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Skills Alignment -- Financial Literacy

For a comprehensive standards connections table, see the Standards and Framework Connections document.

Core Learner Skills​

  • Understanding value, subjective preference, and exchange
  • Understanding how money evolved from barter
  • Analyzing household income, expenses, and trade-offs
  • Understanding how money circulates through an economy
  • Comparing payment methods and their effects on spending behavior
  • Building and analyzing a personal budget
  • Understanding risk, emergency funds, and financial stability
  • Understanding how banks work
  • Understanding interest and the time value of money
  • Understanding inflation and purchasing power
  • Designing and presenting a value-creation solution
  • Mathematics: Percentages, interest calculations, budgeting, data analysis
  • Social Studies: Economic systems, trade, civic financial decisions
  • ELA: Argumentation, persuasive presentation (capstone)

Possible Standards Connections​

Jump$tart Coalition National Standards for K-12 Personal Finance Education: This curriculum supports Jump$tart's framework areas including: Spending and Saving, Credit and Debt, Employment and Income, Financial Decision-Making.

Council for Economic Education (CEE) Voluntary National Content Standards in Economics: This curriculum supports standards including: Scarcity, Marginal Cost/Benefit, Voluntary Exchange, Money and Inflation.

CFPB Youth Financial Capability: The curriculum supports financial capability development as defined by CFPB including: earning, saving, spending, and borrowing knowledge.

Common Core Math Practices (may connect to):

  • MP1 Make sense of problems, MP2 Reason abstractly, MP6 Attend to precision

Transferable Learner Outcomes​

By end of curriculum:

  1. Explain why different people value the same thing differently
  2. Describe how money solved the limitations of barter
  3. Build a simple budget with income, fixed costs, and variable costs
  4. Explain opportunity cost with a personal example
  5. Describe what a bank does and how interest works
  6. Explain inflation in simple terms
  7. Design and present a value-creation solution

Disclaimer​

Literacy for Kids does not claim official alignment with any standards body. Verify against your own requirements.