Colorado
9th-12th Grade
State Standards
Look below to see how Banzai's courses, worksheets, activities, and games align with the Colorado Academic Standards: Financial Literacy for 9th-12th Grade. Note, any one activity listed will satisfy the associated competency.
Personal Financial Literacy
8: Apply economic reasoning skills to make informed personal financial decisions.
FL.HS.5.1: Apply reliable information to make systematic personal financial decisions based on individual and community values and goals.
Students Can
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
a: Recognize the alternatives, consequences, and responsibilities associated with personal financial decisions.
b: Use reliable information resources when making financial decisions.
c: Formulate strategies to protect personal and financial information.
d: Develop a system for keeping and using financial records.
e: Compare financial institutions and products.
Colorado Essential Skills
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Make predictions and design data/information collection and analysis strategies (Critical Thinking and Analysis).
2: Set personal goals and take responsibility for those goals through reflection upon prior outcomes (Self-Awareness).
Inquiry Questions
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: How does a consumer determine the accuracy and relevance of consumer information?
2: How can a consumer locate and identify reliable sources of financial information?
3: What are some steps that can be taken to protect personal and financial information?
4: What are some things that should be considered when entering into a contract for financial services?
5: What are different methods of financial record keeping?
6: How can an individual create a financial plan aligned with their personal values and goals?
Nature and Skills of Personal Financial Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Financially capable individuals consider the value of professional development, income earning potential, value of workplace benefits, and labor market trends as part of a lifetime comprehensive financial plan.
2: Financially capable individuals demonstrate effective financial decision-making by comparing costs and benefits of alternatives.
3: Financially capable individuals demonstrate self-awareness and areas for ongoing financial education, growth, and development.
Disciplinary, Information, and Media Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Gather relevant information from multiple print and digital sources, assess the credibility and accuracy of the sources.
2: Analyze how incentives influence choices that may result in policies with a range of costs and benefits for different groups.
FL.HS.5.2: Analyze sources of income and the relationship between career preparation, continuing education, and its impact on lifetime earning potential.
Students Can
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
a: Compare different sources of personal income and compensation. Including but not limited to: earned income, profit income, interest income, dividend income, rental income, capital gains, and royalties.
b: Analyze the impact of economic conditions and cost of living factors on income and purchasing power.
c: Predict the potential impact of education and skill development choices on career earnings, including starting salary by field and level of degree or credential.
d: Investigate the total cost, affordability, and payment options associated with postsecondary options, degrees, and credentials, including personal savings, scholarships, grants, employer tuition programs, work study, and public and private loans.
e: Review the purpose and the process of accessing state and federal financial aid. Including but not limited to: the Colorado Application for State Financial Aid (CASFA), the Free Application for Federal Student Aid (FAFSA) application for financial aid.
f: Analyze student loan repayment options, terms, requirements, and state and federal repayment programs and their impact on a student's financial future.
g: Analyze the monetary and non-monetary value of employee benefits in addition to pay. For example: Benefits, flexible work options, and retirement plans.
h: Simulate a sustainable household budget based on future personal and career goals.
Colorado Essential Skills
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Make predictions and design data/information collection and analysis strategies (Critical Thinking and Analysis).
2: Set personal goals and take responsibility for those goals through reflection upon prior outcomes (Self-Management).
3: Demonstrate knowledge, understanding, and personal awareness of how their dreams and interests translate into career fulfillment and career pathways available in local, regional, national, and global arenas (Self-Awareness).
Inquiry Questions
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: How can income earning potential be maximized with intentional choices and planning?
2: What is the role of education and earning capability in building financial security?
3: What potential barriers might impede an individual's work routine, hinder the ability to get a job, or prevent career advancement, and how can an individual overcome the barriers?
4: What resources are available to individuals seeking help with career, employment, and training?
5: How might life circumstances impact a household budget?
6: Should student loans be listed under Financial Aid on a Student Aid Report?
Nature and Skills of Personal Financial Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Financially capable individuals consider the value of professional development, income earning potential, value of workplace benefits, and labor market trends as part of a lifetime comprehensive financial plan.
2: Financially capable individuals plan for income tax liability.
3: Financially capable individuals consider opportunity costs when making decisions about professional development and career changes.
