Illinois State

State Standards

We compared our curriculum and the core financial literacy concepts that are covered in our Budget and Stock Games to the personal finance standards for the state of Illinois.

A list of the Illinois Social Studies Standards are below, along with a selection of activities from our games and library that align with each standard. Our curriculum 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.

Course Outlines, Lesson Plans & Student Activities

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!

Get to Know PersonalFinanceLab™

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 Curriculum

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

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We’re Here to Help!

Discover 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.

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Illinois Financial Literacy Standards Alignment

Find out which of our lessons or games reinforce the individual
knowledge statements from the Illinois Social Studies Standards.


Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment

Standard Activity
Economic Decision Making
Analyze how scarcity and incentives influence choices to consume or produce for different individuals and groupsLesson – Why is there Scarcity?
Lesson – What are Incentives?
Use marginal benefits and marginal costs to propose a solution to a significant issue for an individual or communityLesson – Marginal Benefit and Cost
Exchange and Markets
Evaluate how much competition exists within and among sellers and buyers in specific markets.Lesson – Supply and Demand Examples in the Stock Market
Evaluate the effectiveness of government policies to improve market outcomes, address inequality, or reduce inefficiencies.Lesson – Unemployment
Lesson – Government impact on the economy
Lesson – Monetary Policy
Lesson – Fiscal Policy Explained
Analyze the ways in which competition and government regulation influence what is produced and distributed in a market system.Lesson – Benefits of Competition
Lesson – Government impact on the economy
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
National and Global Economy
Use data and economic indicators to analyze past and current states of the economy and predict future trends.Lesson – The Business Cycle
Lesson – What is Economics?
Lesson – Major Economic Indicators (GDP, CPI, Jobs)
Lesson – Gross Domestic Product
Describe how government policies are influenced by and impact a variety of stakeholders.Lesson – Government impact on the economy
Lesson – Monetary Policy
Lesson – Fiscal Policy Explained
Analyze how advances in technology and investment in capital goods and human capital affect economic growth and standards of living.Lesson – What is Specialization?
Lesson – What is Economic Growth?
Lesson – Labor and Productivity
Analyze the role of comparative advantage in local, national, and global trade of goods and services.Lesson – Comparative Advantage
Lesson – International Trade
Explain how globalization trends and policies affect social, political, and economic conditions in different nations. Lesson – Major Economic Indicators (GDP, CPI, Jobs)
Lesson – Comparative Economic Systems – Capitalism, Socialism, and Communism
Lesson – Gross Domestic Product
Lesson – What is Economics?
Lesson – Government impact on the economy
Lesson – International trade
Financial Literacy
Analyze the costs and benefits of various strategies to increase income.Lesson – Career Development Lesson – Income and Compensation
Explain how to make informed financial decisions by collecting information, planning, and budgeting.Lesson – Budgeting
Lesson – Pay Yourself First
Lesson – Preparing for Retirement
Lesson – Career Development
Lesson – Income and Compensation
Lesson – Planning Long Term Purchases
Lesson – Preparing for spending shocks
Explain how time, interest rates, and inflation influence saving patterns over a lifetime.Lesson – Inflation
Lesson – Time Value of Money
Lesson – The Importance of Interest Rates
Lesson – Preparing For Retirement
Activity – Use the Net Worth Calculator
Activity – Use the Saving to be a Millionaire Calculator
Activity – Use the Compound Interest Calculator
Analyze costs and benefits of different credit and payment options for goods and services, the role of lenders, and interest.Lesson – Using Credit
Lesson – Short-Term Financing
Evaluate risks and rates of return of diversified investments.Stock Game – Core Component
Investing101 Certification
Lesson – Building a diversified portfolio
Lesson – Investing Strategies
Activity – Use the Investment Return Calculator
Analyze the costs and benefits of insurance, including the influences of an individual’s characteristics and behavior.Lesson – Renter’s Insurance
Lesson – Home Owner’s Insurance
Lesson – Car Insurance
Lesson – Life Insurance
Lesson – Health Insurance

Information Request

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.