17.6.9-12.A: Evaluate pathways to obtaining credit and what lenders look for in a borrower (e.g., character, capacity, capital, collateral).
17.6.9-12.B: Describe how credit reports and scores are determined, used, and improved.
17.4.9-12.A: Calculate a person's net worth given their assets and liabilities.
17.5.9-12.A: Evaluate a person's potential for financial risk (e.g., loss of personal property, reduction in income, liability).
17.6.9-12.D: Analyze the use of loans to finance higher education and home purchases, how they are obtained, and options for paying them back.
17.6.9-12.E: Calculate the total cost of credit given a variety of situations (e.g., making minimum payments, paying fees, using alternative financial service providers).
17.1.9-12.B: Apply a systematic decision-making process, including opportunity costs, to setting and achieving financial goals.
17.1.9-12.C: Analyze the impact of various factors on a person's financial mindset and decisions.
17.3.9-12.C: Develop a personal approach to keeping track of income and spending.
17.1.9-12.D: Evaluate strategies for dealing with behavioral biases (E.G., LOSS AVERSION, EXPERIENTIAL BIAS, MENTAL ACCOUNTING) and other obstacles to managing personal finances.
17.3.9-12.D: Evaluate various budgeting approaches (e.g., 50-30-20, zero-based) and methods (e.g., envelope system, spreadsheets, online tools).
17.3.9-12.E: Create a personal budget to allocate current or future income, including estimates for fixed and variable expenses.
17.3.9-12.F: Identify methods for adjusting a budget for unexpected expenses or loss of income.
17.3.9-12.H: Compare various approaches to paying bills, including making automated payments and ensuring bills are paid on time.
17.1.9-12.I: Develop a system for documenting and organizing personal financial records, both paper and electronic.
17.3.9-12.J: Analyze a housing decision, including comparing renting and buying, upfront and ongoing costs, and the process of obtaining a mortgage or a lease.
17.3.9-12.K: Justify the purchase or lease of a vehicle and the alternatives considered (e.g., new versus used, total cost of ownership or use).
