See all 6th-8th Grades Standards
Saving Money

Saving Money

Article • 15 min of learning
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Here's how Saving Money aligns with curriculum standards in Wisconsin. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Standards for Personal Financial Literacy 6th-8th Grades and align with Saving Money
SI1.e.m: Recognize the limit of the Federal Deposit Insurance Corporation (FDIC) and National Credit Union Administration (NCUA) coverage of financial accounts.
SI1.a.m: Compare and contrast places that can be used to save money. Describe ways to decrease expenses in order to increase savings. Compare pay yourself first to living paycheck to paycheck. Explain why saving is a prerequisite to investing.
SI1.b.m: Analyze the benefits of depositing money into a financial institution. Compare and contrast savings versus checking and debit accounts.
SI1.c.m: Create a savings plan to reach short- and long-term personal saving goals. Analyze how life changes or changes in circumstances can affect a personal savings goal.
SI1.d.m: Define simple and compound interest. Analyze the relationship between opportunity cost and reward.