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Life Scenarios

Life Scenarios

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Here's how Life Scenarios aligns with curriculum standards in New Mexico. Use the filters to change the location, set of standards, and grade level.

10: Economics/Personal Financial Literacy 10. Personal Financial Literacy

Standards
Defined by Social Studies Standards 9th-12th Grades and align with Life Scenarios
9-12.Econ.46: Explain how and why people make choices to improve their economic well-being.
9-12.Econ.47: Compare the costs and benefits of saving, using credit, and or making certain types of financial investments.
9-12.Econ.48: Evaluate how and why individuals choose to accept risk, reduce risk, or transfer risk to others.
9-12.Econ.51: Prepare a budget or spending plan that depicts varying sources of income, a planned saving strategy, taxes, and other sources of fixed and variable spending.
9-12.Econ.55: Calculate the total cost of repaying a loan under various rates of interest and over different time periods.
9-12.Econ.58: Explain various types of insurance and the purpose of using insurance to protect financial interests.