We compared our learning materials and the core financial literacy concepts that are covered in our Budget and Stock Games to the financial literacy standards for the state of Maine.
A list of the Maine Standards of Financial Literacy are below, along with a selection of activities from our games and library that align with each standard. Our Learning 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.
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 Maine Standards of Financial Literacy.
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 |
Grade 3 | ||||||
Students understand the nature of personal finance as well as key foundational ideas by describing situations in which personal choices are related to the use of money. | Budget Game – Core Component | |||||
Grade 4 | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Students understand the principles and process of personal finance by describing situations in which financial institutions can be used to manage money. |
Budget Game – Core Component Lesson – Banks, Credit Unions, and Savings and Loans | |||||
Grade 5 | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Students understand the principles and process of personal finance by describing situations in which choices are related to the use of financial resources and financial institutions. |
Budget Game – Core Component Stock Game – Core Component Lesson – Researching Spending | |||||
Grades 6-8 | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Explaining how scarcity influences choices and relates to the market economy. |
Lesson – Why is there Scarcity? Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism Lesson – Supply and Demand Examples in the Stock Market | |||||
Identifying factors that contribute to spending and savings decisions. |
Budget Game – Core Component Lesson – Budgeting Lesson – Budgeting and Spending Strategies Lesson – Spending and Savings Plans Activity – Use the Net Worth Calculator | |||||
Using a process for making spending and savings decisions based on work, wages, income, expenses, and budgets as they relate to the study of individual financial choices. |
Budget Game – Core Component Lesson – Income and Compensation Lesson – Pay Yourself First Lesson – Career Development Lesson – Preparing for Retirement Activity – Use the Saving to be a Millionaire Calculator | |||||
Grades 9-12 | Activity | Long-Term Game | Comprehensive Chapter | Short Lesson | Interactive Calculator | Graded Assessment |
Explaining how personal finance involves the use of economics as the basis for saving, investing and managing money. |
Budget Game – Core Component Stock Game – Core Component Investing101 Certification Course Lesson – Understanding Price Movements Lesson – Investing Strategies Lesson – Building a Diversified Portfolio Lesson – The Importance of Interest Rates Lesson – The Business Cycle | |||||
Identifying factors that impact consumer credit. |
Budget Game – Core Component Lesson – Using Credit Lesson – Credit Reports Lesson – Good Debt, Bad Debt Activity – Use the Credit Card Payments Calculator | |||||
Evaluating ways credit can be used. |
Budget Game – Core Component Stock Game – Core Component Lesson – Short-Term Financing Lesson – Mortgages Lesson – Buying a Car Lesson – Work vs Study Activity – Use the Car Loans Calculator Activity – Use the Buy vs Lease Calculator | |||||
Evaluating different strategies for money and risk management. |
Budget Game – Core Component Stock Game – Core Component Lesson – Risk Lesson – What is money? Lesson – Building Wealth Lesson – Planning Long-Term Purchases Lesson – Life Insurance Lesson – Health Insurance |
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.
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