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National
Standards in Personal Finance

Below are the National Standards in Personal Finance that most closely relate to the following interactive tool.

INTERACTIVE

Making Sen$e with Paul Solman: Americans Facing More Inequality, More Debt and Now More Trouble? ~ http://www.econedlink.org/i169

Grades: 9-12

STANDARDS

Name: Credit and Debt

Standard: 4

Grades: K-12

  • Maintain creditworthiness, borrow at favorable terms, and manage debt.
  • Summarize major consumer credit laws.

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: Credit and Debt

Standard: 2

Grades: K-12

  • Maintain creditworthiness, borrow at favorable terms, and manage debt.
  • Explain the purpose of a credit record and identify borrowers' credit report rights.

Name: Credit and Debt

Standard: 1

Grades: K-12

  • Maintain creditworthiness, borrow at favorable terms, and manage debt.
  • Identify the costs and benefits of various types of credit.

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: 3

Grades: K-12

  • Organize personal finances and use a budget to manage cash flow.
  • Describe how to use different payment methods.

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: 6

Grades: K-12

  • Apply reliable information and systematic decision making to personal financial decisions.
  • Control personal information.

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: Income and Careers

Standard: 2

Grades: K-12

  • Use a career plan to develop personal income potential.
  • Identify sources of personal income.