Standards for What’s the Cost of Spending and Saving?
National Standards in Financial Literacy
Name: Saving
Standard: 3
- Students will understand that: People who have sufficient income can choose to save some of it for future uses such as emergencies or later purchases. Savings decisions depend on individual preferences and circumstances. Funds needed for transactions, bill-paying, or purchases, are commonly held in federally insured checking or savings accounts at financial institutions because these accounts offer easy access to their money and low risk. Interest rates, fees, and other account features vary by type of account and between financial institutions, with higher rates resulting in greater compound interest earned by savers.
Common Core State Standards
Name: Anchor Standards for Language
Standard:
Area:
Name: Anchor Standards for Writing
Standard:
Area:
Name: CCRA.R.10
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.
Name: HSF-LE.A
Standard: High School: Functions
Area: High School: Functions
- Construct and compare linear, quadratic, and exponential models and solve problems.
Name: HSF-LE.B
Standard: High School: Functions
Area: High School: Functions
- Interpret expressions for functions in terms of the situation they model.
Name: RH.9-10.4
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.