Compare the advantages and disadvantages of using cash versus personal financing options.
Example: Compare paying for a tank of gasoline in the following ways: cash; credit card and paying over 2 months; credit card and paying balance in full each month.
: Instruction includes advantages and disadvantages for a business and for an individual.
Clarification 2: Personal financing options include debit cards, credit cards, installment plans and loans.
Subject Area: Mathematics (B.E.S.T.)
Strand: Financial Literacy
Date Adopted or Revised: 08/20
Status: State Board Approved