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Personal Finance

Building a Strong Financial Foundation: Personal Finance Essentials

Embark on an exciting personal finance journey with our comprehensive course! Dive into the world of managing finances, including savings, home loans, insurance, and more.

Engage in interactive activities, realistic simulations, and practical exercises to enhance your financial literacy and decision-making skills. Get ready to navigate real-world situations and gain the confidence to take control of your financial future. Join us today and unlock the keys to mastering personal finance!

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10 images showing different labs such as career planning, budgeting, saving, investing, insurance, tax, car loan and home loan.

Personal Finance - Labs & Activities

We use highly interactive economic ActiveLearningSheets, team-based collaborative labs, and challenges to teach personal finance concepts. These interactive activities allow students to apply what they learn in the classroom in a fun and engaging way. By working in teams and collaborating with their classmates, students develop communication and teamwork skills that are essential for success in the real world.

Here are the list of ActiveLearningSheet and ActiveLearningLabs we use to teach personal finance.

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Grade: 8-12
$9.99 /Classroom

Budgeting: Mastering Your Money

Students will learn essential skills such as budgeting, expense tracking, goal setting, and making informed financial decisions using real-life scenarios and interactive activities.

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Grade: 8-12
$5.00 /Classroom

Mastering Savings

Students will learn the concept of savings, short and long-term goals, interest, compound interest, and the effect of time in compounding, risk-based savings etc. using interactive activities.

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Grade: 8-12
$9.99 /Classroom

The Investment Expedition

Explore the fundamentals of investing with our interactive Investment Lab. Covering topics like investment vs. saving, compounding, inflation, stocks, risk management, funds, and bonds, this lab offers engaging activities and real-world examples to enhance financial literacy and decision-making skills.

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Grade: 8-12
$9.99 /Classroom

Insuring Your Financial Future

Students will explore the fundamentals of insurance, auto, health & life, and homeowners & renters insurance.

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Grade: 8-12
$9.99 /Classroom

Demystifying Taxes

A purely interactive lab where students will learn about taxes, how the government uses tax money, paystub analysis, types of taxes, progressive tax calculation, deductions & taxable income, income tax filing, W-2 form, Form 1040 etc.

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Grade: 8-12
$8.00 /Classroom

Car Loan: Unlocking Financing

Students will explore the need for car loans, car loan basics, APR, amortization schedule, leasing vs. buying, budgeting for cars, and pitfalls in this lab. Students research banks, compare loan options, and make informed recommendations for responsible car financing.

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Grade: 8-12
$5.00 /Classroom

Learning to Earn: Career Planning

This interactive lab equips teachers with the tools to guide students in exploring careers, setting goals, and developing essential skills. Students engage in activities, self-reflection, and research to make informed decisions about their future paths.

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Grade: 8-12
$5.00 /Classroom

Mastering Home Loans

Unlock the secrets of home loans and personal finance in this interactive course. Explore key topics, from mortgage basics to responsible borrowing, through engaging activities. Build a solid foundation for financial success!

What Are Employers Looking For

Students will explore the essential skills that employers highly value in recent graduates, students will also rate their preparedness for each of the given skills.
  • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Getting Started - Work, Trade School, Or College

    Students will understand the different options available after high school, and do a drag-and-drop activity to categorize pros, cons, and sample jobs to each of the options available.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • $2.00/Classroom

    Analyze Resume

    Students will read and understand the given resume of a person and answer the review questions.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Understanding Job Posting: Data Analysis

    Students will read a sample job posting given and answer the review questions.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Jobs Vs. Salary: Data Analysis

    Students will analyze tabular and graphical data showing the median salary of different occupations. Students will also answer some review questions based on the data.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Classifying To Career Clusters - Drag And Drop

    A drag and drop activity to classify different careers into the given set of clusters
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Career Planning: Most New Jobs - Data Analysis

    Students will analyze tabular and graphical data about the careers with the most opportunities in the future (2021-2031) and their median pay. Then they will write about their career aspirations.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • What Are College Graduates Looking For: Data Analysis

    Students will analyze two survey results. One shows the "Perception of what is characterized as first "Good Job", and another one shows the "Length of Time It Took U.S. Graduates to Find a Good Job".
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Unemployment Rate - Career Planning

    Students will analyze the average unemployment rate, unemployment with advanced education, and basic education data from 2000 to 2022 and then will answer review questions.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Fastest Growing Jobs In Usa: Career Planning

    Students will read and understand the growth rate (from 2021-2031) and the median salary (as of 2021) of the 12 fastest-growing jobs in the USA and then will do a drag-and-drop sorting of the jobs.
    • Career Planning
  • 7,8,9,10  Auto-Graded   
  • Bake And Share: A Budget-friendly Christmas Cake

