Saving Money

Saving Money

Article • 15 min of learning

Here's how Saving Money aligns with curriculum standards in Massachusetts. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Personal Financial Literacy 9th-12th Grades and align with Saving Money
HSS.PFL.T2.2: Explain the relationship between principal (the initial amount of money deposited in a bank by a person), interest (the amount earned from a bank, usually annually), and compound interest (interest earned on the principal and the interest already earned).
HSS.PFL.T2.5: Analyze the effectiveness of government agencies such as the Federal Reserve System, the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corporation and state banking departments in protecting the safety of the nation's banking system and consumer interests.
HSS.PFL.T2.6: Formulate a savings or financial investment plan for a future goal (e.g., college or retirement).