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The Mathematics Instructional Learning Community (MILC) Project is an alliance among Fayette County Public Schools (FCPS) math teachers focusing on:
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Money Skills for Math Standards - Program of Studies KDE Moderators: Jump to page : 1 Now viewing page 1 [25 messages per page] | |
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Math Location: IAKSS | Money Skills for Math 201011 Program of Studies 201011w1733 – Money Skills for Math This course is designed to provide students with math concepts needed in developing sound money management skills which will help to improve the quality of life for individuals and their families. Components of math, decision making and problem solving skills, goal setting and technology will be integral components of the course. A correlation to the math content in the program of studies was used in developing this interdisciplinary course to count as a fourth math credit. Recommended Grade Level: 10 – 12 Recommended Credit: 1 Students will: 1. Understand how personal financial decisions are influenced by a person’s interpretation of needs and wants and values. 2. Analyze lifestyle conditions which may affect one’s financial situation throughout the life cycle. 3. Recognize the importance of career planning, salaries, and benefits to overall financial well-being. 4. Create a spending plan/budget. 5. Demonstrate skills in understanding payroll deductions. 6. Understand economic systems and the role of government agencies as they relate to sound financial management. 7. Understand the levels of financial risk associated with checking accounts, savings, and investing. 8. Evaluate financial institutions and the services they provide. 9. Manage checking accounts, savings accounts, and investment accounts. 10. Define and use common terminology associated with savings and investing. 11. Understand interest and the time value of money. 12. Understand the implications of personal bankruptcy. 13. Evaluate the advantages and disadvantages of renting and owning a home. 14. Demonstrate the processes of renting or purchasing a home. 15. Demonstrate working knowledge of investments appropriate for individuals and families. 16. Demonstrate skills in tax forms preparation. 17. Understand the relationship between risk and insurance. 18. Select homeowners, renters, automobile, health, and life insurance appropriate for individuals and families. 19. Demonstrate skills necessary for leasing or purchasing a vehicle. 20. Identify the advantages and disadvantages of each of the types of credit. 21. Analyze credit card offers and statements. 22. Develop the skills necessary to prevent identify theft. 23. Demonstrate skills in wise spending practices (advertising, comparison shopping, warranties, and defective merchandise). 24. Understand the financial tools used to plan for retirement (social security, pensions, individual retirement accounts, Roth IRA (Individual Retirement Account), company sponsored retirement programs). 25. Demonstrate the process of requesting and interpreting a credit report. 26. Describe the purpose of a will and other estate planning documents. 27. Demonstrate employability and social skills relevant to the industry. 28. Utilize activities of the Family, Career and Community Leaders of America (FCCLA) student organization as an integral component of course content and leadership development. 29. Apply math, science, and communication skills within technical content. | ||
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