High School Personal Finance

High School Personal Finance

Workbook • 1.5 hr of learning

Here's how High School Personal Finance aligns with curriculum standards in Tennessee. Use the filters to change the location, set of standards, and grade level.

1: Financial Responsibility and Personal Decision Making

Standards
Defined by Personal Finance 9th-12th Grades and align with High School Personal Finance
1.1: Personal Finance: Define the concept of personal finance. Consider how personal finance concepts fit into key life events or stages and explain the importance of personal financial planning using information sources such as instructional materials, news articles, blogs from reputable sources, personal narratives, and industry publications.

2: Education, Careers, and Income

Standards
Defined by Personal Finance 9th-12th Grades and align with High School Personal Finance
2.5: Take Home Pay: Describe factors affecting take-home pay such as tax withholdings, benefits (e.g., insurance, 401k), and plan payroll deductions. Complete a 1040 and a W-4 Employee's Withholding Allowance paperwork and analyze the W-2 Wage and Tax Statement for federal income tax purposes.

3: Planning and Money Management

Standards
Defined by Personal Finance 9th-12th Grades and align with High School Personal Finance
3.2: Monthly Budget: Using research from local sources (such as cost of living calculators, newspapers, chambers of commerce, local government, and company websites), create a monthly personal budget that reflects household living expenses, taxes, potential savings, and an emergency fund. Develop a saving/spending plan for a week and track actual spending for comparison.