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Standards/Math/Texas/3.9

3.9

3 Grade 3
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3.9
3.9.A3.9.B3.9.C3.9.D3.9.E3.9.F

Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security.

3.9.AExplain the connection between human capital/labor and income.3.9.BDescribe the relationship between the availability or scarcity of resources and how that impacts cost.3.9.CIdentify the costs and benefits of planned and unplanned spending decisions.3.9.DExplain that credit is used when wants or needs exceed the ability to pay and that it is the borrower's responsibility to pay it back to the lender, usually with interest.3.9.EList reasons to save and explain the benefit of a savings plan, including for college.3.9.FIdentify decisions involving income, spending, saving, credit, and charitable giving.
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