Standard 1 - Take responsibility for personal financial decisions.

4th Grade
student can:

List examples of financial decisions and their possible consequences.

Identify ways to be a financially responsible youth.

8th Grade
student can:

Identify ways to be a financially responsible young adult.

Give examples of the benefits of financial responsibility and the costs of financial irresponsibility.

12th Grade
High school graduate can:

Explain how individuals demonstrate responsibility for financial well-being over a lifetime.

Analyze how financial responsibility is different for individuals with and without dependents.

Given a scenario, discuss ethical considerations of various personal finance decisions.

Standard 2 - Find and evaluate financial information from a variety of sources.

4th Grade
student can:

Give examples of situations in which financial information would lead to better decisions.

Identify sources of financial information.

8th Grade
student can:

Analyze and evaluate advertising claims.

Identify online and printed sources of product information and list the strengths and weaknesses of each.

12th Grade
High school graduate can:

Determine whether financial information is objective, accurate, and current.

Investigate current types of consumer fraud, including online scams.

Given a scenario, identify relevant financial information needed to make a decision. List factors to consider when selecting a financial planning/ counseling professional and legal/tax adviser.

Standard 3 - Summarize major consumer protection laws.

4th Grade
student can:

Compare product return policies at local retail stores.

8th Grade
student can:

Research the primary consumer protection agency in the state of residence.

Give examples of unfair or deceptive business practices that consumer protection laws forbid.

Given a scenario, explain steps in resolving a consumer complaint.

12th Grade
High school graduate can:

Match consumer protection laws to descriptions of the issues that they address and the safeguards that they provide.

Research online and printed sources of up-to-date information about consumer rights.

Given a scenario, write a complaint letter that states the problem, asks for specific action, includes copies of related documents, and provides contact information.

Standard 4 - Make financial decisions by systematically considering alternatives and consequences.

4th Grade
student can:

Explain how limited personal financial resources affect the choices people make.

Rank personal wants/needs in order of importance.

Set measurable short-term financial goals.

Outline the steps in systematically evaluating alternatives and making a decision.

Apply systematic decision making to a short-term goal.

8th Grade
student can:

Set measurable short- and medium-term financial goals.

Prioritize personal financial goals.

Evaluate the results of a financial decision.

Use a financial or online calculator to determine the cost of achieving a medium-term goal.

Apply systematic decision making to a medium-term goal.

12th Grade
High school graduate can:

Set measurable short-, medium-, and long-term financial goals.

Use a financial or online calculator to determine the cost of achieving a long-term goal.

Apply systematic decision making to a long-term goal.

Analyze how inflation affects financial decisions.

Analyze how taxes affect financial decisions.

Give examples of how decisions made today can affect future opportunities.

Standard 5 - Develop communication strategies for discussing financial issues.

4th Grade
student can:

Give examples of how members of previous generations spent money as children.

Analyze the values and attitudes of members of previous generations from their personal stories about money.

8th Grade
student can:

Explain how discussing important financial matters with household members can help reduce conflict.

Identify differences among peers’ values and attitudes about money.

12th Grade
High school graduate can:

Explain the value of discussing individual and shared financial responsibilities with a room-mate before moving in.

Discuss the pros and cons of sharing financial goals and personal finance information with a partner before combining households.

Give examples of contracts between individuals and between individuals and businesses, and identify each party’s basic responsibilities.

Standard 6 - Control personal information.

4th Grade
student can:

List types of personal information that should not be disclosed to others and the possibleconsequences of doing so.

8th Gradestudent can:

12th GradeHigh school graduate can: