Washington
1st GradeState Standards
1.SS: Spending and Saving
Develop a plan for spending and saving.
1: Explain how saving money can improve financial well-being.
Describe how to use different payment methods.
2: Calculate 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.
3: Explain a spending decision based on predetermined criteria for an acceptable outcome and available options.
4: Explain how spending choices are influenced by price, advertising, the spending choices of others, and peer pressure.
1.CD: Credit and Debt
Analyze the costs and benefits of various types of credit.
1: Describe the qualities that would be desirable in a person who borrows a favorite personal possession.
2: Give examples of reasonable conditions to set for the use of borrowed personal property.
1.EI: Employment and Income
Explore job and career options.
1: Identify the different skills, training, and tools required by different jobs.
Compare sources of personal income and compensation.
2: Identify jobs children can do to earn money.
3: Give examples of sources of income other than a wage or salary.
4: Identify the opportunity cost of a decision.
5: List the costs and benefits when making a decision.
Control personal information.
6: State strategies to protect personal information.