Saving Money

Saving Money

Article • 15 min of learning

Here's how Saving Money aligns with curriculum standards in Arkansas. Use the filters to change the location, set of standards, and grade level.

Standard 1.0: Assess the role of money in personal finance.

Performance Indicator 1.4: Assess the role of budgeting in meeting financial goals.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Saving Money
1.4.4: Explain the reasons for saving and discuss several methods of saving to reach financial goals.

Performance Indicator 1.5: Assess the impact of interest on borrowing and investing.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Saving Money
1.5.3: Describe concepts relating to simple and compound interest.

Standard 2.0: Analyze the services financial institutions provide for consumers.

Performance Indicator 2.1: Evaluate types of financial institutions and services they provide.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Saving Money
2.1.1: Distinguish between types of financial institutions and their regulatory agencies (FDIC, NCUA).

Performance Indicator 2.2: Investigate types of consumer protection and concepts of credit abuse and fraud.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Saving Money
2.2.4: Assess the need for banking insurance and the role it plays in achieving financial security.