Borrowing

Borrowing

Article • 15 min of learning

Here's how Borrowing aligns with curriculum standards in Ohio. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Learning Standards: Financial Literacy 7th-8th Grades and align with Borrowing
18.1: Credit is a contractual agreement in which a borrower receives something of value now and agrees to repay to lender at some later date.
19.1: Debt is an obligation owed by one party to a second party.
20.1: Effectively balancing credit and debt helps one achieve some short and long-term goals.
21.1: Financial documents and contractual obligations inform the consumer and define the terms and conditions of establishing credit and incurring debt.