9th-12th Grades

State Standards

Personal Finance

PF 1Analyze elements that affect personal income.

PF 1.1Explain controllable factors involved in personal finance.

PF 1.2Analyze factors that affect take home pay.

PF 2Implement processes involved in managing personal finances.

PF 2.1Execute a rational decision-making process considering alternatives and consequences.

PF 2.2Differentiate among various money management tools.

PF 2.3Generate a system to organize finances and maintain records.

PF 3Use an informed decision-making process to manage credit and debt.

PF 3.1Differentiate the sources, costs and benefits of using consumer credit.

PF 3.2Explain the positive and negative consequences of using credit.

PF 4Evaluate savings and investment options to meet short- and long-term goals.

PF 4.1Explain how saving contributes to financial security.

PF 4.2Explain how investing builds wealth and helps meet financial goals.

PF 5Use appropriate and cost-effective risk management strategies.

PF 5.1Evaluate how risk management protects against financial loss.

PF 5.2Determine how consumer protection laws protect consumers.