Life Scenarios

Life Scenarios

Game • 4.0 hrs of learning

Here's how Life Scenarios aligns with curriculum standards in Washington. Use the filters to change the location, set of standards, and grade level.

7.SS: Spending and Saving

Develop a plan for spending and saving.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
1: Assess how spending priorities reflect goals and personal values.
2: Illustrate how spending and saving behavior can affect overall well-being.
3: Understand the components of a personal spending plan, including income, planned saving, and expenses.

Apply consumer skills to spending and saving decisions.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
13: Identify the relationship between spending practices and achieving financial goals.

7.RM: Risk Management and Insurance

Identify common types of risks and basic risk management methods.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
1: Give examples of how people manage the risk of financial loss through avoidance, acceptance, control and reduction, and transfer through insurance.
2: Give examples of the consequences of accepting risk with insufficient or no insurance.

Justify reasons to use property and liability insurance.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
6: Determine the kinds of expenses that typical renters' policies and homeowners' policies cover.

7.FD: Financial Decision-Making

Recognize the responsibilities associated with personal financial decisions.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
1: Analyze money-handling decisions that young adults commonly face.
2: Categorize the benefits of making sound financial decisions and the costs of making unsound financial decisions.

Make criterion-based financial decisions by systematically considering alternatives and consequences.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
13: Apply systematic decision-making to setting and achieving financial goals.
14: Prioritize personal financial goals.
15: Determine the cost of achieving a financial goal.
16: Evaluate the results of a financial decision.
17: Give examples of how decisions made today can affect future opportunities.

Use a personal financial plan or budget.

Standards
Defined by State Learning Standards: Financial Education 7th Grade and align with Life Scenarios
27: Classify assets and liabilities.