Regulate one’s emotions, thoughts, and behaviors in different situations when making a purchase. (Personal Skills: Personal Responsibility)
Determine the opportunity cost when making a choice (PFL).
No resources have been tagged as aligned with this standard.
Why do people donate to charity?
Financially capable individuals make financial decisions based on responsible evaluation of the consequences.
Demonstrate flexibility, imagination, and inventiveness in taking on tasks and activities that will help them reach their financial goal. (Entrepreneurial Skills: Risk Taking)
Financially capable individuals understand the cost and the accountability associated with borrowing.