Maryland Financial Literacy Standards: Helpful Teacher Resource

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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.

Personal Budgeting Game

A monthly budget game with real-life scenarios and consequences.

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Stock Market Game

Build your students confidence in the financial markets as they learn how to invest their money wisely.

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Embedded Lessons

Self-graded lessons aligned to National and Jump$tart Standards.

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Maryland Personal Financial Literacy Education

Find out which of our lessons or games reinforce the individual
knowledge statements from the Maryland State Curriculum for Personal Financial Literacy Education Grades 9-12.

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
Make Informed, Financially Responsible Decisions
Evaluate the financial choices that are made based on available resources, needs, and wants for goods and services.	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth Lesson – How Do You Stop Impulse Purchases?
Evaluate attitudes, assumptions, and patterns of behavior regarding financial decisions and predict how they impact the achievement of financial goals.	Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth Lesson – Analyzing Consumer Behavior Lesson – Could the 1929 Crash Happen Again? Lesson – Supply and Demand Examples in the Stock Market
Evaluate and apply financial knowledge, attitudes and skills.	Budget Game – Core Component Stock Game – Core Component
Compare different types of markets.	Investing101 Certification Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism Lesson – International trade
Evaluate the economic impacts of government, business, and consumer financial decisions.	Lesson – Benefits of Competition Lesson – Government impact on the economy Lesson – What Is Monetary Policy? Lesson – What Does Fiscal Policy Mean? Lesson – What is Economics? Lesson – Decoding What Moves The Market Lesson – How to Choose Stocks Strategically
Relate Careers, Education and Income	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Evaluate the relationship among education, skills, career choices, economic conditions, and entrepreneurship affect income.	Lesson – Planning Your Career Path Lesson – What’s in Your Compensation Package? Lesson – Work or Study Lesson – Starting a Business 101 101 Lesson – What is Entrepreneurship? Lesson – The Business Cycle Lesson – The Importance of Interest Rates
Evaluate sources of income.	Lesson – What’s in Your Compensation Package? Lesson – What is Money?
Evaluate the relationship among income, spending decisions, and lifestyle.	Budget Game – Core Component Lesson – Planning Your Career Path Lesson – What’s in Your Compensation Package? Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth
Determine how taxes, employee benefits, and public programs relate to income.	Lesson – Tax Basics You Need to Know Lesson – What’s in Your Compensation Package? Lesson – The Anatomy of Unemployment and other programs Lesson – The Ultimate Employee Guide
Plan and Manage Money	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Demonstrate the ability to use money management skills and strategies.	Budget Game – Core Component Stock Game – Core Component
Analyze the services of financial instutions.	Lesson – Choosing the Best Banking Option for You Lesson – Finding the Right Brokerage Account Lesson – When to hire a tax professional Lesson – Life Insurance: The Ultimate Safety Net Lesson – Why Health Insurance is So Expensive
Develop and evaluate financial goals based on personal values.	Budget Game – Core Component Stock Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth Lesson – A Strategy to Build Wealth, Not Debt Lesson – The Cost of Raising a Family Lesson – The Secret to a Comfortable Retirement
Evaluate the purposes and responsibilitites related to taxation.	Lesson – Tax Basics You Need to Know Lesson – Tax Credits & Deductions You Need to Know Lesson – Uncovering Hidden Income Taxes You Owe
Explain that contracts are binding agreements.	Lesson – What makes a contract valid?
Manage Credit and Debt	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Evaluate how to use debt beneficially.	Budget Game – Core Component Lesson – What to Do When You Need Money Fast Lesson – How to Use Debt to Your Advantage Lesson – A Beginner’s Guide to Borrowing Wisely Lesson – Credit Cards: Terms, Fees, and More Lesson – How Borrowers Manage Personal Debt Lesson – Mortgage Options for First-Time Homebuyers Lesson – The Car Buying Checklist
Evaluate the advantages and disadvantages of credit products and services.	Lesson – What to Do When You Need Money Fast Lesson – How to Use Debt to Your Advantage
Analyze sources of credit.	Lesson – What to Do When You Need Money Fast Lesson – How to Use Debt to Your Advantage
Calculate the cost of borrowing.	Activity – Rent or Buy: Which is Right for You? Activity – Find Out Your Monthly Home Budget Activity – Calculate Your Car Loan Payments Activity – Use the Credit Card Payments Calculator Lesson – What to Do When You Need Money Fast
Identify and evaluate interest rates, fees, and other credit charges.	Lesson – A Beginner’s Guide to Borrowing Wisely Lesson – Credit Cards: Terms, Fees, and More Lesson – Mortgage Options for First-Time Homebuyers Activity – Calculate Your Car Loan Payments Activity – Find Out Your Monthly Home Budget
Analyze credit scores and reports.	Lesson – What Your Credit Report Says About You
Evaluate the consequences of not meeting credit obligations.	Lesson – How to Use Debt to Your Advantage Lesson – How Borrowers Manage Personal Debt Lesson – Getting Help With Debt Repayment Lesson – Debt Relief: Is Consolidation the Answer? Lesson – How to Negotiate With Creditors Lesson – What Is Bankruptcy?
Create and Build Wealth	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Critique appropriate financial services and products to specified goals.	Lesson – Choosing the Best Banking Option for You Lesson – What to Do When You Need Money Fast Lesson – A Strategy to Build Wealth, Not Debt Lesson – The Secret to a Comfortable Retirement
Evaluate strategies for creating wealth and building assets.	Lesson – A Strategy to Build Wealth, Not Debt Lesson – What is Wealth? Lesson – What is Diversification & How to Spread Your Risk Activity – Use the Net Worth Calculator
Explain the relationship between saving and investing.	Lesson – Break Free From Money Stress with a Budget Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth Lesson – What is Wealth? Lesson – A Strategy to Build Wealth, Not Debt Lesson – What is Diversification & How to Spread Your Risk
Analyze the concepts of supply and demand to stock market price changes.	Lesson – Supply and Demand Examples in the Stock Market
Apply the decision making processes to financial decisions related to planning, saving, and investing.	Stock Game – Core Component Budget Game – Core Component Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth Lesson – A Strategy to Build Wealth, Not Debt Lesson – The Secret to a Comfortable Retirement Lesson – Life Insurance: The Ultimate Safety Net Activity – Model Your Financial Future
Manage Risks and Preserve Wealth	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Evaluate the strategies that protect income and wealth.	Investing101 Certification Lesson – What is Wealth? Lesson – A Strategy to Build Wealth, Not Debt Lesson – How to Prepare for Unexpected Expenses Lesson – The Secret to a Comfortable Retirement
Justify the need for and value of various types of insurance (such as health, property, life, disability, and liability) within the life cycle.	Lesson – Life Insurance: The Ultimate Safety Net Lesson – Why Health Insurance is So Expensive Lesson – Car Insurance: How to Lower Your Rates Lesson – What’s Not Covered in Renter’s Insurance? Lesson – What Damage Does Home Insurance Cover?
Evaluate the purposes, strategies, and effects of various business practices, including sales techniques.	Lesson – How to Plan for Business Success Lesson – Competitive Advantage Lesson – How a Business Can Be Socially Responsible Lesson – How Businesses Find Their Ideal Customers Lesson – Why You Buy What You Buy Lesson – What Is the Product Life Cycle? Lesson – 8 Techniques to Increase Your Sales
Critique sources of consumer protection and assistance including public institutions and private organizations (professionals, publications, and internet).	Lesson – Protect Yourself as a Consumer