50/30/20 Budgeting

50/30/20 Budgeting

Article • 15 min of learning

Here's how 50/30/20 Budgeting aligns with curriculum standards in Tennessee. Use the filters to change the location, set of standards, and grade level.

3: Planning and Money Management

Standards
Defined by Personal Finance 9th-12th Grades and align with 50/30/20 Budgeting
3.2: Monthly Budget: Using research from local sources (such as cost of living calculators, newspapers, chambers of commerce, local government, and company websites), create a monthly personal budget that reflects household living expenses, taxes, potential savings, and an emergency fund. Develop a saving/spending plan for a week and track actual spending for comparison.