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Personal Financial Literacy

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The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to identify
the advantages and disadvantages of different methods of payment, including check credit card, debit card, and electronic payments

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Grade 2 identified examples of borrowing and distinguished between responsible and irresponsible borrowing.

Grade 3 explained that credit is used when wants or needs exceed the ability to pay and that it is the borrower's responsibility to pay it back to the lender, usually with interest

Grade 4 will describe the basic purpose of financial institutions, including keeping money safe, borrowing money, and lending.

Grade 6 will examine credit cards, credit history, credit report, and credit reports.

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applies - to make use of as relevant, to connect to another situation

manage - to be in charge of

identify - to recognize as being, to know what something is

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process standards

financial resources

financial security

advantages

disadvantages

methods of payment

check

credit card

debit card

electronic payments

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Sample question from TEKS Resource System

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Sample question from TEKS Resource System

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Personal Financial Literacy

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Sample question from TEKS Resource System

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Sample question from TEKS Resource System

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Personal Financial Literacy