Mike English
President & CEO, Missouri Council on Economic Education
President, National Association of Economic Educators

13 States Require a Personal
Finance Course to be Taken

Wichita School District Requires a
.5 Financial Literacy Course

Standards and Competencies
• Jump$tart Coalition Standards: http://jumpstart.org/assets/files/standard_book-ALL.pdf
• Missouri Personal Finance Competencies: http://dese.mo.gov/divimprove/assess/documents/Person al_Finance_Competencies.pdf
• Council for Economic Education Financial Literacy
Standards(NEW): http://www.councilforeconed.org/resource/nationalstandards-for-financial-literacy/

Council for Economic Education
Financial Literacy Standards
The standards contain the areas of knowledge and understanding that are fundamental to personal finance:
• Earning Income
• Buying Goods and Services
• Using Credit
• Saving
• Financial Investing
• Protecting and Insuring

Council for Economic Education
Financial Literacy Standards

Council for Economic Education
Financial Literacy Standards

Council for Economic Education
Financial Literacy Standards

Council for Economic Education
Financial Literacy Standards

Council for Economic Education
Financial Literacy Standards

Council for Economic Education
Financial Literacy Standards

Teaching Resources http://missouri.councilforeconed.org/resources/teachingresources-personal-finance/

Classroom Lessons from Virtual Economics

Free Lessons Online
 Videos
 Other Interactives
Personal Finance Teaching Resources 14

Teaching Resources http://missouri.councilforeconed.org/resources/teachingresources-personal-finance/

Classroom Lessons from Virtual Economics

Free Lessons Online
 Videos
 Other Interactives
Personal Finance Teaching Resources 15

Virtual Economics Version 4.0 is available as a CD-ROM
VE 4.0 is also available as a 1 GB USB Flash Drive

Virtual Economics 4.0
51 key economics concepts illustrated with an overview, a multimedia demonstration, teaching tips and featured lessons
Personal Finance Teaching Resources 17

Virtual Economics 4.0
1,400 CEE lessons searchable by economic concept, grade level, key word, national economics standard, your state economics standard and publication
Personal Finance Teaching Resources 18

Personal Finance Teaching Resources 19

Personal Finance Teaching Resources 20

Personal Finance Teaching Resources 21

Teaching Resources http://missouri.councilforeconed.org/resources/teachingresources-personal-finance/

Classroom Lessons from Virtual Economics

Free Lessons Online
 Videos
 Other Interactives
Personal Finance Teaching Resources 22

Free Lessons Online
How is Our Economy Doing?
(econedlink)
U.S. Senate Rejects Minimum Wage Bill (econedlink)
Specialization and the Decathlon (econedlink)
Should LeBron James Mow His Own Lawn?
(econedlink)
Opportunity Cost (econedlink)
Buying vs. Renting (econedlink)
Spending Plans (Yes You Can)
Payment Methods (Yes You Can)
Spending Smart (Hands on Banking)
Personal Finance Teaching Resources 23

Teaching Resources http://missouri.councilforeconed.org/resources/teachingresources-personal-finance/

Classroom Lessons from Virtual Economics

Free Lessons Online
 Videos
 Other Interactives
Personal Finance Teaching Resources 24

Videos
Money Management/Budgeting (Virtual Economics)
Wallet Wars (Generation Money Videos)
Budget Builder (NEFE)
Inflation Overview (Khan Academy)
Personal Finance Teaching Resources 25

Teaching Resources http://missouri.councilforeconed.org/resources/teachingresources-personal-finance/

Classroom Lessons from Virtual Economics

Free Lessons Online
 Videos
 Other Interactives
Personal Finance Teaching Resources 26

Online Interactives
Personal Finance 101 – Chat — How to Open a Bank
Account (St. Louis Fed) http://www.stlouisfed.org/education_resources/personalfinance-101-chats/pf-101-chat-how-to-open-a-bankaccount/
Personal Finance Teaching Resources 27

Personal Finance Teaching Resources 28

www.econedlink.org/profile/sign-in.php?not-logged-in
Personal Finance Teaching Resources 29

menglish personalfinance www.econedlink.org/profile/sign-in.php?not-logged-in
Personal Finance Teaching Resources 30

Saved Lessons: I saved a bunch to get you started
Quiz Builder: Let’s build a quiz
Group Discussion: Should we all share my profile, or would you rather create your own?
Personal Finance Teaching Resources 31