Owning a Car: Montana Standards Alignment

Here's how Owning a Car aligns with curriculum standards in Montana. Use the filters to change the location, set of standards, and grade level.

Financial-Literacy Themes (High-School)

Standards

Defined by Financial Literacy & Economics Graduation Requirement Reference 9th-12th Grades and align with Owning a Car

II: Spending — A budget is a plan for allocating a person's spendable income to necessary and desired goods and services. When there is sufficient money in their budget, people may decide to give money to others, save, or invest to achieve future goals. People can often improve their financial wellbeing by making well-informed spending decisions, which includes critical evaluation of price, quality, product information, and method of payment. Individual spending decisions may be influenced by financial constraints, personal preferences, unique needs, peers, and advertising.

III: Saving — People who have sufficient income can choose to save some of it for future uses such as emergencies or later purchases. Savings decisions depend on individual preferences and circumstances. Funds needed for transactions, bill-paying, or purchases, are commonly held in federally insured checking or savings accounts at financial institutions because these accounts offer easy access to their money and low risk. Interest rates, fees, and other account features vary by type of account and among financial institutions, with higher rates resulting in greater compound interest earned by savers.