Navigating the complexities of personal finance is a crucial skill for today’s students. The Money Path application bridges the gap between financial education and practical, real-world application. This versatile tool aligns seamlessly with the Wisconsin Standards for Personal Financial Literacy ensuring students are well-equipped to manage their financial futures.

Alignment with Wisconsin Standards for Personal Financial Literacy

The Wisconsin Standards for Personal Financial Literacy were established to enhance students’ financial knowledge and skills. Here’s how Money Path aligns with the six key strands of the standards:

  1. Financial Mindset: The app helps students develop a proactive and informed approach to financial planning. It encourages students to think critically about their financial choices and understand the long-term impact of those decisions through realistic simulations and personalized scenarios.
  2. Education and Employment: Money Path allows students to explore different educational and career paths, assessing the financial implications of each. This includes the costs of higher education, potential student loans, and the expected return on investment from various career choices.
  3. Money Management: The app provides tools for creating and managing a budget, tracking income and expenses, and understanding the importance of financial balance. It includes features for setting financial goals, monitoring progress, and adjusting spending to meet those goals.
  4. Saving and Investing: Money Path educates students on the principles of saving and investing by allowing them to create savings goals and see how investing early and regularly can contribute to financial security and growth.
  5. Credit and Debt: The app helps students forecast and manage various forms of debt, including student loans, car loans, and mortgages. It shows how these debts affect their monthly budget and long-term financial goals and how to effectively integrate loan repayments into their overall financial plan.
  6. Risk Management and Insurance: Money Path supports risk management by helping students create detailed budgets, an effective tool for anticipating and preparing for financial uncertainties. The app also provides information on health insurance and how to incorporate insurance costs into their financial plan.

Our Money Path program alignment document provides a more detailed, in-depth look at how the app aligns with Wisconsin personal finance standards. Money Path also complements existing financial curriculums such as Next Gen Personal Finance, Jump$tart Coalition, and Junior Achievement and enhances subjects like personal finance, economics, business, and social studies.

Crosswalking Curriculum

The Money Path team is here to support you and is well-versed in creating curriculum crosswalks to help fill in any gaps. By crosswalking your curriculum with Money Path you can create a cohesive learning experience for your students and provide them with a practical tool to apply the concepts they’ve learned throughout the semester. Comprehensive educator support includes: 

For more information on how Money Path can be integrated into your curriculum sign up for one of our hassle-free 15-minute Demo Days and see Money Path in action without even turning on your camera!