4: Financially capable individuals analyze economic cycles and make predictions regarding economic trends.
5: Financially capable individuals calculate the sustainable household income given specific market conditions and lifestyle circumstances which provides consumers with income earning goals when deciding employment, career path, and professional development.
Disciplinary, Information, and Media Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Analyze how incentives influence choices that may result in policies with a range of costs and benefits for different groups.
2: Describe the consequences of competition in specific markets.
3: Explain how current globalization trends and policies affect economic growth, labor markets, rights of citizens, the environment, and resource and income distribution in different nations.
Under Development
FL.HS.5.3: Apply consumer skills to budgeting, spending, saving, and borrowing decisions.
Students Can
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
a: Analyze how inflation and cost of living impact consumer purchasing and saving power.
b: Summarize factors to consider when selecting borrowing options, including costs, relevance, payoffs, and tradeoffs. For example: Comparing student, auto, home, and payday loans.
c: Explain how an individual's credit history can affect borrowing power.
d: Design a household budget (using gross and net income) that addresses financial obligations and integrates saving for future goals and retirement based on your values and goals.
e: Describe how to use and manage different types of accounts and payment methods.
f: Compare the advantages and disadvantages of various types of credit.
g: Summarize the advantages and disadvantages of leasing versus purchasing automobiles, homes, and other large purchases.
Colorado Essential Skills
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Make predictions and design data/information collection and analysis strategies (Critical Thinking and Analysis).
2: Take responsibility for spending decisions and borrowing decisions (Self-Advocacy and Initiative).
3: Set personal goals and take responsibility for those goals through reflection upon prior outcomes (Self-Management).
Inquiry Questions
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: How might changes in the economic cycle and market conditions affect household saving and spending habits?
2: How might changes in lifestyle, income, or life circumstances affect a household financial plan?
3: How can implementing an intentional savings plan provide stability and secure an individual's financial future?
4: What are some strategies individuals can implement to increase their savings?
Under Development
5: How can individuals take steps to begin building credit?
6: How can individuals increase their credit score without taking on debt?
7: What are the advantages of secured vs. unsecured credit accounts?
8: When might it make sense to take on debt? When does it not make sense?
9: How much will today's purchase cost tomorrow?
10: What resources are available to individuals seeking help with financial hardships?
11: How does taking on debt impact finances?
12: What types of decisions can be made in order to avoid debt?
13: What strategies can consumers use to pay down debt as quickly as possible?
14: What impacts do different types of interest rates have on consumers? For example: Fixed rates, variable rates, and adjustable-rate mortgages.
15: Which types of loans typically charge higher interest rates?
16: What types of consumers are most likely to be targeted by predatory lenders?
Nature and Skills of Personal Financial Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Financially capable individuals demonstrate effective decision-making based on their values and preferences and by comparing costs and benefits of alternatives.
2: Financially capable individuals plan and monitor spending and saving to fulfill financial obligations and achieve goals as part of a comprehensive financial plan.
3: Financially capable individuals know their rights and obligations when using credit.
4: Financially capable individuals understand that there is an economic role for government in a market economy whenever the benefits of a government policy outweigh its costs.
Under Development
Disciplinary, Information, and Media Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Gather relevant information from multiple print and digital sources and assess the credibility and accuracy of the sources.
2: Read and comprehend complex informational texts. For example: Financial aid and credit card offers.
3: Analyze how consumer choices have different costs and benefits.
4: Analyze and compare types of interest, including rates, terms, and long-term impacts.
5: Read and comprehend a consumer credit report.
FL.HS.5.4: Explore a diversified investment strategy that is compatible with personal financial goals.
Students Can
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
a: Select financial investments that align with financial goals, risk tolerance, and personal and retirement options for different life stages.
b: Analyze how financial markets react to changes in market conditions, monetary policy, fiscal policy, and information. For example: The business cycle.
Colorado Essential Skills
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Make predictions and design data/information collection and analysis strategies (Critical Thinking and Analysis).
2: Set personal goals and take responsibility for those goals through reflection upon prior outcomes (Self-Management).
Inquiry Questions
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: How does a consumer choose between investment options?
2: How might changes in the economic cycle and market conditions affect future earnings on an individual's investments?
