EconEdLink
National
Standards in Personal Finance
Below are the National Standards in Personal Finance that most closely relate to the following lesson.
- Check out your State's Standards.
- Check out National Standards in Economics.
LESSON
Focus on Economic Data: Gross Domestic Product - September 2002 ~ http://www.econedlink.org/e405
Grades: 9-12
STANDARDS
Name: Financial Responsibility and Decision Making
Standard: 3
Grades: K-12
- Apply reliable information and systematic decision making to personal financial decisions.
- Summarize major consumer protection laws.
Name: Saving and Investing
Standard: 3
Grades: K-12
- Implement a diversified investment strategy that is compatible with personal goals.
- Evaluate investment alternatives.
Name: Planning and Money Management
Standard: 4
Grades: K-12
- Organize personal finances and use a budget to manage cash flow.
- Apply consumer skills to purchase decisions.
Name: Saving and Investing
Standard: 1
Grades: K-12
- Implement a diversified investment strategy that is compatible with personal goals.
- Discuss how saving contributes to financial well-being.
Name: Financial Responsibility and Decision Making
Standard: 2
Grades: K-12
- Apply reliable information and systematic decision making to personal financial decisions.
- Find and evaluate financial information from a variety of sources.
Name: Saving and Investing
Standard: 2
Grades: K-12
- Implement a diversified investment strategy that is compatible with personal goals.
- Explain how investing builds wealth and helps meet financial goals.