EconEdLink
National
Standards in Personal Finance
Below are the National Standards in Personal Finance that most closely relate to the following interactive tool.
- Check out your State's Standards.
- Check out National Standards in Economics.
INTERACTIVE
Budget Odyssey ~ http://www.econedlink.org/i145
Grades: 6-8, 9-12
STANDARDS
Name: Credit and Debt
Standard: 3
Grades: K-12
- Maintain creditworthiness, borrow at favorable terms, and manage debt.
- Describe ways to avoid or correct debt problems.
Name: Planning and Money Management
Standard: 6
Grades: K-12
- Organize personal finances and use a budget to manage cash flow.
- Develop a personal financial plan.
Name: Planning and Money Management
Standard: 2
Grades: K-12
- Organize personal finances and use a budget to manage cash flow.
- Develop a system for keeping and using financial records.
Name: Planning and Money Management
Standard: 1
Grades: K-12
- Organize personal finances and use a budget to manage cash flow.
- Develop a plan for spending and saving.
Name: Financial Responsibility and Decision Making
Standard: 4
Grades: K-12
- Apply reliable information and systematic decision making to personal financial decisions.
- Make financial decisions by systematically considering alternatives and consequences.
Name: Financial Responsibility and Decision Making
Standard: 6
Grades: K-12
- Apply reliable information and systematic decision making to personal financial decisions.
- Control personal information.