National
Standards in Personal Finance
Below are the National Standards in Personal Finance that most closely relate to the following lesson.
STANDARDS
Name: Risk Management and Insurance
Standard: 3
Grades: K-12
- Use appropriate and cost-effective risk management strategies.
- Explain the purpose and importance of health, disability, and life insurance protection.
Name: Risk Management and Insurance
Standard: 2
Grades: K-12
- Use appropriate and cost-effective risk management strategies.
- Explain the purpose and importance of property and liability insurance protection.
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: Income and Careers
Standard: 2
Grades: K-12
- Use a career plan to develop personal income potential.
- Identify sources of personal income.
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.