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Planning Expenses

Planning Expenses

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Here's how Planning Expenses 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.

1: Careers

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Planning Expenses
1451.1.10: Contextualize the minimum and median wage in your state.

2: Earning Income

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Planning Expenses
1451.2.1: Differentiate between sources of income (e.g., wage, salary, rents, entrepreneurship, disability, business profits, retirement, investments).

4: Spending and Budgeting

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Planning Expenses
1451.4.1: Classify expenses into needs or wants (e.g., living expenses, transportation, food, hobbies, entertainment, etc.).
1451.4.7: 1451.4.7 Describe basic budgeting strategies including the paying yourself first strategy.
1451.4.8: Evaluate the advantages of using budgeting tools such as spreadsheets or apps.
1451.4.9: Construct, utilize, and monitor a budget to allocate current income to necessary and desired spending including estimates for both fixed and variable expenses.
1451.4.10: Explain the method of adjusting a budget for unexpected expenses or emergencies.

6: Savings, Investing, and Risks

Standards
Defined by WV SPECIFIC EVALUATION CRITERIA 8th-12th Grades and align with Planning Expenses
1451.6.6: Understand why it is important to maintain an emergency fund.