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.

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.