Get Out of Debt

Get Out of Debt

Worksheet • 30 min of learning

Here's how Get Out of Debt aligns with curriculum standards in Maryland. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by State Standards for Personal Financial Literacy Education 12th Grade and align with Get Out of Debt
4.B.1: Compare sources of consumer credit, and apply them to consumer decisions.
3.A.2: Apply money-management strategies that enable individuals to progress toward stated financial goals.
4.B.2: Calculate the difference between short- and long-term loans with regard to interest.
1.A.3: Explain the concept of financial obligations, such as a promissory note, cell-phone contract or college loan.
1.B.3: Evaluate outcomes of financially responsible and irresponsible decisions.
3.A.4: Prepare a spending plan based on personal values and goals.
4.B.4: Compare and compute interest and compound interest and interpret an amortization table.
4.C.4: Apply strategies to prevent or manage credit problems.
4.B.5: Compute and assess the accumulating effect of interest paid over time.