Finer grained standards that are part of this one
Understand financial contracts tied to consumer purchases, such as cell phone, cable or satellite plans, and membership fees.
Discuss the negative impacts of predatory and payday lending practices.
Identify ways to avoid identity theft and fraud, such as securing sensitive financial data, using care when participating in online commerce, avoiding phishing and pharming, and properly disposing of sensitive documents.
Understand how to recover from fraud and identity theft.
Discuss ways to avoid financial schemes such as Ponzi schemes and other questionable and illegal practices.
Describe the negative consequences of gambling and playing the lottery.
Identify the pros and cons of online commerce, including how to conduct transactions safely.