3: How can a consumer obtain accurate information about different assets and investments?
4: How can a consumer determine the value of an asset or investment?
5: How does a consumer research and validate the accuracy of financial information?
Under Development
6: How does investing fit into an individual's comprehensive financial plan?
7: How do different types and values of investments impact taxes?
Nature and Skills of Personal Financial Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Financially capable individuals consider the value that investing plays as part of a lifetime comprehensive financial plan.
2: Financially capable individuals carefully consider the amount of financial risk that they can tolerate based on life stage, and they plan for changes in the economic cycles.
3: Financially capable individuals create plans based on sound financial planning principles to maximize their standard of living over time.
4: Financially capable individuals analyze market conditions and make predictions regarding economic trends.
5: Financially capable individuals know how to perform time value of money calculations allowing investigation of rate of return, future value of investments, and present value of long-term financial goals.
6: Financially capable individuals understand the relationship between variables in a function which allows people to use functions to model relationships in the real world such as the impact of compound interest.
7: Financially capable individuals can describe how to buy and sell various assets and investments. For example: Stocks, real estate, and businesses.
Disciplinary, Information, and Media Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Gather relevant information from multiple print and digital sources, assess the credibility and accuracy of the sources.
Under Development
2: Read and comprehend complex informational texts. For example: A stock chart or an account disclaimer.
3: Analyze how risk and reward incentives influence choices that may result in costs and benefits for different groups.
FL.HS.5.5: Choose risk management strategies for protection from the financial risk of lost income, lost or damaged property, health issues, or identity fraud.
Students Can
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
a: Evaluate strategies for consumers to avoid financial risk, reduce risk, accept risk, or transfer risk to others through insurance.
b: Identify the cost and benefits of purchasing insurance. For example: Insured profile, number and size of claims, frequency, and costs of natural disasters.
c: Explain the types and purpose of insurance products. For example: Automotive, identity theft, health, disability, long-term care, life insurance, renters/homeowners' insurance, and professional liability.
d: Outline steps to monitor and safeguard personal financial data to minimize, avoid and/or resolve identity theft or fraud issues.
e: Analyze consumer and financial information for relevance, credibility, and accuracy.
f: Identify consumer responsibilities, rights, and consumer protection laws that regulate contracts and financial transactions.
Under Development
Colorado Essential Skills
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Interpret information and draw conclusions based on the best analysis (Critical Thinking and Analysis).
2: Develop, plan, and organize self-behavior (Self-Management).
Inquiry Questions
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: How are individuals, groups of consumers, and markets impacted by unexpected financial obligations due to property loss or damage, loss of income, health care issues, and fraud?
2: What should a consumer consider when choosing insurance for particular situations?
3: How will insurance needs change throughout a lifetime?
4: How does probability relate to obtaining insurance and the cost of insurance?
5: How does insurance fit into an individual's comprehensive financial plan?
6: What consumer scams are common?
7: How can consumers be aware of and protect themselves from scams?
8: What are the different types of insurance and how do they work?
9: What is the difference between an insurance premium and deductible?
10: How can an individual determine that they are adequately insured?
11: How can an individual evaluate how much they are willing to pay for different levels of insurance coverage based on their risk assessment?
Nature and Skills of Personal Financial Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Financially capable individuals mitigate the financial risks associated with everyday life through planning for the unexpected, saving for emergencies, acquiring insurance, and securing personal information.
2: Financially capable individuals consider insurance as a part of a lifetime comprehensive financial plan.
3: Financially capable individuals demonstrate effective financial decision-making by comparing the additional costs of alternatives with the additional benefits.
4: Financially capable individuals understand that probability allows informed decision-making, such as whether the cost of insurance is less than the expected cost of illness, when the deductible on car insurance is optimal, or whether an extended warranty justifies the cost.
Disciplinary, Information, and Media Literacy
Standard
Defined by Colorado Academic Standards: Financial Literacy
Banzai Solutions
*Any of the activities below will satisfy the competency
1: Read and comprehend complex informational texts. For example: Insurance policies.
2: Analyze how incentives influence choices that may result in policies with a range of costs and benefits for different groups.
Under Development
3: Compare and contrast financial information when making a decision.
4: Research current identity theft and financial scams.