    The activity revolves around the concept of baking a Christmas cake on a tight budget compared to the cost of purchasing one from a store. Students will be guided through ingredient conversions, cost calculations, and the joy of creating a homemade treat.
    • Fractions,Ratios & Proportions,Budgeting
  • 6,7,8,9,10  Auto-Graded   
  • $3.00/Classroom

    Home Loan Simulation

    Students will be given a profile with total savings, monthly salary, etc. and then they have to choose the down payment, points to purchase, and the loan duration to purchase a house.
    • Budgeting,Home Loan
  • 7,8,9,10  Auto-Graded   
  • Analyzing John's Budget

    Students will read and understand the budget of a hypothetical person, Mr. John, categorize each expense into different categories, analyze the expense chart and answer some review questions.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • Budgeting - Classify Expenses

    Students will sharpen their budgeting and categorization skills by sorting given expenses into predefined budget categories through a user-friendly drag-and-drop interface.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • Community Kitchen - Weekly Budget

    Students will calculate the total cost of all ingredients needed for one Christmas meal  They will then find out the total number of meals that can be prepared in a community kitchen for Christmas Day with a budget of $5000.
    • Fractions,Ratios & Proportions,Budgeting
  • 6,7,8,9,10  Auto-Graded   
  • Create Your Semester Budget: Digital Worksheet

    This is a digital budgeting worksheet that students can use to set their short and long-term goals, list incomes and expenses, categorize each expense, and reserve money to achieve goals.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • Americans Average Monthly Expenses

    Students will read a graph showing the average monthly expenses of Americans and answer the review questions. Students will also adjust the budget to cover an unforeseen incident.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • Budgeting For Thanksgiving Feast

    Students will calculate the total cost of all ingredients needed for one Thanksgiving meal and then find out the total number of meals that can be prepared in the community kitchen for Thanksgiving Day using the initial $1000 given to them.
    • Numbers & Operations,Fractions,Ratios & Proportions,Budgeting
  • 5,6,7,8  Auto-Graded   
  • Budgeting For Discretionary & Non-discretionary Expenses

    Students will design a monthly budget by allocating the given salary for different discretionary expenses but still trying to save at least 10% of their salary for the future.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • $3.00/Classroom

    Comparison Shopping

    Students will understand the importance of comparison shopping and then will find three different websites from where they can purchase a laptop, smartphone, and headset of the model they like. They will compare each website in terms of price, star rating, and warranty offered.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • Analyzing Inflation Data

    Students will analyze the line graph showing the percentage change in prices of ten products from 1997 to 2022 and then answer some review questions.
    • Budgeting
  • 7,8,9,10  Auto-Graded   
  • $2.00/Classroom

     Start Saving Early

    Students will explore the total interest that can be earned by launching saving endeavors at different ages with a goal of retiring at the age of 65.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Recurring Monthly Deposits - Compounding Effect

    Students will use an Interactive Worksheet to realize the effect of savings account duration on compound interest earned. They will explore how an extra small contribution can lead to a bigger interest due to compounding.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Simple Interest: Saving For Your Dream House

    Students will use the simple interest formula and its variations to find the interest, principal to be deposited, and the interest rate they should be looking for to get $100,000 after 10 years for their dream house.
    • Numbers & Operations,Fractions,Ratios & Proportions,Saving,Investment
  • 6,7,8,9,10  Auto-Graded   
  • How Banks Pay Interest On Your Savings?

    Students are frequently puzzled by how banks manage to pay interest on the money they hold in deposits and, at the same time, generate profits. Through this worksheet, students will find that banks make profit by lending money as loans.
    • Saving
  • 7,8,9,10  Auto-Graded   
  • Savings: Taking Inflation Into Account

    Students will understand that if they don't invest their money, the value of money will reduce over time due to inflation.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Risk-reward Analysis In Investment

    Students will choose any of the 5 investment schemes from a drop-down, find out the possible returns after 30 years, and the possible risk of losing all money by the end of 30 years.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Simple Vs. Compound Interest: Power Of Compounding

    The main goal of this worksheet is to help students understand the impact of compounding. Through a graphical method, they will learn the difference between simple and compound interest. Furthermore, as the investment duration increases, they will grasp the effect of compounding.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • $2.00/Classroom

     Start Saving Early

    Students will explore the total interest that can be earned by launching saving endeavors at different ages with a goal of retiring at the age of 65.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Invest For The Long Term - Risk Management

