New Jersey
6th-8th Grade
State Standards
Look below to see how Banzai's courses, worksheets, activities, and games align with the Career Readiness, Life Literacies and Key Skills for 6th-8th Grade. Note, any one activity listed will satisfy the associated competency.
9.1 Personal Financial Literacy by the End of Grade 8
9.1.8.CR: Civic Financial Responsibility
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.CR.1: Compare and contrast the role of philanthropy, volunteer service, and charities in community development and the quality of life in a variety of cultures.
Under Development
9.1.8.CR.2: Compare various ways to give back through strengths, passions, goals, and other personal factors.
Under Development
9.1.8.CR.3: Relate the importance of consumer, business, and government responsibility to the economy and personal finance.
Under Development
9.1.8.CR.4: Examine the implications of legal and ethical behaviors when making financial decisions.
9.1.8.CDM: Credit and Debt Management
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.CDM.1: Compare and contrast the use of credit cards and debit cards for specific purchases and the advantages and disadvantages of using each.
9.1.8.CDM.2: Demonstrate an understanding of the terminology associated with different types of credit (e.g., credit cards, installment loans, mortgages, lines of credit) and compare and calculate the interest rates associated with each.
9.1.8.CDM.3: Compare and contrast loan management strategies, including interest charges and total principal repayment costs.
9.1.8.CDM.4: Evaluate the application process for different types of loans (e.g., credit card, mortgage, student loans).
Under Development
9.1.8.CP: Credit Profile
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.CP.1: Compare prices for the same goods or services.
9.1.8.CP.2: Analyze how spending habits affect one's ability to save.
9.1.8.CP.3: Explain the purpose of a credit score and credit record, the factors and impact of credit scores.
9.1.8.CP.4: Summarize borrower's credit report rights.
Under Development
9.1.8.CP.5: Compare the financial products and services available to borrowers relative to their credit worthiness.
Under Development
9.1.8.EG: Economic and Government Influences
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.EG.1: Explain how taxes affect disposable income and the difference between net and gross income.
9.1.8.EG.2: Explain why various sources of income are taxed differently.
9.1.8.EG.3: Explain the concept and forms of taxation and evaluate how local, state and federal governments use taxes to fund public activities and initiatives.
9.1.8.EG.4: Identify and explain the consequences of breaking federal and/or state employment or financial laws.
Under Development
9.1.8.EG.5: Interpret how changing economic and societal needs influence employment trends and future education.
9.1.8.EG.6: Explain the economic principle of the circular flow of money in different situations regarding buying products or services from a local or national business and buying imported or domestic goods.
Under Development
9.1.8.EG.7: Explain the effect of the economy (e.g., inflation, unemployment) on personal income, individual and family security, and consumer decisions.
9.1.8.EG.8: Analyze the impact of currency rates over a period of time and the impact on trade, employment, and income.
Under Development
9.1.8.EG.9: Identify types of consumer fraud, the procedures for reporting fraud, the specific consumer protection laws, and the issues they address.
9.1.8.FI: Financial Institutions
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.FI.1: Identify the factors to consider when selecting various financial service providers.
9.1.8.FI.2: Determine the most appropriate use of various financial products and services to borrow and access money for making purchases (e.g., ATM, debit cards, credit cards, check books, online/mobile banking).
9.1.8.FI.3: Evaluate the most appropriate financial institutions to assist with meeting various personal financial needs and goals.
9.1.8.FI.4: Analyze the interest rates and fees associated with financial products.
9.1.8.FP: Financial Psychology
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.FP.1: Describe the impact of personal values on various financial scenarios.
Under Development
9.1.8.FP.2: Evaluate the role of emotions, attitudes, and behavior (rational and irrational) in making financial decisions.
Under Development
9.1.8.FP.3: Explain how self-regulation is important to managing money (e.g., delayed gratification, impulse buying, peer pressure, etc.).
9.1.8.FP.4: Analyze how familial and cultural values influence savings rates, spending, and other financial decisions.
Under Development
9.1.8.FP.5: Determine how spending, investing, and using credit wisely contributes to financial well-being.
9.1.8.FP.6: Compare and contrast advertising messages to understand what they are trying to accomplish.
9.1.8.FP.7: Identify the techniques and effects of deceptive advertising.
9.1.8.PB: Planning and Budgeting
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.PB.1: Predict future expenses or opportunities that should be included in the budget planning process.
9.1.8.PB.2: Explain how different circumstances can affect one's personal budget.
9.1.8.PB.3: Explain how to create budget that aligns with financial goals.
9.1.8.PB.4: Construct a simple personal savings and spending plan based on various sources of income and different stages of life (e.g. teenager, young adult, family).
9.1.8.PB.5: Identify factors that affect one's goals, including peers, culture, location, and past experiences.
Under Development
9.1.8.PB.6: Construct a budget to save for short-term, long term, and charitable goals.
9.1.8.PB.7: Brainstorm techniques that will help decrease expenses including comparison shopping, negotiating, and day-to-day expense management.
9.1.8.RM: Risk Management and Insurance
Standard
Defined by Career Readiness, Life Literacies and Key Skills
Banzai Solutions
*Any of the activities below will satisfy the competency
9.1.8.RM.1: Determine criteria for deciding the amount of insurance protection needed.
9.1.8.RM.2: Analyze the need for and value of different types of insurance and the impact of deductibles in protecting assets against loss.
9.1.8.RM.3: Evaluate the need for different types of warranties.
9.1.8.RM.4: Explain the purpose of insurance products and the reasons for property product and liability insurance protection.