8.12 C Deconstruction by Peyton Suits https://padlet.com/psuits/vas1puyd7ifq Explain how small amounts of money invested regularly, including money saved for college and retirement, grow over time en-us 2017-02-16 04:24:21 UTC 2025-11-02 18:17:03 UTC hello@padlet.com Verbs - Cognitive with vocabulary psuits https://padlet.com/psuits/vas1puyd7ifq/wish/154219943 - Invest
- Growth
- Compound
- Accumulate]]> 2017-02-16 04:27:23 UTC https://padlet.com/psuits/vas1puyd7ifq/wish/154219943 Nouns - Context with Vocabulary psuits https://padlet.com/psuits/vas1puyd7ifq/wish/154220088 - Quantity
- Money
- Time
- Small Amounts
- College
- Retirement]]> 2017-02-16 04:29:14 UTC https://padlet.com/psuits/vas1puyd7ifq/wish/154220088 Elementary Prior Knowledge psuits https://padlet.com/psuits/vas1puyd7ifq/wish/154220240 1A, 1B, 1C, 1E, 1G

- Explain the difference between gross income and net income (5.10B)
- Define income tax, payroll tax, sales tax, and property tax (5.10A)
- Balance a simple budget (5.10F)
- Distinguish between fixed and variable expenses (4.10A)
- Calculate profit in a given situation (4.10B)
- Describe the basic purpose of financial institutions, including keeping money safe, borrowing money and lending (4.10E)
- List reasons to save and explain the benefit of a savings plan, including for college (3.9E)
- Explain 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. (3.9D)]]> 2017-02-16 04:32:17 UTC https://padlet.com/psuits/vas1puyd7ifq/wish/154220240 Middle School Prior Knowledge psuits https://padlet.com/psuits/vas1puyd7ifq/wish/154220254 1A, 1B, 1C, 1E, 1G

- Calculate and compare simple interest and compound interest (7.13E)
- Identify the components of a personal budget, including income, planned savings, fixed and variable expenses and calculate what percentage of each category comprises of the total budget. (7.13B)
- Create and organize a financial assets and liabilities record and construct a net worth statement. (7.13C)
- Distinguish between debit and credit cards (6.14B)
- Explain various methods to pay for college, including through savings, grants, scholarships, student loans and work-study (6.14G)

]]> 2017-02-16 04:32:41 UTC https://padlet.com/psuits/vas1puyd7ifq/wish/154220254