Standards for Managing Your Money
National Standards in Financial Literacy
- Students will understand that: A budget is a plan for allocating a person’s spendable income to necessary and desired goods and services. When there is sufficient money in their budget, people may decide to give money to others, save, or invest to achieve future goals. People can often improve their financial wellbeing by making well-informed spending decisions, which includes critical evaluation of price, quality, product information, and method of payment. Individual spending decisions may be influenced by financial constraints, personal preferences, unique needs, peers, and advertising.
Common Core State Standards
Name: Anchor Standards for Language
Name: Anchor Standards for Writing
Standard: College and Career Readiness Anchor Standards for Reading
Area: College and Career Readiness Anchor Standards for Reading
- Read and comprehend complex literary and informational texts independently and proficiently.
Standard: High School: Algebra
Area: High School: Algebra
- Write expressions in equivalent forms to solve problems.
Standard: High School: Functions
Area: High School: Functions
- Interpret expressions for functions in terms of the situation they model.
Standard: History/Social Studies -- Grade 11-12
Area: History/Social Studies -- Grade 11-12
- Determine the central ideas or information of a primary or secondary source; provide an accurate summary that makes clear the relationships among the key details and ideas.
Standard: History/Social Studies -- Grade 9-10
Area: History/Social Studies -- Grade 9-10
- Determine the meaning of words and phrases as they are used in a text, including vocabulary describing political, social, or economic aspects of history/social science.