Making and Spending Money

Making and Spending Money

Article • 15 min of learning

Here's how Making and Spending Money aligns with curriculum standards in Washington DC. Use the filters to change the location, set of standards, and grade level.

Spending

Skills Standards

SP.S.1: Create a budget based on changing individual inputs, constraints and goals.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Making and Spending Money
Students will create a system to efficiently track their expenditures using different methods.
Students adjust a budget for unexpected expenses or emergencies.
Students will identify their short-term and long-term financial goals.
Students will develop a budget to allocate current income to necessary and desired spending, including estimates for both fixed and variable expenses.

SP.S.3: Assess the impact of unexpected expenses (e.g., medical emergencies, layoffs, car accidents), and develop effective strategies for managing these expenses.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Making and Spending Money
Students will determine strategies to respond to unexpected expenses.

Knowledge Standards

SP.K.2: Analyze how management of financial resources changes at different income and wealth levels, considering budgeting, savings and expenditures.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Making and Spending Money
Students will analyze budgetary differences of two different income levels.