Saving Money

Saving Money

Article • 15 min of learning

Here's how Saving Money aligns with curriculum standards in Missouri. Use the filters to change the location, set of standards, and grade level.

Personal Finance Course Level Expectations

III: Buying Goods and Services: People choose which goods and services to buy. Informed decisions involve collecting information, planning and budgeting.

Concept 4: Selecting Financial Institutions

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Saving Money
D: Explain the importance of FDIC, NCUA and other security regulations to protect one's wealth in financial institutions.

IV: Saving: Saving is the part of income that people choose to set aside for future consumption or investment. Time, interest rates and inflation affect the value of savings.

Concept 1: Reasons for Saving

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Saving Money
C: Explain the importance of a rainy-day fund for unexpected expenses.

Concept 2: Interest on Savings

Standards
Defined by Personal Finance Course Level Expectations 9th-12th Grades and align with Saving Money
B: Use the Rule of 72 to estimate how long it takes money to double.