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Financial Literacy


The financial literacy standards promote the goal of financial capability. The standards focus on setting goals, saving and spending, credit and debt, investing, and measuring financial risk.

Develop Financial and Career Goals

SS-FL.9-12.13. Develop short- and long-term financial goals.

SS-FL.9-12.14. Evaluate entrepreneurship, career choices and the effect on the standard of living.

Create a Saving and Spending Plan

SS-FL.9-12.15. Evaluate the effect of taxes and other factors on income.

SS-FL.9-12.16. Develop a saving and spending plan using a financial recordkeeping tool.

SS-FL.9-12.17. Apply consumer skills to saving and spending decisions.

Analyze Credit and Debt Levels

SS-FL.9-12.18. Analyze the cost and benefits of different types of credit and debt.

SS-FL.9-12.19. Summarize a borrower's rights and responsibilities.

SS-FL.9-12.20. Investigate strategies to avoid and manage debt effectively.

Evaluate Savings and Long Term Investments

SS-FL.9-12.21. Evaluate short-term savings tools.

SS-FL.9-12.22. Apply investment tools to meet financial goals.

Measure Risk Management Tools

SS-FL.9-12.23. Justify reasons to use various forms of insurance.

SS-FL.9-12.24. Establish strategies for protection of personal identity and other forms of fraud.