Indiana
12th Grade
State Standards
Look below to see how Banzai's courses, worksheets, activities, and games align with the Personal Financial Responsibility Course and Standards for 12th Grade. Note, any one activity listed will satisfy the associated competency.
Financial and Decision Making
12-1.1: Demonstrate taking responsibility for personal financial decisions.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-1.1.1: Explain how individuals demonstrate responsibility for financial well-being over a lifetime.
12-1.1.2: Analyze ways financial responsibility is different for individuals with and without dependents.
Under Development
12-1.2: Analyze financial information from a variety of reliable sources.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-1.2.1: Analyze financial information for objectivity, accuracy, relevancy to given needs, and currency.
Under Development
12-1.2.2: Investigate current types of consumer fraud, including online scams.
12-1.3: Utilize consumer protection laws and resources.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-1.3.1: Describe benefits of Indiana's consumer protection agency.
Under Development
12-1.3.2: Analyze consumer protection laws for the issues they address and the safeguards they provide.
Under Development
12-1.3.3: Demonstrate steps for resolving a consumer complaint.
Under Development
12-1.4: Make financial decisions by systematically considering alternatives and consequences.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-1.4.1: Set measurable short-term and medium-term, and long-term financial goals.
12-1.4.2: Evaluate the results of financial decisions.
12-1.4.3: Apply systematic decision making to short-term, medium-term, and long-term goals.
12-1.5: Demonstrate communication strategies for discussing financial issues.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-1.5.1: Compare and contrast the benefits of sharing financial goals and personal finance information with a potential partner before forming a partnership.
Under Development
12-1.5.2: Describe essential elements of contract between individuals and between individuals and businesses.
Under Development
12-1.6: Demonstrate strategies to control personal information.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-1.6.1: Describe the actions a victim of identity theft needs to take to restore personal security.
Relating Income and Careers
12-2.1: Describe how career choice, education, skills, entrepreneurship, and economic conditions affect income.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-2.1.1: Analyze ways economic, social, cultural, and political conditions can affect income and career potential.
12-2.1.2: Analyze the financial risks and benefits of entrepreneurship as a career choice.
12-2.2: Identify sources of personal income.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-2.2.1: Define gift, rent, interest, dividend, capital gain, tip, commission, and business profit income.
12-2.2.2: Describe ways people in the community can benefit from local government assistance programs.
Under Development
12-2.3: Explain how taxes and employee benefits relate to disposable income.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-2.3.1: Analyze typical employee benefits and explain why they are a form of compensation.
12-2.3.2: Describe benefits of employer sponsored savings plans and other options for shifting current income to the future.
Planning and Managing Money
12-3.1: Demonstrate ability to use money management skills and strategies.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.1.1: Create a basic budget with categories for income, taxes, planned savings, and fixed and variable expenses.
12-3.1.2: Demonstrate budgeting to manage spending and achieve financial goals.
12-3.2: Develop a system for keeping and using financial records.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.2.1: Demonstrate use of a system to record income and spending for purchases, services, and taxes.
12-3.2.2: Demonstrate recordkeeping that utilizes a financial institutions online account management system.
12-3.3: Analyze services of financial institutions.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.3.1: Demonstrate skill in executing different payment methods, including cash, checks, stored-value cards, debit cards, credit cards, and electronic or online payment systems.
12-3.3.2: Demonstrate skill in basic financial tasks, including bill payments, check writing, reconciling checking and debit account statements, and monitoring printed and online account statements for accuracy.
12-3.4: Apply consumer skills to purchase decisions.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.4.1: Evaluate impact of external factors on spending decisions.
12-3.4.2: Apply knowledge of external factors to justify a consumer buying decision.
12-3.4.3: Compare the benefits and costs of owning a house versus renting a house.
12-3.5: Connect the role of charitable giving, volunteer service, and philanthropy to community development and quality of life.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.5.1: Demonstrate budgeting financial and other resources to make contributions to a charitable organization.
12-3.6: Develop a personal financial plan.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.6.1: Analyze ways to modify spending practices to achieve financial goals.
12-3.6.2: Develop a personal financial plan that shows allocation of income, spending, saving/investing, and sharing/giving over a year-long time span.
12-3.6.3: Analyze a plan to secure funding for a financial goal.
12-3.7: Examine the purpose and value of estate planning.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-3.7.1: Contrast a will, a "living will" and other ways an estate can be transferred.
Under Development
Managing Credit and Debt
12-4.1: Analyze the costs and benefits of using various types of credit.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-4.1.1: Calculate the cost of borrowing a set amount of money using various types of credit.
12-4.1.2: Explain how grace periods, methods of calculating interest, and fees affect borrowing costs.
12-4.1.3: Apply systematic decision making to identify the most cost-effective option for making a major purchase.
12-4.2: Analyze factors that influence establishing and maintaining a good credit rating.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-4.2.1: Explain how a credit report affects creditworthiness and the cost of credit.
12-4.2.2: Describe ways a negative credit report affects a consumer's financial future and steps to take to improve it.
12-4.3: Analyze methods and benefits of avoiding or correcting credit and debt problems.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-4.3.2: Describe possible consequences of excessive debt.
12-4.4: Analyze major consumer credit laws.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-4.4.1: Analyze online and printed resources for up-to-date information about consumer credit rights.
Under Development
Risk Management and Insurance
12-5.1: Analyze the nature of personal financial risk and the importance of protecting against financial loss.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-5.1.1: Describe ways people can manage risk through avoidance, reduction, retention, and transfer.
12-5.2: Analyze the need for and value of various types of insurance across stages of the life cycle.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-5.2.1: Analyze the amount of coverage a person needs for health, property, life, disability, and liability insurance.
12-5.2.3: Analyze factors that can reduce or increase insurance costs.
Saving and Investing
12-6.1: Explain how saving contributes to financial wellbeing.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-6.1.1: Compare saving strategies, including "pay yourself first," payroll deduction, and comparison shopping to spend less.
12-6.1.2: Compare the interest generated by simple and compound interest at various rates.
12-6.2: Apply strategies for creating wealth and building assets.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-6.2.1: Compare various investing strategies for their potential to build wealth.
12-6.2.2: Analyze an investment utilizing the principles of time value of money.
12-6.2.3: Calculate the end value of lump sum and periodic investments.
Under Development
12-6.3: Compare investment alternatives.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-6.3.1: Analyze the benefits of various investment options in the current economy.
12-6.3.2: Analyze an investment utilizing principles of inflation.
Under Development
12-6.4: Describe how to buy and sell investments.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-6.4.1: Compare advantages and disadvantages of buying and selling investments through various channels, including financial advisors, investment clubs, and online brokers.
12-6.4.2: Compare the investment objectives and historical rates of return of various stocks and mutual funds.
12-6.5: Analyze factors that affect the rate of return on investments.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-6.5.1: Analyze the rate of return on investments using time value of money and economic conditions as factors.
12-6.5.2: Calculate the amount of taxes on investments and income tax-free earnings.
12-6.6: Analyze how agencies that regulate financial markets protect investors.
Standard
Defined by Personal Financial Responsibility Course and Standards
Banzai Solutions
*Any of the activities below will satisfy the competency
12-6.6.2: Identify additional services and benefits of the Indiana Securities Commission and other federal and state regulators.
Under Development