Starting on March 28, 2022, students can participate in PersonalFinanceLab’s Financial Literacy Challenge, which runs through April 29, 2022. Teachers can register their class for free now and gain access to a library of personal finance lessons.
Financial literacy is key to sound financial well-being, but it is sadly lacking even among college students. Recently, though, there has been a push to make financial literacy courses mandatory for college students. And in Florida, students entering high school in the 2022-23 academic year will be required to take a financial literacy class to graduate.
The Financial Literacy Challenge features fun and interactive personal budgeting games, virtual stock market games, and embedded lessons and pop quizzes.
And participants stand to win a prize for each contest.
The top 10 students from each contest – five in the personal budgeting game and five in the stock market game – will each win a $100 Amazon gift card.
The top 10 teachers will each receive a $100 Staples e-gift card. Teachers are ranked based on the number of students who complete at least six months of the personal budgeting game.
And the top-performing school in the stock market game will win a trophy.
How PersonalFinanceLab Teaches Personal Finance Skills
PersonalFinanceLab is a learning platform owned by Stock-Trak, Inc., a leading provider of web-based educational financial simulations.
PersonalFinanceLab’s mission is to help students learn to “navigate expected and unexpected costs” and “face real-life examples of the difficulties that arise with monthly budgeting.”
The platform provides opportunities for K-12 students to learn personal finance skills through fun and interactive games and built-in lessons.
Virtual stock games allow students to practice investing in real securities and learn from their own mistakes while using virtual money.
Personal budgeting games allow students to practice managing a monthly budget and building their emergency savings fund.
The financial literacy curriculum, which is aligned to state and national standards, consists of more than 300 lessons on personal finance, investing, economics, marketing and other relevant topics.
How Students Can Support PersonalFinanceLab
Students can support PersonalFinanceLab by asking their school to join the platform’s Pilot Program and bring a customized program to their school. Students can also ask teachers to sign up for the Free Teacher Test Drive and to register for the platform’s upcoming Financial Literacy Challenge and future challenges.
Follow PersonalFinanceLab on TUN
Students and educators can also follow PersonalFinanceLab on TUN to get news and learn about upcoming financial literacy challenges!
