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
'Be All You Can Be'...For Minimum Wage? ~ http://www.econedlink.org/e94
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: 5
Grades: K-12
- Organize personal finances and use a budget to manage cash flow.
- Consider charitable giving.
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: Income and Careers
Standard: 3
Grades: K-12
- Use a career plan to develop personal income potential.
- Describe factors affecting take-home pay.
Name: Income and Careers
Standard: 1
Grades: K-12
- Use a career plan to develop personal income potential.
- Explore career options.
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: 1
Grades: K-12
- Apply reliable information and systematic decision making to personal financial decisions.
- Take responsibility for personal financial decisions.
Name: Income and Careers
Standard: 2
Grades: K-12
- Use a career plan to develop personal income potential.
- Identify sources of personal income.
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: 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: Financial Responsibility and Decision Making
Standard: 6
Grades: K-12
- Apply reliable information and systematic decision making to personal financial decisions.
- Control personal information.