We compared our curriculum and the core financial literacy concepts that are covered in our Budget and Stock Games to the personal finance standards for the state of Florida.
A list of the Florida Financial Literacy Strand of the Social Studies Standards are below, along with a selection of activities from our games and library that align with each standard. Compared to other states, Florida’s standards as part of the B.E.S.T. Mathematics curriculum uniquely takes advantage of a blend of our core Financial Literacy lessons and activities, many lessons from our Accounting curriculum, our core Economics concepts, as well as many of our activities that specifically leverage financial examples using spreadsheets (and data that can be exported from PFinLab games for spreadsheet exercises).
Students will learn through playing the interactive online games, as well as completing the self-graded lessons that were designed to keep young learners engaged.
When you order PersonalFinanceLab™ for your class, you’ll also get access to course outlines, lesson plans, student activities and grading rubrics that tie everything together.
Check out our course outlines, we’ll walk you through every step of the way!
We’re here to help engage your students to learn how to manage their money responsibly. Learn more about each of the main features and see how we can help transform your class.
Build your students confidence in the financial markets as they learn how to invest their money wisely.
Learn moreDiscover how the fully customizable platform can be tailored to fit the needs of your class by talking to a member of our team. Our curriculum specialists can guide you on how to integrate our lessons and games into your existing curriculum.
Schedule a callFind out which of our lessons or games reinforce the individual
knowledge statements from the Florida Social Studies Standards Financial Literacy Strand.
Legend:
Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment
Standard | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Build mathematical foundations for financial literacy. | ||||||
Extend previous knowledge of operations of fractions, percentages and decimals to solve real-world problems involving money and business. | Budget Game Percents, Fractions and Ratios The Importance of Interest Rates Inflation Using Spreadsheets – Calculating Daily Returns Using Spreadsheets – Graphing | |||||
Extend previous knowledge of ratios and proportional relationships to solve real-world problems involving money and business. | Budget Game Percents, Fractions and Ratios Using Spreadsheets – Comparing Car Loans Researching Spending | |||||
Solve real-world problems involving weighted averages using spreadsheets and other technology. | Using Spreadsheets – Calculating Profit and Loss from Trades | |||||
Develop an understanding of basic accounting and economic principles. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Given assets and liabilities, calculate net worth using spreadsheets and other technology. | Budget Game Net Worth Calculator What is Wealth? GAAP – Asset Accounting GAAP – Liability Accounting What is a Balance Sheet? Using Spreadsheets – Graphing | |||||
Solve real-world problems involving profits, costs and revenues using spreadsheets and other technology. | Cash Flow GAAP – Accounting Revenue and Expenses Using Spreadsheets – Calculating Profit and Loss from Trades Using Spreadsheets – Graphing | |||||
Explain how consumer price index (CPI), gross domestic product (GDP), stock indices, unemployment rate and trade deficit are calculated. Interpret their value in terms of the context. | Major Economic Indicators (GDP, CPI, Jobs) Gross Domestic Product What is Economic Growth? Inflation | |||||
Given current exchange rates, convert between currencies. Solve real-world problems involving exchange rates. | Stock Game – Forex Trading International Trade | |||||
Develop budgets that fit within various incomes using spreadsheets and other technology. | Budget Game Using Spreadsheets – Importing and Formatting Data GAAP – Accounting Revenue and Expenses Payroll Best Practices Income and Compensation Pay Yourself First All About Budgeting Spending and Savings Plans | |||||
Given a real-world scenario, complete and calculate federal income tax using spreadsheets and other technology. | Budget Game Income Taxes and Form 1040 | |||||
Describe the advantages and disadvantages of short-term and long-term purchases. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Compare simple, compound and continuously compounded interest over time. | Compound Interest Calculator Investment Return Calculator | |||||
Solve real-world problems involving simple, compound and continuously compounded interest. | Stock Game The Importance of Interest Rates Trading Bonds Using Credit Credit Card Interest Calculator Using Spreadsheets – Comparing Car Loans | |||||
Solve real-world problems involving present value and future value of money | Net Present Value Calculator | |||||
Explain the relationship between simple interest and linear growth. Explain the relationship between compound interest and exponential growth and the relationship between continuously compounded interest and exponential growth. | Importance of Interest Rates Compound Interest Calculator Investment Return Calculator | |||||
Compare the advantages and disadvantages of using cash versus personal financing options. | Budget Game What is Economics? Compound Interest Calculator Credit Card Payments Calculator Time Value of Money What is Opportunity Cost | |||||
Calculate the finance charges and total amount due on a bill using various forms of credit using estimation, spreadsheets and other technology. | Budget Game Credit Cards Using Credit Credit Card Payment Calculator | |||||
Compare the advantages and disadvantages of different types of student loans by manipulating a variety of variables and calculating the total cost using spreadsheets and other technology. | Student Loans | |||||
Calculate using spreadsheets and other technology the total cost of purchasing consumer durables over time given different monthly payments, down payments, financing options and fees. | Using Spreadsheets – Comparing Car Loans Car Loans Calculator | |||||
Compare the advantages and disadvantages of different types of mortgage loans by manipulating a variety of variables and calculating fees and total cost using spreadsheets and other technology. | Mortgages | |||||
Analyze credit scores qualitatively. Explain how short-term and long-term purchases, including deferred payments, may increase or decrease credit scores. Explain how credit scores influence buying power. | Budget Game Credit Reports Using Credit | |||||
Given a real-world scenario, establish a plan to pay off debt. | Budget Game Credit Card Payment Calculator | |||||
Given fixed costs, per item costs and selling price, determine the break-even point for sales volume. | Cash Planning Operating Ratios Managerial Accounting | |||||
Describe the advantages and disadvantages of financial and investment plans, including insurances. | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Calculate and compare various options, deductibles and fees for various types of insurance policies using spreadsheets and other technology. | Health Insurance Car Insurance Life Insurance | |||||
Compare the advantages and disadvantages for adding on a one-time warranty to a purchase using spreadsheets and other technology. | Budget Game Financial Records and Receipts | |||||
Compare the advantages and disadvantages of various retirement savings plans using spreadsheets and other technology. | Planning for Retirement | |||||
Collect, organize and interpret data to determine an effective retirement savings plan to meet personal financial goals using spreadsheets and other technology. | Planning for Retirement Life Insurance Spending and Savings Plans All About Budgeting Investing 101 Course. Chapter 01. Introduction to Investing | |||||
Simulate the purchase of a stock portfolio with a set amount of money, and evaluate its worth over time considering gains, losses and selling, taking into account any associated fees. | Stock Game What is a Stock? What is an ETF? What is a Mutual Fund? What are Bonds Investment Research How to Choose and Compare Stocks Understanding Price Movements Investing Strategies Use the Investment Return Calculator Investing 101 – Chapters 2-10 |
If you would like to learn more about PersonalFinanceLab, schedule a personalized demo, or get a Test Drive account to preview our games and lessons for yourself, please fill out the form below.