Personal Finance

Wisconsin Personal Finance Standards Alignment

Personal Finance has been a requirement in high schools across Wisconsin since 2017, which fuses concepts from financial literacy with some basic economic principles.

Our Personal Finance curriculum covers each of the Wisconsin standards in detail, with additional supplementary materials (not listed) covering more personal finance and economic concepts that can be tailored for your class.

Activity Type Key

  • Articles:
  • Videos:
  • Interactive Calculators/Mini Games:
  • Comprehensive Tools:
  • Includes built-in assessment:

Relating Income and Education

Standard Activity Type of Activity
A.1 Understand how career choice, education, skills, entrepreneurship, and economic conditions affect income. Biggest Mistakes of Job Seekers
Foundations of Marketing
Analyzing Consumer Behavior
Career Center
A.2 Understand the sources of income and alternative resources. Income and Compensation
Cash Flow
A.3 Explain how income affects lifestyle choices and spending decisions. Spending and Savings Plans
Income and Compensation
A.4 Explain how taxes and employee benefits relate to disposable income. Tax Filing and the 1040 EZ
Payroll Best Practices
Income and Compensation
Common Tax Deductions

Money Management

Standard Activity Type of Activity
B.1 Demonstrate ability to use money management skills and strategies. Spending and Savings Plans
Budgeting
Budget Game
B.2 Understand the purposes and services of financial institutions. Spending and Savings Plans
Family Planning
Car Loan Calculator
Home Budgeting Calculator
Banks, Credit Unions, and Savings and Loans
Reconciling accounts
B.3 Develop a financial vision based on an examination of personal values. Spending and Savings Plans
Budgeting
Budget Game
B.4 Understand the history, purposes, roles, and responsibilities related to taxation. Preparing For Retirement
Tax Filing and the 1040 EZ
Common Tax Deductions
Common Tax Additions
Tax Audits
When to hire a tax professional

Credit and Debt Management

Standard Activity Type of Activity
C.1 Identify and evaluate credit products and services. Spending and Savings Plans
Planning long term purchases
Managing Debt
budgeting
Short-Term Financing
C.2 Identify and compare sources of credit. Banks, Credit Unions, and Savings and Loans
Credit cards
Debit Cards
Using Credit
C.3 Identify and evaluate interest rates, fees, and other credit charges. Credit cards
Using Credit
Reconciling Accounts
Debit Cards
Mortgages
C.4 Interpret credit sources and reports. Credit Reports
Debt Management Services
C.5 Calculate the cost of borrowing. Short-Term Financing
Using Credit
Budget Game
C.6 Explain the rights and responsibilities of buyers and sellers under consumer protection laws Debt Management Services
C.7 Understand how to leverage debt. Using Credit
Budget Game
Corporate Debt
C.8 Describe the implications of bankruptcy. Bankruptcy
“C.9 Analyze the pros and cons of high cost alternative financial services.
Short-Term Financing
Banks, Credit Unions, and Savings and Loans
Managing Bills
Debt Negotiation
Consolidating Debt
Debt Management Services

Planning, Saving, and Investing

Standard Activity Type of Activity
D.1 Apply strategies for creating wealth/ building assets. Compound Interest Calculator
Stock Game
What is an ETF?
Investing Strategies
What is a Stock?
Investing 101
What is Wealth?
Building Wealth
Family Planning
D.2 Match appropriate financial services and products with specified goals. Banks, Credit Unions, and Savings and Loans
Credit Card Payments Calculator
Investment Return Calculator
Saving to be a millionaire calculator
What is a Stock?
What is a Mutual Fund?
What is an ETF?
What are Bonds
What are Options?
Stock Game
Investing 101
D.3 Describe the relationships between saving and investing Banks, Credit Unions, and Savings and Loans
Investing Strategies
D.4 Apply the concepts of supply and demand to stock market price changes. Supply and demand examples in the stock market
What is Supply?
What is Demand?
Understanding Price Movements
Making the most of margins
Stock Game
D.5 Demonstrate ability to use decision-making processes in making financial decisions related to planning, saving, and investing. What is a Stock?
What is a Mutual Fund?
What is an ETF?
What are Bonds
Investing Strategies
Budget Game

Becoming A Critical Consumer

Standard Activity Type of Activity
E.1 Understand the impact of contextual factors associated with consumer decision making. (e.g., social, historical, political, family, cultural, philosophical). Analyzing Consumer Behavior
E.2 Investigate the purposes, strategies, and effects of various business practices, including sales schemes or scams. Planning and Evaluating Business Advertising
E.3 Understand the cost of interest rates and fees associated with financial services. Importance of Interest Rates
E.4 Understand that verbal contracts are as binding as written agreements. What makes a contract valid?
E.5 Identify sources of consumer protection and assistance including public institutions and private organizations (professionals, publications, and internet). Unemployment and other programs
Debt Management Services
E.6 Examine critically the impact of socio- cultural norms and demographics related to money, saving, and spending. What is Money?
Researching Spending
Supply and demand examples in the stock market

Consumer Financial Responsibility

Standard Activity Type of Activity
F.1 Understand factors that affect citizen financial decisions and actions. Budget Game
F.2 Practice skills related to fiscal responsibility and personal decision making. Government impact on the economy
F.3 Integrate and apply financial knowledge, attitudes, and skills. Government impact on the economy
Budget Game
F.4 Understand the interdependent role of government, business, consumer, and personal finance in the economy. Payroll Best Practices
Why is there Scarcity?
Comparative Economic Systems – Capitalism, Socialism, and Communism
F.5 Examine the impact that government, business, consumer, and financial decisions and actions have on the individual, family, community, society, and world. Why is there Scarcity?
Comparative Economic Systems – Capitalism, Socialism, and Communism
Government impact on the economy

Risk Management

Standard Activity Type of Activity
G.1 Understand the nature of personal financial risk and the importance of protecting against financial loss. Risk
Integrating Risk Management
G.2 Examine the need for and value of various types of insurance (such as health, property, life, disability, and liability) within the life cycle. Types of Insurance
Home Owner’s Insurance
Renter’s Insurance
Car Insurance
Health Insurance
G.3 Integrate and apply concepts related to personal financial risk, protection from loss, and financial planning. Family Planning
Health Insurance
Life Insurance
Integrating Risk Management
Investing Strategies
Risk

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