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Personal Financial Literacy

In Fourth Grade

In fourth grade, students distinguished between fixed and variable expenses, calculate profit, described the purposes of financial institutions, compared various savings options, and how to allocate weekly allowance.

In Fifth Grade

Fifth grade students define income tax, payroll tax, sales, tax, and property tax, explain the differences between gross and net incomes, describe how to balance a budget, identify different methods of payments, and a develop a system for keeping and using financial records.

In Sixth Grade

In sixth grade, students will compare the differences between a checking account, a debit card, and a credit card, describe the purpose of and information found on a credit report, explain various pays to pay for college, compare annual salaries of several occupations requiring different levels of education, and the importance of establishing a positive credit history.