Middle School Personal Finance

Middle School Personal Finance

Workbook • 1.5 hr of learning

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

Financial and Decision Making

8-1.1: Demonstrate taking responsibility for personal financial decisions.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-1.1.1: Describe the benefits of financial responsibility and the costs of financial irresponsibility.

8-1.4: Make financial decisions by systematically considering alternatives and consequences.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-1.4.1: Set measurable short-term, medium-term, and long-term financial goals.

Planning and Managing Money

8-3.1: Demonstrate ability to use money management skills and strategies.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-3.1.1: Explain basic budget categories, including income, taxes, planned savings, and fixed and variable expenses.

8-3.3: Analyze services of financial institutions.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-3.3.1: Compare the advantages and disadvantages of different payment methods, including cash, checks, stored-value cards, debit cards, credit cards, and electronic or online payment systems.

Managing Credit and Debt

8-4.1: Analyze the costs and benefits of using various types of credit.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-4.1.2: Explain factors to consider when using credit or obtaining a loan.

Saving and Investing

8-6.1: Explain how saving contributes to financial wellbeing.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-6.1.2: Explain simple interest, compound interest, and the benefits of a compound rate of return.

8-6.2: Apply strategies for creating wealth and building assets.

Standards
Defined by Personal Financial Responsibility Course and Standards 8th Grade and align with Middle School Personal Finance
8-6.2.1: Compare reasons and risk/return trade-offs for saving and for investing.