South Carolina State

South Carolina
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 South Carolina.

A list of the South Carolina Personal Finance State 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.

Learn more

Stock Market Game

Build your students confidence in the financial markets as they learn how to invest their money wisely.

Learn more

Embedded Curriculum

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

Learn more
Schedule a call

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.

Schedule a call

South Carolina Financial Literacy Standards Alignment

Find out which of our lessons or games reinforce the individual
knowledge statements from the South Carolina Personal Finance State Standards.


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

Earning Income
Compensation for a job or career can be in the form of wages, salaries, commissions, tips, or bonuses, and may also include contributions to employee benefits, such as health insurance, retirement savings plans, and education reimbursement programs.Lesson – Income and Compensation
Lesson – Career Development
In addition to wages and paid benefits, employees may also value intangible (noncash) benefits, such as good working conditions, flexible work hours, telecommuting privileges, and career advancement potential.Lesson – Income and Compensation
Lesson – Career Development
Lesson – Employer and Employee Rights and Responsibilities
People vary in their opportunity and willingness to incur the present costs of additional training and education in exchange for future benefits, such as earning potential.Lesson – Work Vs Study
Lesson – Career Development
Employers generally pay higher wages or salaries to more educated, skilled, and productive workers than to less educated, skilled, and productive workers.Lesson – Career Development
Lesson – Labor and Productivity
Changes in economic conditions, technology, or the labor market can cause changes in income, career opportunities, or employment status.Lesson – The Business Cycle
Lesson – Labor and Productivity
Federal, state, and local taxes fund government-provided goods, services, and transfer payments to individuals. The major types of taxes are income taxes, payroll taxes, property taxes, and sales taxes.Lesson – Taxation Overview
Lesson – Sales Tax
Common Tax Deductions
Monetary Policy
The type and amount of taxes people pay depend on their sources of income, amount of income, and amount and type of spending.Lesson – Taxation Overview
Lesson – Sales Tax
Common Tax Deductions
Common Tax Additions
When to hire a tax professional
Interest, dividends, and capital appreciation (gains) are examples of unearned income derived from financial investments. Capital gains are subject to different tax rates than earned income.Lesson – Taxation Overview
Tax Filing and the Form 1040
Tax deductions and credits reduce income tax liability.Lesson – Common Tax Deductions
Retirement income typically comes from some combination of continued employment earnings, Social Security,employer sponsored retirement plans, and personal investments.Lesson – Preparing for Retirement
Lesson – What is Wealth?
Owning a small business can be a person’s primary career or can supplement income from other sourcesLesson – Starting a Business
Lesson – What is Entrepreneurship?
A budget helps people achieve their financial goals by allocating income to necessary and desired spending, saving, and philanthropy.Budget Game – Core Component
Lesson – Budgeting
Lesson – Pay Yourself First
Lesson – Spending and Savings Plans
Consumer decisions are influenced by the price of products or services, the price of alternatives, the consumer’s budget and preferences, and potential impact on the environment, society, and economy.Budget Game – Core Component
Lesson – Budgeting
Lesson – Budgeting and Spending Strategies
Lesson – Spending and Savings Plans
Lesson – Researching Spending
Lesson – The Benefits of Competition
Lesson – Analyzing Consumer Behavior
When purchasing a good that is expected to be used for a long time, consumers consider the product’s durability, maintenance costs, and various product features.Lesson – Planning Long Term Purchases
Consumers may be influenced by how prices of goods and services are advertised, and whether prices are fixed or negotiable.Lesson – Analyzing Consumer Behavior
Lesson – Foundations of Marketing
Lesson – Spending and Savings Plans
Lesson – Classifying Products and Services
Consumers incur costs and realize benefits when searching for information related to the purchase of goods and services.Lesson – Researching Spending
Lesson – Consumer rights and responsibilities
Housing decisions depend on individual preferences, circumstances, and costs, and can impact personal satisfaction and financial well-beingBudget Game – Core Component
Lesson – Family Planning
Activity – Use the Buy vs Lease Calculator
People donate money, items, or time to charitable and non-profit organizations because they value the services provided by the organization and/or gain satisfaction from giving.Lesson – Charitable Giving
Federal and state laws, regulations, and consumer protection agencies (e.g., Federal Trade Commission, Consumer Affairs office, and Consumer Financial Protection Bureau) can help individuals avoid unsafe products, unfair practices, and marketplace fraud.Lesson – Consumer rights and responsibilities
