Idaho's Personal Finance Curriculum of Choice
Personal Finance Simulation + Curriculum
Personal Finance Simulation + Curriculum
100% of the real-world topics outlined in the Idaho content standards in Social Studies related to personal financial literacy goals are covered in the Mimic Personal Finance simulation and curriculum.
Your students get hands on experience with the world’s first social media marketing simulation, Stukent Social
Everyone who adopts this courseware will get access to our world class, Stukent Support Team
This content outline is designed to illustrate how Stukent’s Personal Finance Simulation and Curriculum align with personal finance education standards in the state of Idaho. It references Idaho’s state recommendations for teaching financial literacy, according to the state’s learning standards as outlined by the Idaho State Department of Education.
|Standard||Goal||Learning Objective||Simulation Match||Curriculum Match|
|Social Studies Standard 3: Economics||Goal 3.4: Explain the concepts of personal finance||6-12.USH22.214.171.124 Analyze how economic conditions affect financial decisions.||✅||✅|
|Social Studies Standard 3: Economics||Goal 3.4: Explain the concepts of personal finance||9-12.E.3.4.1 Examine and apply the elements of responsible personal fiscal management, such as budgets, interest, investment, savings, credit, and debt.||✅||✅|
|Social Studies Standard 3: Economics||Goal 3.4: Explain the concepts of personal finance||9-12.E.3.4.2 Identify and evaluate sources and examples of consumers’ responsibilities and rights.||✅||✅|
|Social Studies Standard 3: Economics||Goal 3.4: Explain the concepts of personal finance||9-12.E.3.4.3 Discuss the impact of taxation as applied to personal finances.||✅||✅|
|Real World Topics Covered (21st Century Skills)||Simulation Match||Curriculum Match|
|SS-FL.9-12.13. Develop short- and long-term financial goals.||✅||✅|
|SS-FL.9-12.14. Evaluate entrepreneurship, career choices, and the effect on the standard of living.||✅||✅|
|SS-FL.9-12.15. Evaluate the effect of taxes and other factors on income.||✅||✅|
|SS-FL.9-12.16. Develop a saving & spending plan, using a financial record keeping tool.||✅||✅|
|SS-FL.9-12.17. Apply consumer skills to saving and spending decisions.||✅|
|SS-FL.9-12.18. Analyze the cost and benefits of different types of credit and debt.||✅||✅|
|SS-FL.9-12.19. Summarize a borrower's rights and responsibilities.||✅|
|SS-FL.9-12.20. Investigate strategies to avoid and manage debt effectively.||✅||✅|
|SS-FL.9-12.21. Evaluate short-term savings tools.||✅||✅|
|SS-FL.9-12.22. Apply investment tools to meet financial goals.||✅|
|SS-FL.9-12.23. Justify reasons to use various forms of insurance.||✅||✅|
|SS-FL.9-12.24. Establish strategies for protection of personal identity and other forms of fraud.||✅|
Unit 1: The RWC experience through Personal Finance Simulation
Unit 2: Money as a resource
Unit 3: Post-secondary
Unit 4: Employment
Unit 5: Managing finances
Unit 6: First major obligations
Unit 7: Insurance
Unit 8: Revolving credit
Unit 9: Personal credit
Unit 10: Taxes
Unit 11: Home ownership
Unit 12: Charitable giving
Unit 13: Investing
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.
“The 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, Stukent’s 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!
In an unprecedented move, Idaho Central Credit Union is providing a grant for ALL high schools in the state of Idaho to receive Stukent’s Personal Finance Simulation and Curriculum FREE for five years. This generous $2.8 million donation will give high school students all over the state the opportunity to acquire personal financial skills using state-of-the-art technology and decision-learning theory. Participating high schools will also have the opportunity to have Idaho Central Credit Union visit their school once a year to receive hands-on financial education.