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National
Standards in Personal Finance

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

LESSON

This Little Piggybank Went to Market ~ http://www.econedlink.org/e318

Grades: K-2

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: 6

Grades: K-12

  • Implement a diversified investment strategy that is compatible with personal goals.
  • Investigate how agencies that regulate financial markets protect investors.

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: 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: 6

Grades: K-12

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