    Students will analyze the share prices of a company called Chipotle Mexican Grill over a period of eight years, and through prompt questions, they will understand the benefit of investing for the long term.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Analyzing Microsoft, Tesla And Apache Stock

    Students will analyze the change in share prices of three stocks - Microsoft, Tesla, and Apache Corporation - over a 10-year period. They will understand that not every stock will give positive returns and the importance of timing in the market.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Recurring Monthly Deposits - Compounding Effect

    Students will use an Interactive Worksheet to realize the effect of savings account duration on compound interest earned. They will explore how an extra small contribution can lead to a bigger interest due to compounding.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Simple Interest: Saving For Your Dream House

    Students will use the simple interest formula and its variations to find the interest, principal to be deposited, and the interest rate they should be looking for to get $100,000 after 10 years for their dream house.
    • Numbers & Operations,Fractions,Ratios & Proportions,Saving,Investment
  • 6,7,8,9,10  Auto-Graded   
  • How Shares Work And How Events Affect Share Prices

    Students will witness that the share price of a company, and to the market in general, can be influenced considerably by various series of events.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Savings: Taking Inflation Into Account

    Students will understand that if they don't invest their money, the value of money will reduce over time due to inflation.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Create Your Mutual Fund - Simulation

    Students will pick 3 stocks from a list of 10 by looking at their historical performance graph to create a mutual fund. The simulation will run for another 10 years and show how their fund is performing.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Risk-reward Analysis In Investment

    Students will choose any of the 5 investment schemes from a drop-down, find out the possible returns after 30 years, and the possible risk of losing all money by the end of 30 years.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Investment Simulation: Diversifying For Profit

    Students will run a simulation in which they need to spread the initial money of $10,000 across the shares of three companies that have varying risks and returns. The simulation will run for 50 years, showing the share price each year. The target is to make a profit of $20,000 at the end of the simulation.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Simple Vs. Compound Interest: Power Of Compounding

    The main goal of this worksheet is to help students understand the impact of compounding. Through a graphical method, they will learn the difference between simple and compound interest. Furthermore, as the investment duration increases, they will grasp the effect of compounding.
    • Saving,Investment
  • 7,8,9,10  Auto-Graded   
  • Stock Market Simulation

    Students will participate in a simulated stock market, where they can actively buy and sell shares of an electric car company over a span of 360 days. Students will encounter various market events that influence share prices, presenting them with opportunities and challenges
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Sample Investment Opportunity

    Students will analyze the share prices of Lowe's over the last 23 years, understand the trend and patterns in the share price, and through review questions, they will realize the benefit of investing early.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Savings Vs Investment: Understanding The Difference

    Students will invest the same amount of money in one savings scheme and two investment schemes and understand how they perform for different durations.
    • Investment
  • 7,8,9,10  Auto-Graded   
  • Choosing Your Car Insurance

    Students will pick any one of the four car insurance plans, see the coverage details and the premium to be paid. Then they will a series of events happening to their car over four years and find out how the insurance policy they selected is helping.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Analyzing Homeowners Insurance

    Students will read and understand a sample homeowner's insurance, understand the coverage details, premium, deductible etc.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Auto Insurance: Analyzing The Declaration Page

    Students will read and understand the declaration page of auto insurance. They will understand key components like premiums, deductibles, coverage, etc. The review questions will make sure that students understand the need for auto insurance.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Insurance Pooling: How Insurance Companies Make Profit

    Students will understand the concept of insurance pooling and will calculate the total profit of a fictitious auto insurance company in an year.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Renters Insurance: Analyzing Sample Policy

    Students will read and understand a sample renters insurance policy, add add-ons using interactive controls, and finally answer review questions.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • With And Without Insurance - The Need For Home Insurance

    Students will evaluate 10 events happening across 10 years of two Interactive Worksheets - One with insurance and one without insurance. The activity helps students  understand the benefits of insuring in the event of an unanticipated occurrence.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Health Insurance: Comparing Plans

    Students will compare and contrast two health insurance plans, they will analyze the deductibles, coinsurance, copay etc., and then will answer review questions.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Hospital Expenses - The Need For Health Insurance

    Students will read and analyze the hospital expenses for different treatments and for the hospital stays in different states for an uninsured individual. Students will answer review questions and understand the importance of health insurance.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Insurance: Categorize Risks

    In this activity, students will categorize different unforeseen events that can happen to their House, Car, Health, and Travel, along with typical expenses.
    • Insurance
  • 7,8,9,10  Auto-Graded   
  • Taxes: W-2 Form Analysis

    Students will read and understand what a W-2 form is and a sample W-2 form and then answer some review questions.
    • Taxes
  • 7,8,9,10  Auto-Graded   
  • Standard Deduction: Tax Calculation

