EconEdLink

National
Standards in Personal Finance

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


LESSON

WHERE DID ALL THE MONEY GO? The Great Depression Mystery ~ http://www.econedlink.org/e558

Grades: 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: Saving and Investing

Standard: 3

Grades: K-12

  • Implement a diversified investment strategy that is compatible with personal goals.
  • Evaluate investment alternatives.

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: 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: 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.

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.