insurance (e.g., life insurance, health insurance, automobile insurance, home and renters insurance, and retirement plans)
Differentiate between gross and net income (e.g., taxes, insurance and pension plans).
Investigate the consequences of personal choices in relation to finances.
Determine personal expenses (hobbies, restaurants, entertainment, transportation, gas, bills, rent, insurance, cellphone).
Construct, utilize, and monitor a budget for a recent high school graduate.
SS.C.35: Complete Federal and State income tax forms and examine other state and local taxes.
Construct, utilize, and monitor a budget for a recent college graduate.
SS.C.36: Examine the advantages and disadvantages of different types of consumer debt to make sound financial decisions (e.g., home loans, credit card debt, automobile loans, pay‐day loans and rent‐to‐own).
Compare and contrast the budgets of a high school graduate and a recent college graduate.