Advanced Budgeting

Advanced Budgeting

Game • 1.0 hr of learning

Here's how Advanced Budgeting aligns with curriculum standards in South Carolina. Use the filters to change the location, set of standards, and grade level.

5141: PERSONAL FINANCE

A: MANAGING PERSONAL FINANCES: The student will analyze how human behaviors impact financial decisions.

Standards
Defined by Personal Finance Code: 5141 9th-12th Grades and align with Advanced Budgeting
1: Explain the importance of taking responsibility for personal financial decisions.
2: Apply decision-making skills to make personal financial choices. (e.g., needs and wants, cost-benefit analysis, SMART Goals).
4: Describe the importance of budgeting.

B: UNDERSTANDING INSURANCE AND RISK: Students will demonstrate knowledge of insurance and the basics of risk management.

Standards
Defined by Personal Finance Code: 5141 9th-12th Grades and align with Advanced Budgeting
7: Investigate the features and benefits of other insurance products, including renters, long-term disability, and liability.

D: MANAGING CREDIT: Students will demonstrate an understanding of the various types of debt and methods of managing personal credit.

Standards
Defined by Personal Finance Code: 5141 9th-12th Grades and align with Advanced Budgeting
3: Explain how the components of a credit score and a credit profile are determined.
6: Complete a loan application and evaluate an amortization schedule.

F: UNDERSTANDING TAXES: Students will examine the impact of taxes on personal finances.

Standards
Defined by Personal Finance Code: 5141 9th-12th Grades and align with Advanced Budgeting
4: Analyze tax forms and their purpose, to include W-2, 1099, W-4, and I-9 forms.
7: Demonstrate how to fill out and file a federal and/or state individual income tax return.