Here's how Life Scenarios aligns with curriculum standards in Connecticut. Use the filters to change the location, set of standards, and grade level.
Financial Literacy Standards
9.2: Spending
12.1: A budget helps people achieve their financial goals by allocating income to necessary and desired spending, saving, and philanthropy.
12.3: 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.
12.6: Housing decisions depend on individual preferences, circumstances, and costs, and can impact personal satisfaction and financial well-being.
12.7: People donate money, items, or time to charitable and nonprofit organizations because they value the services provided by the organization and/or gain satisfaction from giving.
12.9: Having an organized system for keeping track of spending, saving, and investing makes it easier to make financial decisions.
9.4: Managing Credit
12.1: Borrowers can compare the cost of credit using the Annual Percentage Rate (APR) and other terms in the loan or credit card contract.
12.6: Down payments reduce the amount needed to borrow.
9.5: Managing Risk
12.1: 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 minimize future financial loss.
12.7: 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.