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Students should be able to define debit cards and credit cards, and explain the purpose and benefits of each

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6th grade

Compare the features and costs of a checking account and a debit card offered by different local financial institutions

Explain various methods to pay for college, including through savings, grants, scholarships, student loans, and work-study

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6.14B Distinguish between debit cards and credit cards

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I would have students work through role play scenarios to practice the thought processes they'll experience when in future situations

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3rd grade

Identify costs and benefits of planned and unplanned spending decisions

Identify decisions involving income, spending, saving, credit and donations

Explain when and how credit is used, including the meaning of interest

List and explain the benefits of a savings account

4th grade

Compare advantages and disadvantages of various savings options

Describe how to allocate weekly allowance among spending, saving, and sharing

Describe the basic purposes of financial institutions

5th grade

Compare advantages and disadvantages of different methods of payment,  including check, credit card, debit card, and electronic payments

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debit cards
credit cards

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distinguish (compare, identify, choose)