Bank of America and Khan Academy created an online partnership to educate consumers about the basics of personal finance and money management. Students sign up for free and can accumulate points and earn badges on many topics including credit, taxes, personal banking/security, saving, school expenses, home buying, car buying, and debt. Tools include informative videos, infographics, key takeaways, and short quizzes.

The Gen i Revolution consists of sixteen interactive missions in which students complete a variety of activities to help the learn important personal finance concepts.

Students will be able to:

-Explain how a loan’s principal, interest rate, and term affect the overall cost of the loan
-Explain beneficial ways to prepare for taking out a loan and where to apply for one
-Calculate the total cost of a loan with different credit scores

Lesson Length: 60 mins

This resource is a collaborative assessment that takes about five 50-minute class periods (without the presentation time) that can be used after completing the Junior Achievement Economics for Success program. Outcome topics include goals, budgeting, credit, and insurance. Other prior knowledge includes how to create, format, and collaborate using a presentation app (Google Slides). Keep in mind that this project is used in a class that also teaches keyboarding, personal finance, and computer applications.  This is part of a unit assessment.