Nebraska Financial Literacy Standards: Helpful Teacher Resource

Nebraska Financial Literacy Standards Alignment

Find out which of our lessons or games reinforce the individual
knowledge statements from the Nebraska Financial Literacy Standards.

Notice (last updated July 2022): Nebraska recently passed a graduation requirement for a new Personal Finance class for high school students. Our curriculum team will update our standards alignment for Nebraska will be updated as soon as the updated standards are made available, along with any required revisions to our library.

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
Economic Decision Making
Make decisions by systematically considering alternatives and consequences through the use of cost benefit analysis.	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Proven Techniques to Stop Overspending Lesson – Achieve Financial Goals with a Spending Plan Lesson – How Do You Stop Impulse Purchases?
Assess the incentives for investing in personal education, skills, and talents.	Lesson – A Simple Yet Powerful Way to Build Wealth Lesson – How to Use Debt to Your Advantage Lesson – Planning Your Career Path Lesson – Go to College or Start Working? Lesson – Carrots, Sticks, and Your Wallet – All About Incentives
Financial Literacy	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Develop a budget using a financial record keeping tool.	Budget Game – Core Component
Compare and contrast different types of banking accounts and features.	Lesson – Choosing the Best Banking Option for You Lesson – How Debit Cards Work Lesson – The Secret to a Comfortable Retirement
Assess the effects of taxes on personal income.	Lesson – Tax Basics You Need to Know Lesson – Tax Credits and Deductions You Need to Know Lesson – Uncovering Hidden Income Taxes You Owe Lesson – Sales Tax: Who Pays, Collects, and Why?
Compare and contrast possible career choices.	Lesson – Planning Your Career Path Lesson – What’s in Your Compensation Package? Lesson – Go to College or Start Working? Lesson – Starting a Business 101
Compare and contrast the costs and benefits of different types and sources of credit and debt.	Lesson – A Beginner’s Guide to Borrowing Wisely Lesson – How to Use Debt to Your Advantage
Investigate strategies to effectively manage debt and factors that influence credit ratings.	Budget Game – Core Component Lesson – What Your Credit Report Says About You Lesson – How Borrowers Manage Personal Debt
Explain the importance of saving and investing early to ensure financial security.	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 – Evaluating Big-Ticket Purchases Lesson – The Secret to a Comfortable Retirement Activity – Crack the Code to Becoming a Millionaire Activity – Watch How Your Savings Could Grow
Develop an investment strategy to achieve short- and long-term goals utilizing a variety of investment vehicles.	Lesson – How to Develop an Investing Strategy Lesson – What is Diversification & How to Spread Your Risk Activity – Get a Snapshot of Your Financial Health
Examine appropriate and cost effective risk management strategies.	Lesson – Knowing Your Risks and Risk Tolerance Lesson – How to Avoid Identity Theft, Scams and Fraud Lesson – What Damage Does Home Insurance Cover? Lesson – Life Insurance: The Ultimate Safety Net
Exchange and Markets	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Summarize the role of competition, markets, and prices.	Lesson – Benefits of Competition Lesson – Supply and Demand Examples in the Stock Market Lesson – What is the New York Stock Exchange? Lesson – Decoding What Moves The Market Lesson – Inflation
Illustrate how markets determine changing equilibrium prices through supply and demand analysis.	Lesson – Supply and Demand Examples in the Stock Market
Hypothesize how competition between sellers could result in lower prices, higher quality products, and better customer service.	Lesson – Benefits of Competition Lesson – Why Do Some Jobs Pay More Than Others? Lesson – What is Specialization?
Investigate possible causes and consequences of shortages and surpluses.	Lesson – Why Is There Scarcity? Lesson – The Business Cycle Lesson – What is Supply? Lesson – What is Demand?
National Economy	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Explain how various economic institutions have played a role in United States economic policy and practice.	Lesson – Government Impact on the Economy Lesson – What Is Monetary Policy? Lesson – What Does Fiscal Policy Mean? Lesson – Why You Should Care About the Fed
Calculate and describe the impact of economic indicators.	Lesson – Major Economic Indicators (GDP, CPI, Jobs) Lesson – Gross Domestic Product Lesson – The Anatomy of Unemployment
Describe the functions and role of the Federal Reserve System and its influence through monetary policy.	Lesson – What Is Monetary Policy? Lesson – Why You Should Care About the Fed
Assess how property rights are defined, enforced, and limited by government.	Lesson – What Are Property Rights?
Examine how governments utilize taxation to provide goods and services to society.	Lesson – What Does Fiscal Policy Mean?
Evaluate the effectiveness of government policies altering market outcomes.	Lesson – Government Impact on the Economy Lesson – What Is Monetary Policy? Lesson – What Does Fiscal Policy Mean? Lesson – What are Price Controls?
Critique government policies and regulations in areas of market failure.	Lesson – What is Economics? Lesson – Externalities Lesson – Decoding What Moves The Market Lesson – Could the 1929 Crash Happen Again?
Explore various forms of taxation including income, sales, and capital gains and examine how governments can use taxing and spending policies to influence behavior.	Lesson – Tax Basics You Need to Know Lesson – Sales Tax: Who Pays, Collects, and Why?
Examine the impact of fiscal policy on budget deficits/surpluses and national debt.	Lesson – What Does Fiscal Policy Mean?
Global Economy	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Explore comparative advantage among different countries.	Lesson – What Is Comparative Advantage? Lesson – How Global Trade Shapes Our Economy
Analyze the impact on prices and quantities of various trade policies, both domestically and internationally.	Lesson – How Global Trade Shapes Our Economy Lesson – What are Price Controls? Lesson – What is Economic Growth?