Pennsylvania
3rd-5th Grade
State Standards
Look below to see how Banzai's courses, worksheets, activities, and games align with the Academic Standards for Personal Finance for 3rd-5th Grade. Note, any one activity listed will satisfy the associated competency.
Academic Standards for Personal Finance, grouped by grade band with standard sections
17.1: Personal Finance Fundamentals
Standard
Defined by Academic Standards for Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
17.1.3-5.A: Describe reasons people set financial goals.
17.1.3-5.B: Identify the opportunity cost of various financial decisions, including ones related to earning, spending, and saving.
17.1.3-5.C: Explain how life circumstances and experiences can alter attitudes toward money.
Under Development
17.1.3-5.D: Identify financial decisions people make that may not be in their best interest.
17.1.3-5.E: Describe conversations people have about money.
17.1.3-5.F: Identify products and services provided by financial institutions.
17.2: Income
Standard
Defined by Academic Standards for Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
17.2.3-5.A: Describe how people receive income (e.g., work, gifts, renting property to others).
17.2.3-5.C: Explain ways people improve their ability to earn income through education, training, and experience.
17.2.3-5.G: Describe how people earn income through entrepreneurship and supplemental employment.
17.3: Spending
Standard
Defined by Academic Standards for Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
17.3.3-5.A: Explain factors that influence a person's spending decisions and the impact these has on how they prioritize their wants.
17.3.3-5.C: Provide examples of household spending and sources of income.
17.3.3-5.D: Construct a simple budget (e.g., for a family, individual, or school event).
17.3.3-5.G: Explain various payment methods (e.g., cash, checks, gift cards, debit cards, credit cards).
17.3.3-5.L: Identify taxes applied to certain purchases.
17.3.3-5.M: Identify reasons people participate in fundraising efforts and the causes they support.
Under Development
17.4: Saving & Investing
Standard
Defined by Academic Standards for Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
17.4.3-5.A: Identify items that might increase or decrease in value over time.
17.4.3-5.B: Describe a variety of savings goals and the factors that influence them.
17.4.3-5.C: Identify reasons people deposit money to be saved in accounts at financial institutions and factors they might consider when selecting a financial institution.
17.5: Risk & Insurance
Standard
Defined by Academic Standards for Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
17.5.3-5.A: Describe how unexpected events could impact a person's finances (e.g., floods, automobile accidents, illness).
17.5.3-5.B: Explain how emergency savings can be used to offset losses from unexpected events.
17.5.3-5.C: Provide examples of insurance people buy in order to transfer financial risk (e.g., health, auto, flood).
17.5.3-5.H: Predict the financial consequences of sharing personal information.
17.6: Credit
Standard
Defined by Academic Standards for Personal Finance
Banzai Solutions
*Any of the activities below will satisfy the competency
17.6.3-5.A: Identify traits that could impact a person's ability to borrow items or money.
17.6.3-5.C: Identify goods and services people often pay for over time using credit.
17.6.3-5.D: Describe how using a credit card is a form of borrowing.
17.6.3-5.E: Explain why borrowers might be asked to repay more than they initially borrowed (e.g., interest, fees).