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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

Jokes, Quotations, and Cartoons in Economics ~ http://www.econedlink.org/e954

Grades: 9-12

STANDARDS

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: 5

Grades: K-12

  • Implement a diversified investment strategy that is compatible with personal goals.
  • Explain how taxes affect the rate of return on investments.

Name: Saving and Investing

Standard: 4

Grades: K-12

  • Implement a diversified investment strategy that is compatible with personal goals.
  • Describe how to buy and sell investments.

Name: Credit and Debt

Standard: 4

Grades: K-12

  • Maintain creditworthiness, borrow at favorable terms, and manage debt.
  • Summarize major consumer credit laws.

Name: Credit and Debt

Standard: 2

Grades: K-12

  • Maintain creditworthiness, borrow at favorable terms, and manage debt.
  • Explain the purpose of a credit record and identify borrowers' credit report rights.

Name: Credit and Debt

Standard: 1

Grades: K-12

  • Maintain creditworthiness, borrow at favorable terms, and manage debt.
  • Identify the costs and benefits of various types of credit.

Name: Planning and Money Management

Standard: 3

Grades: K-12

  • Organize personal finances and use a budget to manage cash flow.
  • Describe how to use different payment methods.

Name: Financial Responsibility and Decision Making

Standard: 3

Grades: K-12

  • Apply reliable information and systematic decision making to personal financial decisions.
  • Summarize major consumer protection laws.

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.

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: Saving and Investing

Standard: 3

Grades: K-12

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