See all 8th-12th Grades Standards
Saving Money

Saving Money

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Here's how Saving Money aligns with curriculum standards in West Virginia. Use the filters to change the location, set of standards, and grade level.

II: Group II - Personal Finance

SPECIFIC EVALUATION CRIT.: SPECIFIC EVALUATION CRIT.

3: Banking

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.3.9: Explain the time value of money.

4: Spending and Budgeting

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.4.2: Identify short-term and long-term financial goals.

6: Savings, Investing, and Risks

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Saving Money
1451.6.1: Describe how saving and investing are different.
1451.6.2: Compare the features of regular savings accounts, money market accounts, and CDs.
1451.6.3: Select a preferred location for a savings account based on a comparison of interest rates and fees at different types of financial instructions.
1451.6.4: Explain how the savings strategy “pay yourself first” can help people achieve their saving goals.
1451.6.5: Recognize the impact of inflation on savings.
1451.6.6: Understand why it is important to maintain an emergency fund.
1451.6.7: Explain how external influences (e.g., peers, family, or social media) can impact personal savings decisions.
1451.6.8: Identify strategies to manage psychological and emotional obstacles of saving.
1451.6.9: Find the current rate paid on CDs at a bank and calculate the expected real rate after inflation.