Lesson – Ethics in Marketing
Having an organized system for keeping track of spending, saving, and investing makes it easier to make financial decisions.Lesson – What are Financial Records?
Lesson – Reconciling Accounts
Lesson – Budgeting
Financial institutions offer several types of savings accounts, including regular savings, money market accounts, and certificates of deposit (CDs), that differ in minimum deposits, rates, and deposit insurance coverage.Lesson – Banks, Credit Unions, and Savings and Loans
Lesson – Investing Strategies
Deposit account interest rates and fees vary between financial institutions and depend on market conditions and competition. Lesson – Banks, Credit Unions, and Savings and Loans
Unless offered by insured financial institutions, mobile payment accounts and cryptocurrency accounts are not federally insured and usually do not pay interest to depositors.Lesson – Banks, Credit Unions, and Savings and Loans
Investing101 Course – Chapter 8: Current Hot Topics In Trading
Inflation can erode the value of savings if the interest rate earned on a savings account is less than the inflation rate.Lesson – Inflation
Government agencies such as the Federal Reserve, the FDIC, and the NCUA, along with their counterparts in state government, supervise and regulate financial institutions to improve financial solvency, legal compliance, and consumer protection.Lesson – What is the Federal Reserve?
Lesson – Banks, Credit Unions, and Savings and Loans
Tax policies that allow people to save pretax earnings or to reduce or defer taxes on interest earned provide incentives for people to save.Lesson – Monetary Policy
Employer defined contribution retirement plans and health savings accounts can provide incentives for employees to save. Lesson – Preparing for Retirement
Lesson – Income and Compensation
People can reduce the potential for future financial strife with a partner or spouse by sharing personal financial information, goals, and values prior to combining finances.Lesson – Family Planning
There are many strategies that can help people manage psychological, emotional, and external obstacles to saving, including automated savings plans, employer matches, and avoiding personal triggers.Lesson – Spending and Savings Plans
Lesson – Pay Yourself First
A person’s investment risk tolerance depends on factors such as personality, financial resources, investment experiences, and life circumstances.Lesson – Risk
Lesson – Investing Strategies
Investing101 Course – Chapter 1: Introduction to Investing
Investors earn investment returns from price changes and annual cash flows (such as interest, dividends or rent).The nominal annual rate of return is the annual total dollar benefit as a percentage of the beginning price.Activity – Use the Investment Return Calculator
Investing101 Course – Chapter 1: Introduction to Investing
Investors expect to earn higher rates of return when they invest in riskier assets. Stock Game – Core Component
Activity – Use the Investment Return Calculator
Lesson – Investing Strategies
Lesson – Risk
Because inflation reduces purchasing power over time, the real return on a financial asset is lower than its nominal return.Lesson – Inflation
Activity – Use the Investment Return Calculator
The prices of financial assets change in response to market conditions, interest rates, company performance, new information, and investor demand.Lesson – Understanding Price Movements
Investing101 – Chapter 6: Fundamental Analysis: Understanding Earnings and Cash Flow
Chapter 7: Technical Analysis: Common Charts and Terms
When making diversification and asset allocation decisions, investors consider their risk tolerance, goals, and investing time horizon.Lesson – Investing Strategies
Lesson – Building a diversified portfolio
Expenses of buying, selling, and holding financial assets decrease the rate of return from an investment. Stock Game – Core Component
Activity – Use the Investment Return Calculator
Investing101 – Chapter 5: Now That I Own It, What Should I Do?
Tax rules affect the rate of return on different investments, and can vary by holding period, type of income, and type of accountLesson – Taxation Overview
Common behavioral biases can result in investors making decisions that adversely affect their investment outcomesLesson – Getting Trading Ideas
Lesson – How to Choose and Compare Stocks
Lesson – Understanding Price Movements
Investing101 – Chapter 1: Introduction to Investing
Financial technology can counterbalance negative behavioral factors when making investment decisionsLesson – Investing Strategies
Lesson – How to Choose and Compare Stocks
Many investors buy and sell financial assets through discount brokerage firms that provide inexpensive investment services and advice using financial technology.Lesson – What is a Brokerage?
Federal regulation of financial markets is designed to ensure that investors have access to accurate information about potential investments and are protected from fraud. Lesson – Risk
Lesson – Protecting Against Fraud
Lesson – Stock Market Crash of 1929
Investors often compare the performance of their investments against a benchmark, such as a diversified stock or bond index.Stock Game – Core Component
