Colorado Standards Alignment

We compared our curriculum and the core financial literacy concepts that are covered in our Budget and Stock Games to the social studies standards for the state of Colorado.

A list of the Colorado Personal Financial Literacy Expectations are below, along with a selection of activities from our games and library that align with each standard. Our curriculum library contains over 300 total lessons that can be customized for every class, so this may not include every lesson that may apply for each standard.

Legend:

  • : Long-Term Game
  • : Comprehensive Chapter
  • : Short Lesson
  • : Interactive Calculator
  • : Includes Automatically-Graded Assessment
StandardActivity
Design, analyze, and apply a financial plan based on short- and long-term financial goals
Develop a financial plan including a budget based on short- and long- term goals.Budget Game – Core Component
Lesson – Budgeting
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Lesson – Pay Yourself First
Lesson – Preparing For Retirement
Analyze financial information for accuracy, relevance, and steps for identity protection.Lesson – What is an Income Statement?
Lesson – What is a Balance Sheet?
Lesson – What Is A Cash Flow Statement
Lesson – Receipts – Keeping and Tossing
Describe factors affecting takehome pay.Budget Game – Core Component
Lesson – Income and Compensation
Lesson – Tax Filing and the Form 1040
Identify sources of personal income and likely deductions and expenditures as a basis for a financial plan.Lesson – Income and Compensation
Lesson – Tax Filing and the Form 1040
Lesson – Taxation Overview
Lesson – Common Tax Deductions
Lesson – Common Tax Additions
Describe legal and ethical responsibilities regarding tax liabilities.Lesson – Tax Filing and the Form 1040
Lesson – Taxation Overview
Lesson – Sales Tax
Analyze strategic spending, saving, and investment options to achieve the objectives of diversification, liquidity, income, and growth.
Compare and contrast the variety of investments available for a diversified portfolio.Stock Game – Core Component
Lesson – Building a diversified portfolio
Lesson – Investing Strategies
Evaluate factors to consider when managing savings and investment accounts.Investing101 Certification
Lesson – Preparing For Retirement
Lesson – What is Wealth?
Explain how economic cycles affect personal financial decisions.Lesson – The Business Cycle
Lesson – Risk
Lesson – Importance of Interest Rates
Describe the appropriate types of investments to achieve the objectives of liquidity, income and growth.Investing101 Certification
Lesson – Building a diversified portfolio
Lesson – Investing Strategies
The components of personal credit to manage credit and debt
Analyze various lending sources, services, and financial institutions.Lesson – Short-Term Financing
Lesson – Using Credit
Lesson – Good Debt, Bad Debt
Investigate legal and personal responsibilities affecting lenders and borrowers.Lesson – Managing Debt
Make connections between building and maintaining a credit history and its impact on lifestyle.Lesson – Credit Reports
Identify, develop, and evaluate risk-management strategies
Differentiate between types of insurance.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Rental Agreements and Homeowner’s Associations
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Explain the function and purpose of insurance.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Rental Agreements and Homeowner’s Associations
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Select and evaluate strategies to mitigate risk.Lesson – Risk Lesson Protecting Against Fraud
Manage personal credit and debt
Identify and differentiate between purposes and reasons for debtLesson – Short-Term Financing
Lesson – Using Credit
Lesson – Good Debt, Bad Debt
Lesson – Mortgages
Analyze benefits and costs of credit and debtLesson – Short-Term Financing
Lesson – Using Credit
Lesson – Good Debt, Bad Debt
Lesson – Mortgages
Compare sources of credit Lesson – Short-Term Financing
Describe the components of a credit history Lesson – Credit Reports
Lesson – Using Credit
Graphs, tables and equations can be used to distinguish between linear and nonlinear functions
Analyze how credit and debt impact personal financial goals Budget Game – Core Component
Lesson – Pay Yourself First
Lesson – Managing Bills
The distribution of resources influences economic production and individual choices
Explain the role of taxes in economic production and distribution of resources Lesson – Labor and Productivity
Lesson – What are Price Controls?
Lesson – Fiscal Policy Explained
Lesson – Government Impact on the Economy
Define the various types of taxes students will pay as adults Lesson – Taxation Overview
Lesson – Sales Tax
Lesson – Tax Filing and the Form 1040
Lesson – Income and Compensation
Demonstrate the impact of taxes on individual income and spending Lesson – Fiscal Policy Explained
Lesson – Time Value of Money
Lesson – Taxation Overview
Various factors that influence production, including resources, supply and demand, and price, affect individual consumer choices over timeLesson – Family Planning
Lesson – Externalities
Lesson – The Importance of Interest Rates
Lesson – Supply and Demand Examples in the Stock Market
Saving and investing are key contributors to financial well-being
Differentiate between saving and investing Budget Game – Core Component
Stock Game – Core Component Investing101 Certification
Lesson – Building Wealth
Give examples of how saving and investing can improve financial well-beingBudget Game – Core Component
Lesson – Pay Yourself First
Lesson – Preparing for Retirement
Lesson – Preparing for Long-term Purchases
Lesson – Family Planning
Lesson – Building Wealth
Describe the advantages and disadvantages of saving for short and medium-term goalsBudget Game – Core Component
Lesson – Pay Yourself First
Explain the importance of an emergency fund Budget Game – Core Component
Lesson – Pay Yourself First
Lesson – Preparing for Retirement
Lesson – Preparing for Long-term Purchases
Explain why saving is a prerequisite to investingBudget Game – Core Component
Lesson – Pay Yourself First
Lesson – Preparing for Retirement
Lesson – Preparing for Long-term Purchases
Explain how saving and investing income can improve financial well-being Budget Game – Core Component
Lesson – Pay Yourself First
Lesson – Preparing for Retirement
Lesson – Preparing for Long-term Purchases
Use of financial institutions to manage personal finances
