Personal Financial Literacy

Personal Financial Literacy is designed for students in Grades 7-12.  These standards of learning are priority, essential, and necessary for all Oklahoma students.  Learning the ideas, concepts, knowledge, and skills will enable students to implement personal financial decision-making skills; to become wise, successful, and knowledgeable consumers, savers, investors, users of credit, money managers, and to be participating members of a global workforce and society.

Real-world topics covered by these standards include the following:

•     Earning an income
•     Understanding state and federal taxes
•     Banking and financial services
•     Managing a bank account
•     Savings and investing
•     Planning for retirement
•     Understanding the Free Application for Federal Student Aid (FAFSA) loans and borrowing money, including predatory lending and payday loans
•     Understanding interest, credit card debt, and online commerce
•     Identity fraud and theft
•     Rights and responsibilities of renting or buying a home
•     Understanding insurance
•     Understanding the financial impact and consequences of gambling
•     Bankruptcy
•     Charitable giving

Teacher Resources and Information

• Next-Gen Personal Finance

• Personal Financial Literacy State Rules

• Free Personal Financial Literacy Resources
• House Bill 1476
• PFL Academic Vocabulary
• Passport Cumulative Record Form
• PFL Teacher and Student Materials
• Introduction Guide to the Curriculum

Remote Learning Resources

• Banzai
• EVERFI
• FoolProof
• K-20 Center Mind Your Own Budget
• Next Gen Personal Finance

FASFA Help

• Federal Student Aid
• Federal Student Aid help
• Free Application for Federal Student Aid
• FAFSA Video Tutorials
• FAFSA 4caster
• Expected Family Contribution (EFC) Calculator