West Virginia Financial Literacy Standards: Helpful Resources

West Virginia Social Studies Standards Alignment

Find out which of our lessons or games reinforce the individual
knowledge statements from the West Virginia Social Studies and Personal Finance Standards.

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
Investigate the cost of postsecondary education.
Determine the tuition and fees of several specific public and private, two and four year institutions.	Lesson – Go to College or Start Working? Lesson – Financing Your Education
Examine room and board cost for students that live on campus.	Lesson – Financing Your Education
Examine commuting costs for attending a local institution (gas, car maintenance, distance, time).	Budget Game – Core Component
Compare text book costs (used books, new books, digital rentals, Amazon, eCampus, local bookstore, text loaning programs).	Budget Game – Core Component Lesson – Financing Your Education Lesson – Go to College or Start Working?
Determine personal expenses (hobbies, restaurants, entertainment, transportation, gas, bills, rent, insurance, cellphone).	Budget Game – Core Component Lesson – Break Free From Money Stress with a Budget Lesson – Pay Yourseld First
Examine the net price different postsecondary institutions utilizing the net price calculator required to be posted on all postsecondary institution’s web pages.	Lesson – Financing Your Education
Identify sources of financial aid.	Lesson – Financing Your Education
Examine and understand Financial Aid terminology (e.g. FAFSA, EFC, grant, cost of attendance).	Lesson – Financing Your Education
Explore the application process for student loan qualifications and the repayment process.	Lesson – Financing Your Education Lesson – How Borrowers Manage Personal Debt Lesson – Debt Relief: Is Consolidation the Answer?
Evaluate income, lifestyle, and career opportunities based on education and financial aid decisions.	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Differentiate the annual income of a college graduate compared to a high school graduate.	Lesson – Go to College or Start Working? Lesson – Planning Your Career Path
Differentiate between gross and net income (e.g., taxes, insurance and pension plans).	Budget Game – Core Component Lesson – Tax Basics You Need to Know Lesson – The Secret to a Comfortable Retirement
Explore how earning a degree impacts lifestyle, lifelong earning potential, and personal wants versus needs.	Budget Game – Core Component Lesson – Planning Your Career Path Lesson – How to Use Debt to Your Advantage Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth
Investigate the consequences of personal choices in relation to finances.	Budget Game – Core Component Lesson – Spending and Saving Plans Lesson – Pay Yourself First: A Simple Yet Powerful Way to Build Wealth Lesson – How to Prepare for Unexpected Expenses
Construct, utilize, and monitor a budget for a recent high school graduate.	Budget Game – Core Component
Construct, utilize, and monitor a budget for a recent college graduate.	Budget Game – Core Component
Compare and contrast the budgets of a high school graduate and a recent college graduate.	Budget Game – Core Component
Explore how benefits packages, unions, and professional organizations impact lifestyle and career choices.	Budget Game – Income and Compensation Lesson – Planning Your Career Path
Examine the expectations and benefits of potential careers and their impact on lifelong earning potential	Lesson – Planning Your Career Path Lesson – Work or Study Lesson – What is Specialization?
Examine general workforce preparedness skills.	Budget Game – Core Component Lesson – Planning Your Career Path Lesson – Biggest Mistakes of Job Seekers Lesson – Are Internships Worth It? Lesson – Acing an Interview
Develop a resume showing skills, experiences and education that can be used when applying for a job, a scholarship, or college.	Lesson – How to Get Past Resume Software Lesson – Planning Your Career Path Lesson – Biggest Mistakes of Job Seekers Lesson – Are Internships Worth It? Lesson – Acing an Interview
Identify workplace expectation, including prompt attendance, timeliness and efficiencies.	Lesson – The Ultimate Employee Guide
Examine the causes of bankruptcy and how to avoid them.	Lesson – What Is Bankruptcy? Lesson – How Borrowers Manage Personal Debt Lesson – Debt Relief: Is Consolidation the Answer? Lesson – How to Negotiate With Creditors
Complete Federal and State income tax forms and examine other state and local taxes.	Lesson – Tax Basics You Need to Know Lesson – Income Tax Filing Tips & Tricks
Develop the knowledge and practices of a savvy consumer who knows consumer rights and responsibilities, can identify and avoid fraudulent practices and guard against identify theft.	Lesson – Protect Yourself as a Consumer Lesson – How to Avoid Identity Theft, Scams & Fraud
Utilize traditional and online banking services as well as examining fees, services and hidden costs of checking, savings, debit cards, Certificates of Deposit, etc.	Budget Game – Core Component Lesson – How Debit Cards Work Lesson – Choosing the Best Banking Option for You Lesson – Automatic Payments: Convenience vs. Risk Lesson – A Beginner’s Guide to Borrowing Wisely
Examine financial habits that promote economic security, stability and growth:	Activity	Long-Term Game	Comprehensive Chapter	Short Lesson	Interactive Calculator	Graded Assessment
Investments (e.g., stocks, mutual funds, certificates of deposits and commodity trading)	Stock Game – Core Component Investing101 Certification Lesson – How to Develop an Investing Strategy Lesson – A Strategy to Build Wealth, Not Debt Lesson – The Secret to a Comfortable Retirement Activity – Crack the Code to Becoming a Millionaire
Insurance (e.g., life insurance, health insurance, automobile insurance, home and renters insurance and retirement plans).	Lesson – Knowing Your Risks & Risk Tolerance Lesson – Car Insurance: How to Lower Your Rates Lesson – What’s Not Covered in Renter’s Insurance? Lesson – What Damage Does Home Insurance Cover? Lesson – Why Health Insurance is So Expensive Lesson – Life Insurance: The Ultimate Safety Net