Course Details
Financial Literacy (Grade 6-8)
Review key course information and curriculum options.
Course Information
- Subject Area
- Human Services
- State Course Code
- 19262
- Length
- Two Semesters
- Total Hours
- 270
Consumer Economics and Personal Finance courses help students understand the key concepts and principles involved in managing personal finances. These courses focus on lifelong goal setting, informed individual and family decision making, and understanding consumer rights, while building the knowledge needed to become financially responsible consumers. Topics typically include saving and investing, credit, insurance, taxes and Social Security, budgeting and spending habits, contracts, and consumer protection. Students may also examine how the global economy impacts individuals and families.
Learning Goals
Students will learn to:
Making Sense of Dollars and Cents
- create a simple personal budget that includes saving and spending;
- identify banks and other institutions that help people manage and store money;
- explain how money is used in a market economy to buy goods and services;
- describe different reasons people choose to spend or save their money;
Credit and Debt
- explain what credit is and how it works;
- identify common ways people can borrow money, including credit cards and loans;
- describe the roles of debtors (borrowers) and creditors (lenders);
- explain how debt can be managed responsibly by making payments on time and borrowing wisely;
The Outcome of Income
- identify different types of income, such as wages, salaries, and allowances;
- explain how education and career choices can affect how much money a person earns;
- describe the difference between gross income (total pay) and net income (take-home pay after taxes and deductions);
The Value of Investing
- explain the basic idea of investing and how it can help grow money over time;
- identify simple investment options, such as savings accounts and stocks;
- describe how factors like risk and time can affect how much money an investment earns;
- explain the basic first steps someone might take when beginning to invest;
Running Up Against Risk
- identify common personal and financial risks people face in everyday life;
- explain how insurance helps protect people from financial loss;
- describe different types of insurance, including health, auto, and property, and what they cover;
Crafting Your Financial Plan
- explain why being financially responsible is important for future goals;
- identify trustworthy sources of consumer and financial information;
- describe ways to protect personal and financial information online and offline;
- create a simple financial plan that includes goals, saving, and spending choices.
Choose Curriculum
Financial Literacy
“Money makes the world go round,” but that’s only because we move it through exchanges, transactions, and financial tools. In this course, you will examine how our economy works through decisions about spending and saving, lending and borrowing, and how institutions play a key role in moving money. You will also explore how credit and interest work, investing, and what you can expect to earn over the length of your career. Once all of the pieces are in place, you’ll discover how you can begin investing in yourself today so your future is everything you dream it can be. Let’s get started!
Online
Items
| Name | Kind | ISBN | Returnable | Shared |
|---|---|---|---|---|
| Middle School Financial Literacy | Online Class | No | No |