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 Connecticut. Use the filters to change the location, set of standards, and grade level.

Financial Literacy Standards

9.1: Earning Income

12.10: Retirement income typically comes from some combination of continued employment earnings, Social Security, employer sponsored retirement plans, and personal investments.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Making and Spending Money
12.10.a: Identify different potential sources of retirement income.

9.2: Spending

12.1: A budget helps people achieve their financial goals by allocating income to necessary and desired spending, saving, and philanthropy.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Making and Spending Money
12.1.a: Identify their short-term and long-term financial goals.
12.1.b: Develop a budget to allocate current income to necessary and desired spending, including estimates for both fixed and variable expenses.
12.1.c: Explain methods for adjusting a budget for unexpected expenses or emergencies.

12.9: Having an organized system for keeping track of spending, saving, and investing makes it easier to make financial decisions.

Standards
Defined by Standards for Personal Finance: NGPF 9th-12th Grades and align with Making and Spending Money
12.9.a: Explain how having a system for financial record-keeping can make it easier to make financial decisions.