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 Arkansas. Use the filters to change the location, set of standards, and grade level.

Financial Literacy

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

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 Get Out of Debt
1.5.1: Compare the effects of interest rates as applied to saving and loaning money.

Standard 3.0: Demonstrate the ability to use credit as a financial tool.

Performance Indicator 3.1: Evaluate the use of credit in effective financial management.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Get Out of Debt
3.1.3: Calculate the actual costs associated with credit.
3.1.5: Evaluate the risks associated with over‑extending credit, types of debt management, and how bankruptcy may affect future financial opportunities.