it’s easy to box it into one neat academic category: economics. But money—how we earn it, spend it, save it, and think about it—intersects with nearly every part of our lives. So why limit it to just one classroom? By weaving personal finance into subjects across the curriculum, schools Read More…
Many students are excited to earn their first paycheck, but it often comes as a surprise when that paycheck is smaller than expected. This is a great opportunity to introduce the topic of taxes in a way that feels relevant to their lives. Why It’s Important for Students to Learn About Taxes For many students, Read More…
Financial literacy is more than a checklist of topics, it’s a lifelong skill that students must internalize through active engagement, decision-making, and reflection. At PersonalFinanceLab, we believe that the best way to teach financial concepts is by letting students live them — virtually, of course — in safe but realistic simulations that mirror the financial Read More…
Our latest feature, the Wealth Whiz Quiz, transforms the Study option in the budget game into an interactive and educational experience, perfect for weekend learning. Why Add a Quiz Mini-Game? The Wealth Whiz Quiz is designed to make financial literacy exciting for students while reinforcing essential concepts. It turns studying into a fun, game show-style Read More…
Learning about the stock market can be tricky for students, especially when they are just starting to understand the concepts of sectors and industries. Finding stocks to build a diversified portfolio can feel overwhelming. To help, we’re excited to introduce PersonalFinanceLab’s newest feature: Stocks by Sector. Introducing Stocks by Sector Stocks by Sector is an Read More…
Life is full of surprises, but not all of them are pleasant, especially when it comes to our finances. Unexpected expenses, also known as “Spending Shocks,” can derail even the most carefully crafted budgets, leaving you scrambling to cover the cost. According to CBS, over 60% of Americans would struggle to handle a $500 spending Read More…
As your students explore PersonalFinanceLab, they’re not only dealing with budget details but also shaping their financial futures. We understand the importance of giving them tools that go beyond numbers. That’s why we’re excited to introduce our new presentation templates on economic concepts, making complicated financial topics easier for your students to grasp. What are Read More…
Teaching personal finance is super important, but it can be a real hassle for teachers. It takes up a lot of their time and energy, which can lead to burnout. That’s where PersonalFinanceLab comes in! We get it and want to make things easier for educators. Our Teacher Resources page is like a gold mine Read More…
In the world of educational technology, support matters as much as the tools themselves. PersonalFinanceLab understands this and stands out with its dedicated account managers. Every teacher at every school has their own dedicated account manager, whose main focus is ensuring teachers are using the PersonalFinanceLab platform with confidence, and being the teachers main point Read More…
PersonalFinanceLab.com is used by nearly 1,000 teachers each year and we love getting to know each and every one of them! Everyday we are impressed by their dedication and the many unique and innovative ways to teach students about Personal Finance. Today we celebrate one of our many outstanding educators — Terry Ley, a high Read More…
PersonalFinanceLab.com is used by nearly 1,000 teachers each year. In our conversations with many of them throughout the year, we are constantly impressed by their dedication and the many unique and innovative ways to teach students about Personal Finance. Today we celebrate one of our many outstanding teachers. Robert Fredette, a 10th grade Financial Independence teacher. Read More…