Consumer Smarts

Consumer Smarts

Game • 45 min of learning

Here's how Consumer Smarts aligns with curriculum standards in Alabama. Use the filters to change the location, set of standards, and grade level.

Financial Responsibility

5: Gather information from several sources when planning to purchase a product. Examples: manufacturers, retailers, consumer reviews, independent testing laboratories

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Consumer Smarts
a: Explain what information is most helpful in choosing which product to buy.

Consumer Decisions and Behavior

9: Describe factors that impact consumer purchasing decisions throughout the lifespan.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Consumer Smarts
a: Explain how limitations on financial resources affect the choices people make.
b: Explain how consumers can benefit from conducting a cost‑benefit analysis before making a financial decision.
c: Analyze the influence of peer pressure and emotions on purchasing decisions. Examples: fashion, acceptance from others, desire for the latest gadget
e: Explain the impact of marketing, advertising, and sales strategies or techniques on purchasing decisions. Examples: impulse buying, delayed payment

10: Apply a decision‑making model to maximize consumer satisfaction when buying goods and services.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Consumer Smarts
a: Categorize possible purchases of goods and services as wants or needs, explaining the reasoning for each decision.
c: Analyze the value of warranties, service contracts, and risk protection for a variety of products and services. Example: research due diligence on service work

Money Management

16: Prepare a monthly budget for an individual or a family given their income, savings goals, taxes, and list of fixed and variable expenses.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Consumer Smarts
b: Describe methods of allocating resources to meet savings and investment goals.
c: Analyze how changes in life circumstances can affect a personal spending plan. Examples: job change, having a child, major illness, theft of property, automobile accident