Life Scenarios

Life Scenarios

Game • 4.0 hrs of learning

Here's how Life Scenarios aligns with curriculum standards in Indiana. Use the filters to change the location, set of standards, and grade level.

Financial and Decision Making

8-1.1: Demonstrate taking responsibility for personal financial decisions.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-1.1.1: Describe the benefits of financial responsibility and the costs of financial irresponsibility.

8-1.4: Make financial decisions by systematically considering alternatives and consequences.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-1.4.2: Evaluate the results of financial decisions.
8-1.4.3: Apply systematic decision making to short-term, medium-term, and long-term goals.

Relating Income and Careers

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-2.2: Identify sources of personal income.

Planning and Managing Money

8-3.1: Demonstrate ability to use money management skills and strategies.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-3.1.1: Explain basic budget categories, including income, taxes, planned savings, and fixed and variable expenses.
8-3.1.2: Explain the relationship between spending practices and achieving financial goals.

8-3.2: Develop a system for keeping and using financial records.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-3.2.1: Create a system to record income and spending for purchases, services, and taxes.

8-3.4: Apply consumer skills to purchase decisions.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-3.4.3: Apply systematic decision making to choose among courses of action that include a range of spending, delayed spending, and non-spending alternatives.

8-3.5: Connect the role of charitable giving, volunteer service, and philanthropy to community development and quality of life.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-3.5.1: Determine how charitable giving can fit into a personal budget and appropriate percentages for giving.

Risk Management and Insurance

8-5.3: Apply concepts related to financial risk, protection from loss, and financial planning.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Life Scenarios
8-5.3.1: Apply opportunity-cost analysis to potential situations that can threaten personal and family income and assets.