Identify different financial institutions Lesson – Banks, Credit Unions, and Savings and Loans
Identify the products and services of financial institutions to include but not limited to: checking accounts, savings accounts, investments, and loansLesson – Banks, Credit Unions, and Savings and Loans
Compare and contrast financial institutions, their products, and services Lesson – Banks, Credit Unions, and Savings and Loans
The relationship between choice and opportunity cost
The relationship between choice and opportunity costBudget Game – Core Component
Lesson – Opportunity Cost
Lesson – Pay Yourself First
Analyze different choices and their opportunity costsBudget Game – Core Component
Lesson – Opportunity Cost
Lesson – Pay Yourself First
Give examples of the opportunity costs for individual decisionsBudget Game – Core Component
Lesson – Opportunity Cost
Lesson – Pay Yourself First
Identify risks that individuals faceLesson – Risk
Lesson – Importance of Interest Rates
Lesson – The Business Cycle
Lesson – Preparing for Spending Shocks
Analyze methods of limiting financial riskBudget Game – Core Component
Lesson – Risk
Lesson – Protecting Against Fraud
Lesson – Life Insurance
Describe how to meet short term financial goals
Identify sources of income including gifts, allowances, and earnings Lesson – Income and Compensation
Recognize that there are costs and benefits associated with borrowing to meet a short-term financial goalLesson – Short-Term Financing
Identify jobs children can do to earn money for personal, philanthropic, or entrepreneurial goalsLesson – Income and Compensation
Lesson – Career Development
Lesson – Charitable Giving
Create a plan for a short-term financial goal Lesson – Budgeting
Lesson – Spending and Saving Plans
Describe the steps necessary to reach short-term financial goals Lesson – Budgeting
Lesson – Spending and Saving Plans
Identify short-term financial goals
Define a short-term financial goalLesson – Budgeting
Lesson – Spending and Saving Plans
Identify examples of short-term financial goals Lesson – Budgeting and Spending Strategies
Lesson – Managing Bills
Lesson – Building Wealth
Discuss sources of income needed to meet short-term goals such as but not limited to gifts, borrowing, allowances, and income Budget Game – Core Component
Lesson – Income and Compensation
Quantitative reasoning is used to make sense of quantities and their relationships in problem situations
Describe factors affecting take-home pay and calculate the impact.Budget Game – Core Component
Lesson – Income and Compensation
Lesson – Tax Filing and the Form 1040
Design and use a budget, including income (net take-home pay) and expenses (mortgage, car loans, and living expenses) to demonstrate how living within your means is essential for a secure financial future.Budget Game – Core Component
Lesson – Income and Compensation
Lesson – Budgeting and Spending Strategies
Lesson – Pay Yourself First Activity – Use the Car Loans Calculator
How much money is enough for retirement?Activity – Use the Saving to be a Millionaire Calculator
Lesson – Preparing for Retirement
What is the return on investment of post-secondary educational opportunities?Lesson – Student Loans
Lesson – Career Development
Lesson – How To Choose an Internship
Formulate, represent, and use algorithms to compute with flexibility, accuracy, and efficiency
Using the four operations analyze the relationship between choice and opportunity costLesson – What is Opportunity Cost?
The scarcity of resources affects the choices of individuals and communities
Decisions must be made if there is a limited amount of income and the need for a costly good or service. For example, you may borrow, save, or get a new job to make the purchase. Lesson – Career Development
Lesson – Managing Bills
Lesson – Pay Yourself First
Lesson – Spending and Savings Plans
Apply decision-making processes to financial decisions
Identify components of financial decision-making including gathering, evaluating, and prioritizing information based on a financial goal, and predicting the possible outcome of a decisionLesson – Preparing for spending shocks
Lesson – Planning Long Term Purchases
Lesson – Research Spending
Differentiate between a long-term and a short-term goal Activity – Use the Investment Return Calculator
Lesson – Investing Strategies
Lesson – Preparing for spending shocks
Lesson – Pay Yourself First
Lesson – Planning Long Term Purchases
Functions model situations where one quantity determines another and can be represented algebraically, graphically, and using tables.
Knowledge of how to interpret rate of change of a function allows investigation of rate of return and time on the value of investments.Stock Game – Core Component
Activity – Use the Investment Return Calculator
Investing101 Certification
Quantitative relationships in the real world can be modeled and solved using functions
Analyze the impact of interest rates on a personal financial plan.Lesson – The Importance of Interest Rates
Evaluate the costs and benefits of credit.Lesson – Good Debt, Bad Debt
Analyze various lending sources, services, and financial institutions.Lesson – Banks, Credit Unions, and Savings and Loans
Lesson – Short-Term Financing
How much would today’s purchase cost tomorrow?Activity – Use the Net Present Value Calculator
Number patterns are based on operations and relationships
Use patterns to solve problems including those involving saving and checking accountsLesson – Debit Cards
Activity – Use the Compound Interest Calculator
Explain, extend, and use patterns and relationships in solving problems, including those involving saving and checking accounts such as understanding that spending more means saving lessBudget Game – Core Component
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Lesson – Pay Yourself First
Probability models outcomes for situations in which there is inherent randomness
Analyze the cost of insurance as a method to offset the risk of a situation.Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
How does probability relate to obtaining insurance?Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Comprehension of probability allows informed decisionmaking, such as whether the cost of insurance is less than the expected cost of illness, when the deductible on car insurance is optimal, whether gambling pays in the long run, or whether an extended warranty justifies the cost. Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance

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