Planning Expenses

Planning Expenses

Article • 15 min of learning

Here's how Planning Expenses aligns with curriculum standards in Alabama. Use the filters to change the location, set of standards, and grade level.

Personal Finance

Financial Responsibility

2: Describe personal spending behavior that contributes to building wealth.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Planning Expenses
b: Practices that assist individuals and families to achieve and maintain financial security. Examples: determining needs and wants, creating a budget, setting goals, keeping records, developing a personal financial plan, saving, investing

Money Management

14: Demonstrate how to set financial goals and analyze the costs and benefits of spending decisions.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Planning Expenses
c: Determine the amount of savings needed for a given household.

16: Prepare a monthly budget for an individual or a family given their income, savings goals, taxes, and list of fixed and variable expenses.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Planning Expenses
c: Analyze how changes in life circumstances can affect a personal spending plan. Examples: job change, having a child, major illness, theft of property, automobile accident

17: Gather and share information on income, benefits, and deductions.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Planning Expenses
a: Distinguish between gross and net income.