EconEdLink

National
Standards in Personal Finance

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


LESSON

Who Knows What Inefficiencies Lurk in the Hearts of Rent Controlled Housing Markets? The Shadow Market Knows! ~ http://www.econedlink.org/e47

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: 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: 6

Grades: K-12

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