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 Iowa.
A list of the Iowa Financial Literacy 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.
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!
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.
Build your students confidence in the financial markets as they learn how to invest their money wisely.
Learn moreDiscover 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.
Schedule a callFind out which of our lessons or games reinforce the individual
knowledge statements from the Iowa Financial Literacy Standards.
Legend:
Long-Term Game
Comprehensive Chapter
Short Lesson
Interactive Calculator
Includes Automatically-Graded Assessment
Standard | Activity | |||||
Develop Financial and Career Goals | ||||||
Develop short- and long-term financial goals. | Budget Game – Core Component Lesson – Preparing for Retirement Lesson – Building Wealth Lesson – Planning Long-Term Purchases Lesson – Pay Yourself First Lesson – Spending and Saving Plans Lesson – Family Planning Activity – Use the Saving to be a Millionaire Calculator |
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Evaluate entrepreneurship, career choices and the effect on the standard of living. | Lesson – Career Development Lesson – Work vs Study Lesson – Starting a Business Lesson – Forms of Business Ownership Lesson – What is Entrepreneurship? |
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Create a Saving and Spending Plan | ||||||
Evaluate the effect of taxes and other factors on income. | Budget Game – Core Component Lesson – Income and Compensation Lesson – Taxation Overview Lesson – Preparing for Retirement |
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Develop a saving and spending plan using a financial recordkeeping tool. | Budget Game – Core Component Lesson – Spending and Saving Plan Lesson – What are Financial Records? Lesson – Budgeting and Spending Strategies |
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Apply consumer skills to saving and spending decisions. | Budget Game – Core Component Lesson – Pay Yourself First Lesson – Researching Spending Lesson – Planning Long-Term Purchases Lesson – Spending and Saving Plans Activity – Use the Home Budgeting Calculator |
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Analyze Credit and Debt Levels | ||||||
Analyze the cost and benefits of different types of credit and debt. | Lesson – Short-Term Financing Lesson – Good Debt, Bad Debt Lesson – Mortgages Activity – Use the Car Loans Calculator Activity – Use the Credit Card Payments Calculator |
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Summarize a borrower’s rights and responsibilities. | Lesson – Using Credit Lesson – Credit Cards Lesson – Credit Reports Lesson – Managing Credit |
Investigate strategies to avoid and manage debt effectively. | Lesson – Good Debt, Bad Debt Lesson – Student Loans Lesson – Bankruptcy Lesson – Managing Debt |
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Evaluate Savings and Long Term Investments | ||||||
Evaluate short-term savings tools. | Budget Game – Core Component Lesson – Investing Strategies Lesson – Building Wealth Lesson – Why Invest in Stocks? Lesson – Pay Yourself First Activity – Use the Net Worth Calculator |
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Apply investment tools to meet financial goals. | Stock Game – Core Component Activity – Use the Compound Interest Calculator Activity – Use the Net Worth Calculator Activity – Use the Saving to be a Millionaire Calculator |
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Measure Risk Management Tools | ||||||
Justify reasons to use various forms of insurance. | Lesson – Risk Lesson – Health Insurance Lesson – Car Insurance Lesson – Rental Insurance Lesson – Homeowner’s Insurance Lesson – Life Insurance |
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Establish strategies for protection of personal identity and other forms of fraud. | Lesson – Protecting Against Fraud Lesson – What are Financial Records? |
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.