Author Archives: Kevin Smith

This is an autobiography about me.

High School Budgeting Game Coming To PFinLab!

The world’s best tool for teaching Personal Finance, Economics, and Business is about to get even better with our new customizable Budgeting Game!   How It Works Starting Fall 2019, schools with a site license for PersonalFinanceLab.com stock and budgeting games will now have the option to also add our new customizable budgeting simulation to Read More…

Why use stock market games?

Teachers sometimes ask us why we anchor the curriculum and other activities on PersonalFinanceLab.com to our stock market simulation – so we want to tell you why! Research Tested, Student Approved There are numerous studies showing how stock market games improve classroom outcomes in Personal Finance, Economics, and Business classes, with a body of literature Read More…

Lab Spotlight: Marquette Catholic High School

Marquette Catholic High School in Michigan City, Indiana was one of the first schools we worked with to transform one of their classrooms into a full Financial Literacy Lab. The Marquette program utilizes the Personal Finance Lab simulation and curriculum both in their Economics classes and their Global Trading classes, focused on investing and finance. Read More…

Elements of a Finance Lab

We work with hundreds of schools around the country to take their Personal Finance, Economics, and Business classes to the next level. Over the last few years, more and more schools are building Finance Labs – combining stock market games, hardware, and their classroom into the most popular room at the school.  No two schools Read More…

What can I put in my MarketInsight display?

The MarketInsight display is one of the fundamental pieces of any Finance Lab. This is an LCD screen that can rotate several financial “widgets” for your classes. The coolest part is that each MarketInsight is fully configurable – you choose what you want displayed!   How does it work? Think of your MarketInsight like a Read More…

Building a $1000 Finance Lab

Cost is the biggest barrier preventing teachers from launching their first lab. Getting quotes from vendors, applying for grants, getting administration approval (on top of planning and running your classes!) puts up a huge wall between your students and the awesome financial literacy resources they deserve. To help break down this barrier, we’ve put together Read More…

Comparative Advantage

This article describes Comparative Advantage, which is the term used to describe how one person, business, or economy, is able to outproduce one product or service compared to another person, business, or economy. Click on this post to learn about different types of comparative advantage, and to see an example of how it works in the real world.

Using Spreadsheets – Graphing

Having trouble knowing how to communicate your raw portfolio data, into consolidated, comprehensible reports? Look no further. This article details step-by-step instructions on how to use Excel to to graph your portfolio’s values.