Academic Context and Connections
Finer grained standards that are part of this one
Articulate task requirements and identify deadlines when developing a plan to meet a financial goal. (Professional Skills: Task/Time Management)
Compare the benefits and costs of individual choices.
Financially capable individuals understand that personal financial goal setting is a lifelong activity and short-term goal setting is essential to that process.
Financially capable individuals understand that an analysis of various options and creating short- and long-term goals for borrowing is a lifelong skill.
Identify positive and negative incentives that influence the decisions people make.
How does an individual know when a good short-term goal is well-written?
Demonstrate an understanding of cause and effect related to personal decisions they make regarding reaching a financial goal. (Entrepreneurial Skills: Inquiry/Analysis)
Why is personal financial goal setting important?
Why do individuals give away money?
Financially capable individuals create goals and work toward meeting them.