50/30/20 Budgeting

50/30/20 Budgeting

Article • 15 min of learning

Here's how 50/30/20 Budgeting aligns with curriculum standards in Utah. Use the filters to change the location, set of standards, and grade level.

General Financial Literacy

STRAND 4: Students will evaluate saving methods and investment strategies.

Standard 2: Discuss the pros and cons of saving.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with 50/30/20 Budgeting
Explain how paying yourself first (PYF) early and often influences positive progress toward long‑term financial goals.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 1: Identify and explain the process of budgeting based on projected income and expenses.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with 50/30/20 Budgeting
Develop a budget that includes the following categories: spending/debt, savings, investing, charitable contributions (such as the 70‑20‑10 rule).