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50/30/20 Rule

50/30/20 Rule

Worksheet • 30 min of learning
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Here's how 50/30/20 Rule 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 8th Grade and align with 50/30/20 Rule
1.A.1: Predict the consequences of making financial decisions.
3.A.1: Determine the circumstances for using a spending plan.
1.A.2: Describe opportunity cost of financial decisions made by individuals.
1.B.2: Describe methods to achieve personal financial goals.
3.A.2: Formulate and compare money-management choices that enable individuals to progress toward stated financial goals.
1.B.3: Differentiate between responsible and irresponsible financial decisions.
3.A.3: Prepare a spending plan based on personal values and goals.