Georgia 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 Georgia.

A list of the Social Studies Georgia Standards of Excellence 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
Evaluate various sources of income and analyze variables that affect a person’s income.
Analyze income as a scarce resource that must be allocated.Budget Game – Core Component
Lesson – Budgeting
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Lesson – Pay Yourself First
Compare different types of income including hourly wages, salary, tips, independentcontractor services (Form 1099), dividends, and capital gains.Lesson – Income and Compensation
Lesson – What is Money?
Lesson – Investing Strategies
Lesson – Dividends and Changes of Ownership
Lesson – Taxation Overview
Analyze how career choice, education, skills, and economic conditions are related to income and levels of unemployment.Lesson – Income and Compensation
Lesson – Career Development
Lesson – Unemployment and other programs
Lesson – Unemployment
Lesson – Labor and Productivity
Describe how income taxes affect disposable income.Budget Game – Core Component
Lesson – Taxation Overview
Lesson – Tax Filing and the Form 1040
Review and complete a sample federal individual income tax form 1040EZ or 1040A.Lesson – Tax Filing and the Form 1040
Describe the basic components of a pay-stub including gross pay, net pay, and commondeductions (i.e. federal and state income tax, Federal Insurance Contributions Act (FICA– which includes Social Security and Medicare), and elective deductions like insuranceand tax-deferred savings).Budget Game – Core Component
Lesson – Income and Compensation
Lesson – Payroll Best Practices
Describe how budgeting and actively reviewing finances can be used to allocate scarce income.
Explain the importance of setting short-term, medium-term, and long-term savings goals.Lesson – Pay Yourself First
Lesson – Preparing for spending shocks
Lesson – Preparing For Retirement
Lesson – Planning Long Term Purchases
Lesson – Family Planning
Activity – Use the Saving to be a Millionaire Calculator
Differentiate between needs and wants.Budget Game – Core Component
Lesson – Budgeting
Lesson – Pay Yourself First
Analyze the basic components of a personal budget including income, expenses, and savings.Budget Game – Core Component
Lesson – Budgeting
Lesson – Pay Yourself First
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Explain how to reconcile a checking account, either online or on paper, including how to account for transactions that have not been posted (i.e. checks or weekend debit card transactions).Lesson – Automatic Payments
Lesson – Debit Cards
Describe overdraft fees including why they are assessed and how to avoid them.Lesson – Debit Cards
Explain the concept of net worth.Budget Game – Core Component
Activity – Use the Net Worth Calculator
Lesson – What is Wealth?
Evaluate different methods for paying for goods and services.
Describe advantages and disadvantages of paying for goods and services with cash,checks, debit cards, credit cards, and other options.Budget Game – Core Component
Lesson – Using Credit
Lesson – Credit Cards
Lesson – Debit Cards
Lesson – Short-term Financing
Compare and contrast debit, credit, and prepaid cards in terms of how they work,acceptability, and the costs associated with each.Budget Game – Core Component
Lesson – Using Credit
Lesson – Credit Cards
Lesson – Debit Cards
Lesson – Short-term Financing
Lesson – What is Money?
Explain how to avoid fees when using debit, credit, and pre-paid cards.Budget Game – Core Component
Lesson – Using Credit
Lesson – Credit Cards
Lesson – Debit Cards
Explain the major consumer protections related to debit, credit, and pre-paid cards, especially if they are lost or stolen.Lesson – Credit Cards
Lesson – Debit Cards
Lesson – Protecting Against Fraud
Evaluate alternatives for life after high school including college, technical school,internships, working, military, doing nothing (taking a “gap year”), traveling, or otheroptions.
Use a rational decision making model to identify the most appropriate alternative from the options in SSPFL4.Lesson – Career Development
Lesson – Work or Study
Lesson – How To Choose an Internship
Lesson – Student Loans
Describe opportunity cost as it relates to the options in SSPFL4.Lesson – Opportunity Cost
Lesson – Career Development
Lesson – Labor and Productivity
Evaluate costs and benefits of various ways to pay for post-high school life including scholarships, employment, work-study programs, loans, grants, savings, prior investments, and other options.Lesson – Work or Study
Lesson – Career Development
Lesson – Biggest Mistakes of Job Seekers
Describe the importance of credit and having a favorable credit score.
Define credit and interest rates.Lesson – Using Credit
Lesson – Credit Cards
Lesson – Good Debt, Bad Debt
Lesson – The Importance of Interest Rates
Describe factors that affect credit worthiness and the ability to receive favorable interestrates including character (credit score), collateral, and capacity to pay.Lesson – Credit Reports
Lesson – Mortgages
Describe the basic components of a credit score including payment history, debt toincome ratio, amount owed, length of credit history, types of credit used, amount ofavailable credit, and recent credit applications.Lesson – Credit Reports
Lesson – Using Credit
Describe different ways financial institutions, employers, and other parties use credit reports and credit scores.Lesson – Credit Reports
Lesson – Managing Debt
Describe how to access one’s credit report and credit score.Lesson – Credit Reports
Analyze and evaluate a sample credit report.Lesson – Credit Reports
Explain how to begin building a good credit history at an early age.Budget Game – Core Component
Explain causes of personal bankruptcy and describe consequences of declaring bankruptcy.Lesson – Bankruptcy
Lesson – Good Debt, Bad Debt
Lesson – Credit Reports
Analyze the purpose and functions of various financial institutions.
