Individual Financial and Investment Planning
General Information
Number: MA.912.F.4
Title: Individual Financial Planning
Type:
Standard
Subject: X-Mathematics (former standards - 2008) - Archived
Grade: 912
Body of Knowledge: Financial Literacy
Related Benchmarks
This cluster includes the following benchmarks.
Related Access Points
This cluster includes the following access points.
Independent
MA.912.F.4.In.a
Create a personal budget that fits take-home income after taxes.
MA.912.F.4.In.b
Use real-world strategies needed to manage personal income.
MA.912.F.4.In.c
Identify differences in methods for saving money, such as a savings account, money market account, or savings bonds.
MA.912.F.4.In.d
Identify reliable sources to assist with personal money management, tax preparation, and financial decisions.
MA.912.F.4.In.e
Use strategies to determine how much sales and income tax must be paid in real-world situations.
MA.912.F.4.In.f
Identify purposes of different types of insurance, such as health, automobile, tenant, and life insurance.
Supported
MA.912.F.4.Su.a
Distinguish between income and expenses.
MA.912.F.4.Su.b
Identify a personal budget that fits take-home income after taxes.
MA.912.F.4.Su.c
Identify a method for saving money, such as a savings account.
MA.912.F.4.Su.d
Identify reliable sources of assistance for personal money management and financial decisions.
MA.912.F.4.Su.e
Identify additional charges, such as sales tax and service fees, that may change the original cost of an item.
MA.912.F.4.Su.f
Identify different types of insurance, such as health, automobile, and life insurance.
Participatory
MA.912.F.4.Pa.a
Identify common items or services that have a cost.
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Data Set
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