Standard #: SS.8.FL.2.5


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Discuss the fact that people may revise their budget based on unplanned expenses and changes in income.


Remarks


Offer ways to balance a family’s budget given unplanned expenses such as health care costs, car repairs, or change in income.

General Information

Subject Area: Social Studies
Grade: 8
Strand: Financial Literacy (Adopted in 2023)
Date Adopted or Revised: 06/14
Status: State Board Approved

Related Courses

Course Number1111 Course Title222
2104060: M/J Introduction to Personal Financial Literacy (Specifically in versions: 2019 - 2022, 2022 - 2023, 2023 and beyond (current))


Related Access Points

Access Point Number Access Point Title
SS.8.FL.2.AP.5a Identify the purpose and components of a family budget.
SS.8.FL.2.AP.5b Identify ways a family budget can be impacted by unplanned expenses


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