Texas Essential Knowledge and Skills (TEKS)Personal Financial Literacy |
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|---|---|
| Grade: | 8th Grade |
| Standard: | 8.12.A |
| Description: | solve real-world problems comparing how interest rate and loan length affect the cost of credit; |
| Standard: | 8.12.C |
| Description: | explain how small amounts of money invested regularly, including money saved for college and retirement, grow over time; |
| Standard: | 8.12.D |
| Description: | calculate and compare simple interest and compound interest earnings; |
| Standard: | 8.12.E* |
| Description: | identify and explain the advantages and disadvantages of different payment methods; |
| Standard: | 8.12.F* |
| Description: | analyze situations to determine if they represent financially responsible decisions and identify the benefits of financial responsibility and the costs of financial irresponsibility; and |
| Standard: | 8.12.G |
| Description: | estimate the cost of a two-year and four-year college education, including family contribution, and devise a periodic savings plan for accumulating the money needed to contribute to the total cost of attendance for at least the first year of college. |
8th Grade Math - Personal Financial Literacy Lesson