MA 120: Mathematical Modeling for Personal Finance

Resources for Financial Literacy

The main goals for MA120 are about quantitative reasoning and mathematical modeling. Nonetheless, the subject matter invites and encourages a broad base of general financial literacy. The following resources are provided as trustworthy sources of financial literacy information. U.S. Financial Literacy and Education Commission

Sorted New Zealand's Independent Money Guide

Money Math: Lessons for Life is a four-lesson curriculum supplement for middle school math classes, teaching grade 7-9 math concepts using real-life examples from personal finance.

Survey of Consumer Finances includes information on families' balance sheets, pensions, income, and demographic characteristics. provides salary information across careers and geographies based on survey information

High School Economics and Finance Concepts Demonstration Animated/adaptive graphical demonstrations of fundamental economics and finance relationships using computer modeling (Mathematica)


ESPlanner Basic is an online program which uses the LC model and consumption smoothing, and it is particularly useful for applied decision-making in the United States. Many case studies are provided for illustration.

iFinance Financial calculator toolkit for the iPhone

Is it better to buy or rent? Animated/adaptive graphical model which shows the breakeven points for renting versus owning your housing.