Personal Finance Simulation

The Most Effective Personal Finance Simulation

Personal Finance Simulation is the ONLY simulation that lets students practice decision-based learning, make real-world financial choices, go beyond theory, and experience in-class consequences.

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Go Beyond Concepts to Real-life Application with

Personal Finance Simulation

Personal Finance Simulation uses decision-theory learning to teach students the basic principles of financial literacy in an effective and straightforward way.

In the Personal Finance Simulation, students get to experience the impact of their financial decisions in both the simulation and in the classroom. Students' decisions have real in-class consequences, creating an environment where their choices dictate their experiences ... and their grades!

Stukent's Personal Finance Simulation creates differentiated learning experiences naturally, as students' choices will affect their outcomes. Throughout this role-playing simulation, students will master important personal finance principles, learn more about themselves, and develop a personal approach to financial matters. The Personal Finance simulation helps students learn to analyze their financial situation, needs, and goals while giving them real consequences for their choices. As a result, students learn how to make smart financial decisions throughout their lives.

The Personal Finance simulation comes with a curriculum designed to help you teach personal finances in a meaningful way. The in-class activities can easily be integrated into any existing curriculum and are designed with a teacher’s busy schedule in mind. The curriculum and the simulation work together to reinforce concepts and lay the groundwork for content covered later in the course.

The curriculum also includes lecture videos designed to help you teach personal finance online. Each lecture covers a lesson from the curriculum in under 10 minutes. They’re perfect for teaching online courses and are designed to keep your students engaged.

The Personal Finance lesson plans are designed to follow a modified version of the 5E Model of Lesson Planning: Engage, Explore, Explain, Evaluate, and Elaborate.

How Mimic Personal Finance Works

Banking

Students start with budgets to track and basic bills to pay. Academic performance in class determines if they earn raises to their salaries or lose income.

Assets & Liabilities

​Students develop credit scores based on in-class behavior and simulation decisions. The scores allow them to take on liabilities and purchase assets like cars and housing.

Income Growth

Students may choose to explore other sources of income such as starting a business in class, taking a second job, or investing in the stock market.

Life Happens

Just like the real world is full of the unknown, students experience unexpected events that influence their finances within the class.

Buying Grades

By applying budgeting skills, students regularly purchase their Mimic Personal Finance score that can then be factored in as part of their total grade in class.

How the Personal Finance Simulation Works:​

Banking

Students start with budgets to track and basic bills to pay. Academic performance in class determines if they earn a raise or lose income.

Assets & Liabilities

Students develop credit scores based on in-class behavior and simulation decisions. The scores allow them to take on liabilities and purchase assets like cars and real estate.

Income Growth

Students may choose to explore other sources of income such as starting a business in class, taking a second job, or investing in the stock market.

Life Happens

Just like the real world is full of surprises, students experience unexpected events that influence their finances.

Buying Grades

By applying budgeting skills, students regularly purchase their Personal Finance Simulation score.

"Mimic Personal Finance — it’s literally the best technological tool I've ever used in my classroom! When Mimic Personal Finance came across my desk in the fall of 2019, I knew Stukent could bring something special to my classroom. The simulation was everything that I wanted to be as a teacher: authentic, organic, and engaging. I was so very proud to keep bringing Mimic into my classroom each and every semester as a critical adjunct to my financial literacy coursework. The simulation is literally the centerpiece of the course."
Keith Brady
H.S. Business Education Teacher
Curriculum Lap Top

The Mimic Personal Finance simulation comes with a curriculum designed to help you teach personal finance in a more meaningful way. The in-class activities can easily be integrated into any existing curriculum and are designed with a teacher’s tight schedule in mind.

The curriculum also includes lecture videos designed to help you teach personal finance online. Each lecture covers a lesson from the curriculum in under 10 minutes. They’re perfect for teaching online and are designed to keep your students engaged.

The curriculum and the simulation work together to reinforce previously taught subjects and lay the groundwork for content covered later in the course. Mimic Personal Finance lesson plans are designed to follow a modified version of the 5-E model of lesson planning: Engage, Explore, Elaborate, and Evaluate.

stukent personal finance curriculum logo

Each unit contains:

  • Lesson plans
  • Presentations
  • Lecture videos
  • Assignments and activities
  • Teacher guides
  • Assessments

Units:

Unit 1: The Personal Finance Experience
Unit 2: Money is a resource
Unit 3: First Major Obligations
Unit 4: Postsecondary
Unit 5: Managing Finances
Unit 6: Gambling
Unit 7: Taxes
Unit 8: Insurance
Unit 9: Resolving Credit
Unit 10: Personal Credit
Unit 11: Home Ownership
Unit 12: Charitable Giving
Unit 13: Investing
Unit 14: Employment

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Origin Story

Brian Bean Headshot

Brian Bean was teaching high school science when he became the victim of an elaborate Ponzi scheme. As a result, he lost everything and had to start life over at the age of 30. “I was embarrassed and thought that as an educated man, I should not have been so easily duped,” Brian says.

Brian was frustrated with the way our education system approaches the topic of personal financial literacy and decided there had to be a better way. He went back to school and got certified in banking and finance, earned a master’s degree in teaching methodology, and began developing the Personal Finance Simulation and the Real-World Classroom Teaching Model.

“Stukent’s Personal Finance Simulation is based on my core belief that the greatest educational experiences in life are a direct result of our own choices,” Brian says. “Life is the greatest teacher of all, but the tuition can be expensive! My goal was to find a way to bring the real world into the classroom and give students opportunities to make some of these critical life decisions in the safe environment of the classroom.”

In 2016, the Personal Finance Simulation was launched as a pilot program with a small group of schools in Utah and Texas. Over the next couple of years, the program expanded to more and more states. In 2019, Stukent launched the Personal Finance Simulation as a national product. Now students all over the country have the opportunity to not just learn about financial literacy but actually experience it!

What People Are Saying About Stukent's Personal Finance Simulation…

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