1st Grade

State Standards

1.SSSpending and Saving

Develop a plan for spending and saving.

1Explain how saving money can improve financial well-being.

Describe how to use different payment methods.

2Calculate the amount of change to be returned when the payment amount is greater than the purchase price, using whole dollar amounts.

Apply consumer skills to spending and saving decisions.

3Explain a spending decision based on predetermined criteria for an acceptable outcome and available options.

4Explain how spending choices are influenced by price, advertising, the spending choices of others, and peer pressure.

1.CDCredit and Debt

Analyze the costs and benefits of various types of credit.

1Describe the qualities that would be desirable in a person who borrows a favorite personal possession.

2Give examples of reasonable conditions to set for the use of borrowed personal property.

1.EIEmployment and Income

Explore job and career options.

1Identify the different skills, training, and tools required by different jobs.

Compare sources of personal income and compensation.

2Identify jobs children can do to earn money.

3Give examples of sources of income other than a wage or salary.

4Identify the opportunity cost of a decision.

5List the costs and benefits when making a decision.

Control personal information.

6State strategies to protect personal information.