Investing101 – Chapter 3: Making Your First Trade
Criteria for selecting financial professionals for investment advice include licensing, certifications, education, experience, and cost.Lesson – Certifications in the Finance Industry
Lesson – When to hire a tax professional
Managing Credit
Borrowers can compare the cost of credit using the Annual Percentage Rate (APR) and other terms in the loan or credit card contract.Lesson – Using Credit
Lesson – Credit Cards
Loans that are secured by collateral have lower interest rates than unsecured loans because they are less risky to lenders.Lesson – Using Credit
Lesson – Mortgages
Good Debt, Bad Debt
Monthly mortgage payments vary depending on the amount borrowed, the repayment period, and the interest rate, which can be fixed or adjustable.Lesson – Mortgages
Activity – Use the Home Budgeting Calculator
Post-secondary education is often financed by students and families/caregivers through a combination of scholarships, grants, student loans, work-study, and savings.Lesson – Student Loans
Lesson – Work Vs Study
Federal student loans have lower rates and more favorable repayment terms than private student loans, and may be subsidized. Lesson – Student Loans
Lesson – Good Debt, Bad Debt
Down payments reduce the amount needed to borrow.Lesson -Buying a car
Activity – Use the Car Loans Calculator
Activity – Use the Home Budgeting Calculator
Lenders assess credit-worthiness of potential borrowers by consulting credit reports compiled by credit bureaus.Lesson – Credit Reports
A credit score is a numeric rating that assesses a person’s credit risk based on information in their credit report.Budget Game – Core Component
Lesson – Credit Reports
Credit reports and credit scores may be requested and used by entities other than lenders.Lesson – Credit Reports
Borrowers who face negative consequences because they are unable to repay their debts may be able to seek debt management assistance.Lesson – Debt Management Services
Lesson – Debt Negotiation
In extreme cases, bankruptcy may be an option for people who are unable to repay their debts.Lesson – Bankruptcy
Consumer credit protection laws govern disclosure of credit terms, discrimination in borrowing, and debt collection practices.Lesson – Credit Cards
Lesson – Consumer rights and responsibilities
Alternative financial services, such as payday loans, checkcashing services, pawnshops, and instant tax refunds, provide easy access to credit, often at relatively high cost.Lesson – Short-Term Financing
Lesson – Good Debt, Bad Debt
Managing Risk
People vary with respect to their willingness to accept risk and in how much they are willing to pay for insurance that will allow them to minimze future financial loss.Lesson – Risk
Lesson – Life Insurance
The decision to buy insurance depends on perceived risk exposure, the price of insurance coverage, and individual characteristics such as risk attitudes, age, occupation, lifestyle, and financial profile.Lesson – Renter’s Insurance
Lesson – Car Insurance
Lesson – Health Insurance
Some types of insurance coverage are mandatory.Lesson – Car Insurance
Lesson – Health Insurance
Insurance premiums are lower for people who take actions to reduce the likelihood and/or financial cost of losses and for those who buy policies with larger deductibles or copayments.Lesson – Car Insurance
Lesson – Health Insurance
Lesson – Home Owner’s Insurance
Health insurance provides coverage for medically necessary health care and may also cover some preventive care. It is sometimes offered as an employee benefit with the employer paying some or all of the premium cost.Lesson – Health Insurance
Lesson – Employer and Employee Rights and Responsibilities
Lesson – Income and Compensation
Disability insurance replaces income lost when a person is unable to earn their regular income due to injury or illness. In addition to privately purchased policies, some government programs provide disability protection.Lesson – Health Insurance
Auto, homeowner’s and renter’s insurance reimburse policyholders for financial losses to their covered property and the costs of legal liability for their damages to other people or property.Lesson – Renter’s Insurance
Lesson – Car Insurance
Lesson – Home Owner’s Insurance
Life insurance provides funds forbeneficiaries in the event of an insured person’s death. Policy proceeds are intended to replace the insured’s lost wages and/or to fund their dependents’ future financial needs.Lesson – Life Insurance
Unemployment insurance, Medicaid, and Medicare are public insurance programs that protect individuals from economic hardship caused by certain risks.Lesson – Unemployment and other programs
Insurance fraud is a crime that encompasses illegal actions by the buyer (e.g., falsified claims) or seller (e.g., representing non-existent companies) of an insurance contract.Lesson – Life Insurance
Online transactions and failure to safeguard personal documents can make consumers vulnerable to privacy infringement, identity theft, and fraud.Lesson – Protecting Against Fraud
Extended warranties and service contracts are like an insurance policy.Lesson – Consumer rights and responsibilities

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.