    Students will look up the progressive tax brackets table, and standard deduction table to calculate the taxes to be paid by four individuals with different income and filing status.
    • Fractions,Ratios & Proportions,Taxes
  • 7,8,9,10  Auto-Graded   
  • Taxes: Paystub Analysis

    Students will read and discern sections of a given paystub of an employee, learn about the various taxes paid, and answer review questions to reinforce their understanding of where the money goes.
    • Taxes
  • 7,8,9,10  Auto-Graded   
  • Familiarizing Progressive Tax

    Students will engage in real-world financial calculations as they determine the federal income tax owed by four individuals, each with varying income levels. The exercise explores the progressive tax structure and its implications on tax liability.
    • Taxes
  • 7,8,9,10  Auto-Graded   
  • Taxes: Government Spending Analysis

    Students will classify (drag and drop) different government expenses into six categories given. Students will understand that the government spends trillions of dollars in different sectors, and the money required for this is coming from taxation.
    • Taxes
  • 7,8,9,10  Auto-Graded   
  • Leasing Vs Buying A Car With Loan

    In this worksheet, students will read the lease details of the Toyota Camry 2023 and answer review questions based on the lease details. Then students will consider the option of buying a new Camry but with a loan and compare and contrast to see which is better.
    • Car Loan
  • 7,8,9,10  Auto-Graded   
  • Car Loan - Effect Of Loan Duration

    Students will record the monthly payments and total interest to be paid for different given loan durations using loan duration slider.
    • Car Loan,Home Loan,Credits
  • 7,8,9,10  Auto-Graded   
  • Monthly Loan Payment Calculation

    Students will calculate the monthly loan payment amount for different principals, interest rates, and durations using the given formula.
    • Algebra,Numbers & Operations,Expressions & Equations,Car Loan,Home Loan
  • 7,8,9,10  Auto-Graded   
  • Amortization Schedule Of A Car Loan

    Students will read and understand the amortization schedule of a car loan (tabular and graphical format), change the loan duration to see how it affects the amortization table, and finally answer some review questions.
    • Car Loan
  • 7,8,9,10  Auto-Graded   
  • Driving Home: Car Loan Simulation

    Students will pick a car of their choice from the given list, then adjust the down payment and loan duration, and observe how these adjustments affect both the total interest paid and the monthly payment.
    • Car Loan
  • 7,8,9,10  Auto-Graded   
  • Data Analysis - Average Cost Of Houses

    Students will analyze two data tables related to home values in different states and change in values across years, they will answer review questions and understand the importance of housing cost in personal finance.
    • Statistics,Home Loan
  • 7,8,9,10  Auto-Graded   
  • $3.00/Classroom

    Home Loan Simulation

    Students will be given a profile with total savings, monthly salary, etc. and then they have to choose the down payment, points to purchase, and the loan duration to purchase a house.
    • Budgeting,Home Loan
  • 7,8,9,10  Auto-Graded   
  • Amortization Schedule-mortgage Loan

    Students will analyze the amortization schedule of a mortgage loan for different loan durations and answer review questions.
    • Home Loan
  • 7,8,9,10  Auto-Graded   
  • Amortization Graph Analysis

    Students will adjust the interest rate slider and loan duration slider to see how the amortization graph changes. They will understand that, in the initial months, a huge portion of their monthly payment goes to interest.
    • Home Loan
  • 7,8,9,10  Auto-Graded   
  • Renting Vs. Owning A House

    Students will compare the overall cost of renting vs. owning a house for different durations of stay. They will answer prompt questions to understand which is better in the given context.
    • Home Loan
  • 7,8,9,10  Auto-Graded   
  • Understanding Mortgage Loan Parameters

    Students will understand how different parameters like principal, APR, loan duration, and points are related. And then choose the optimal parameter for a given situation.
    • Home Loan
  • 7,8,9,10  Auto-Graded   
  • Car Loan - Effect Of Loan Duration

    Students will record the monthly payments and total interest to be paid for different given loan durations using loan duration slider.
    • Car Loan,Home Loan,Credits
  • 7,8,9,10  Auto-Graded   
  • Home Loan - Principal Only Payment

    Students will learn that adding a small extra payment to their monthly mortgage payment will reduce the interest and loan duration to a large extent.
    • Home Loan
  • 8,9,10  Auto-Graded   
  • Monthly Loan Payment Calculation

    Students will calculate the monthly loan payment amount for different principals, interest rates, and durations using the given formula.
    • Algebra,Numbers & Operations,Expressions & Equations,Car Loan,Home Loan
  • 7,8,9,10  Auto-Graded