Borrowing

Borrowing

Article • 15 min of learning

Here's how Borrowing 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 5th Grade and align with Borrowing
4.A.1: List reasons why people borrow.
4.B.1: Recognize that using checks, credit cards and debit cards is making a promise to pay at a later time.
4.A.2: Describe the concept of a loan.
4.A.3: Explain the importance of paying back borrowed money.
1.1.4: Describe the concept of financial obligations, such as borrowing and 'IOUs'.