Standard 3: Saving

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General Information
Number: SS.912.FL.3
Title: Saving
Type: Standard
Subject: Social Studies
Grade: 912
Strand: Financial Literacy

Related Benchmarks

This cluster includes the following benchmarks.

Related Access Points

This cluster includes the following access points.

Independent

SS.912.FL.3.In.0
Discuss reasons why some people choose spending over saving.
SS.912.FL.3.In.1
Explain the impact of inflation on the value of money.
SS.912.FL.3.In.2
Explain the difference between the nominal interest rate and the real interest rate.
SS.912.FL.3.In.3
Compare the value of money today to the value of money in the future.
SS.912.FL.3.In.4
Explain how government agencies regulate financial institutions to protect the banking system.
SS.912.FL.3.In.5
Explain government policies that create incentives and disincentives for people to save.
SS.912.FL.3.In.6
Explain how employer benefit programs create incentives and disincentives to save.

Supported

SS.912.FL.3.Su.0
Describe reasons why some people choose spending over saving.
SS.912.FL.3.Su.1
Discuss the impact of inflation on the value of money.
SS.912.FL.3.Su.2
Discuss nominal and real interest rates.
SS.912.FL.3.Su.3
Discuss the value of money today and in the future.
SS.912.FL.3.Su.4
Identify how agencies regulate financial institutions to protect the banking system.
SS.912.FL.3.Su.5
Identify government policies that create incentives for people to save.
SS.912.FL.3.Su.6
Identify ways employers provide incentives to save.

Participatory

SS.912.FL.3.Pa.0
Identify reasons why some people choose spending over saving.
SS.912.FL.3.Pa.1
Identify examples of the impact of inflation on the value of money.
SS.912.FL.3.Pa.2
Recognize nominal and real interest rates.
SS.912.FL.3.Pa.3
Recognize that the value of money changes over time.
SS.912.FL.3.Pa.4
Identify the agencies that protect the banking system.
SS.912.FL.3.Pa.5
Identify ways for people to save.
SS.912.FL.3.Pa.6
Identify ways for employees to save.

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