Analyze services offered by different financial institutions including banks, credit unions, payday lenders, and title pawn lenders.Lesson – Banks, Credit Unions, and Savings and Loans
Lesson – Short-Term Financing
Explain that some financial institutions are for profit and others are non-profit and how that affects the lending behavior of the institution.Lesson – Banks, Credit Unions, and Savings and Loans
Compare the benefits and drawbacks of different financial institutions including banks,credit unions, payday lenders, and title pawn lenders.Lesson – Banks, Credit Unions, and Savings and Loans
Explain how interest rates affect various consumer decisions.
Explain how actions taken by the Federal Reserve System affect interest rates.Lesson – What is the Federal Reserve?
Compare interest rates on loans and credit cards from different institutions including banks, credit unions, pay-day loan facilities, and title-pawn.Lesson – Short-Term Financing
Lesson – Using Credit
Define annual percentage rate and analyze how different interest rates can affect monthly payments on loans.Lesson – Importance of Interest Rates
Lesson – Credit Cards
Activity – Use the Credit Card Payments Calculator
Activity – Use the Car Loans Calculator
Explain the difference between simple and compound interest and the difference between fixed and variable interest.Lesson – Mortgages
Lesson – Importance of Interest Rates
Activity – Use the Compound Interest Calculator
Define nominal and real returns and explain how inflation affects savings and investment accounts earning interest.Lesson – Inflation
Lesson – The Importance of Interest Rates
Activity – Use the Saving to be a Millionaire Calculator
Activity – Use the Investment Return Calculator
Evaluate reasons for and various methods of investment.
Evaluate the risk and return of a variety of savings and investment options including savings accounts, certificates of deposit, stocks, bonds, and mutual funds.Stock Game – Core Component
Investing101 Certification
Lesson – Investing Strategies
Lesson – Building a Diversified Portfolio
Activity – Use the Investment Return Calculator
Explain the advantages of using tax-advantaged retirement planning including a tradition Individual Retirement Account (IRA), a Roth IRA, a myRA, and a company 401K or403b.Lesson – Preparing For Retirement
Describe the importance of diversification investing.Lesson – Building a Diversified Portfolio
Describe the differences in strategies used for long-term investing vs. short term investing.Stock Game – Core Component
Investing101 Certification
Lesson – Investing Strategies
Lesson – Building a Diversified Portfolio
Describe how insurance and other risk-management strategies protect against financial loss.
Define insurance as an agreement where one party agrees to pay for another’s damage orloss in exchange for payment.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Define risk as it relates to various assets (i.e. your person, property, or investments).Lesson – Risk
Lesson – Investing Strategies
Lesson – Building Wealth
Describe various types of insurance including automobile, health, life (whole and term),disability, and property.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Review and describe the basic components of a sample automobile, health, and property insurance policy.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Health Insurance
Analyze different methods for obtaining health insurance including through an employer, private purchase, Consolidated Omnibus Budget Reconciliation Act (COBRA), andthrough various health insurance exchanges.Lesson – Health Insurance
Lesson – Income and Compensation
Analyze the costs and benefits associated with different types of insurance, including co-pays, deductibles, premiums, shared liability, and asset protection.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Define insurability and explain why insurance rates can vary.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance
Describe how government taxing and spending decisions affect consumers.
Define progressive, regressive, and proportional taxes.Lesson – Sales Tax
Lesson – Tax Overview
Analyze the purpose of different types of taxes including income, property, sales, excise,and capital gains.Lesson – Sales Tax
Lesson – Tax Overview
Lesson – Common Tax Deductions
Lesson – Common Tax Additions
Explain how an increase in sales tax affects different income groups.Lesson – Sales Tax
Lesson – Tax Overview
Describe government programs designed to provide assistance to low income individuals such as the Supplemental Nutrition Assisstance Program (SNAP) (including the specialprogram for Women, Infants, and Children (WIC)), Medicaid, State Children’s HealthInsurance Program (SCHIP), and public housing.Lesson – Unemployment and other programs
Lesson – Government impact on the economy
Lesson – Employer and Employee Rights and Responsibilities
Explain how unemployment insurance is provided by federal and state governments.Lesson – Unemployment and other programs
Explain and evaluate various forms of consumer protection.
Describe the roles of the Securities and Exchange Commission (SEC), Federal TradeCommission (FTC), National Credit Union Association (NCUA), Federal Deposit Insurance Corporation (FDIC), and the Consumer Financial Protection Bureau (CFPB) inprotecting consumers.Investing101 Certification
Lesson – What is the Federal Reserve?
Lesson – Government impact on the economy
Compare different methods for lodging consumer complaints (e.g., Better BusinessBureau, usa.gov/consumer-complaints, direct contact with business).Lesson – Consumer rights and responsibilities
Explain the primary purpose of important consumer legislation including the Truth inLending Act, Fair Debt Collection Practices Act, Fair Credit Reporting Act, and theDodd-Frank Act.Lesson – Consumer rights and responsibilities
Explain sources of and protection against identity theft.
Describe common ways identity theft happens including dumpster diving, skimming,phishing, stealing, and hacking.Lesson – Protecting Against Fraud
Analyze ways to protect yourself from identity theft including shredding important documents, not opening attachments to unknown emails, not revealing personal information over the phone or email, using secure networks, regularly checking yourcredit score, and changing passwords on accounts.Lesson – Protecting Against Fraud
Lesson – Reconciling accounts
Lesson – What are Financial Records?
Describe steps that should be taken if a person is the victim of identity theft including getting replacement credit cards, freezing credit histories, alerting appropriate officials,and changing passwords.Lesson – Protecting Against Fraud
Describe the basic characteristics of investment scams such as Ponzi schemes, pump and dumps, and “advance fee” scams and how to avoid them.Investing101 Certification
Lesson – Protecting Against Fraud

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