Saving Money

Saving Money

Article • 15 min of learning

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

II: Group II - Personal Finance

SPECIFIC EVALUATION CRIT.: SPECIFIC EVALUATION CRIT.

3: Banking

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.3.2: Explain the difference between a checking and a savings account.
1451.3.9: Explain the time value of money.

4: Spending and Budgeting

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.4.2: Identify short-term and long-term financial goals.

5: Credit

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.5.9: Enumerate the components of a credit report, how long each data type is retained, what type of organizations can review credit reports (e.g., landlords, banks, employers, insurance, cell phone, etc.), and how one’s credit score can impact a person’s finances and life.

6: Savings, Investing, and Risks

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.6.1: Describe how saving and investing are different.
1451.6.2: Compare the features of regular savings accounts, money market accounts, and CDs.
1451.6.4: Explain how the savings strategy “pay yourself first” can help people achieve their saving goals.
1451.6.6: Understand why it is important to maintain an emergency fund.