High School through Adults

Financial Psychology

Budgeting

Account Management

Jobs & Careers

Credit Profile

Loans & Debt

Entrepreneurship

Economic & Government Influences

Risk Management & Insurance

Investing

Values & Emotions

External Influencers

Decision-Making Process

Financial Goals

Philanthropy

Personal Budget

Savings

Expenses

Financial Institutions & Professionals

Procedures & Record-keeping

Career Choice

Attaining Employment & Advancement

Income & Benefits

Credit Profile & History

Credit Building & Maintaining

Credit Recovery

Purpose & Planning

Choosing a Loan

Loan Qualification

Loan Management & Repayment

Exploring Entrepreneurship

Starting a Business

Taxation

Tax Forms & Filing

Government Policies & Influence

Consumer Protection

Risk Management & Insurance

Contracts

Fraud and Insurance

Insurance

Purpose and Planning

Choosing Investments

Financial Psychology: Values & Emotions (Beginner)

Financial Psychology: Values & Emotions (Intermediate)

Financial Psychology: Values & Emotions (Advanced)

Financial Psychology: External Influences (Beginner)

Financial Psychology: External Influences (Intermediate)

Financial Psychology: External Influences (Advanced)

Financial Psychology: Decision-Making Process (Beginner)

Financial Psychology: Decision-Making Process (Intermediate)

Financial Psychology: Decision-Making Process (Advanced)

Financial Psychology: Financial Goals (Beginner)

Financial Psychology: Financial Goals (Intermediate)

Financial Psychology: Financial Goals (Advanced)

Financial Psychology: Philanthropy (Beginner)

Financial Psychology: Philanthropy (Intermediate)

Financial Psychology: Decision-Making Process (Advanced)

Budgeting: Personal Budget (Beginner)

Budgeting: Personal Budget (Intermediate)

Budgeting: Personal Budget (Advanced)

Budgeting: Savings (Beginner)

Budgeting: Savings (Intermediate)

Budgeting: Savings (Advanced)

Budgeting: Expenses (Beginner)

Budgeting: Expenses (Intermediate)

Budgeting: Expenses (Advanced)

Account Management: Financial Institutions & Professionals (Beginner)

Account Management: Financial Institutions & Professionals (Intermediate)

Account Management: Financial Institutions & Professionals (Advanced)

Account Management: Procedures & Record-keeping (Beginner)

Account Management: Procedures & Record-keeping (Intermediate)

Account Management: Procedures & Record-keeping (Advanced)

Jobs & Careers: Career Choices (Beginner)

Jobs & Careers: Career Choices (Intermediate)

Jobs & Careers: Career Choices (Advanced)

Jobs & Careers: Attaining Employment & Advancement (Beginner)

Jobs & Careers: Attaining Employment & Advancement (Intermediate)

Jobs & Careers: Attaining Employment & Advancement (Advanced)

Jobs & Careers: Income & Benefits (Beginner)

Jobs & Careers: Income & Benefits (Intermediate)

Jobs & Careers: Income & Benefits (Advanced)

Credit Profile: Credit Profile & History (Beginner)

Credit Profile: Credit Profile & History (Intermediate)

Credit Profile: Credit Profile & History (Advanced)

Credit Profile: Credit Building & Maintaining (Beginner)

Credit Profile: Credit Building & Maintaining (Intermediate)

Credit Profile: Credit Building & Maintaining (Advanced)

Credit Profile: Credit Recovery (Beginner)

Credit Profile: Credit Recovery (Intermediate)

Credit Profile: Credit Recovery (Advanced)

Loans & Debt: Purpose & Planning (Beginner)

Loans & Debt: Purpose & Planning (Intermediate)

Loans & Debt: Purpose & Planning (Advanced)

Loans & Debt: Choosing a Loan (Beginner)

Loans & Debt: Choosing a Loan (Intermediate)

Loans & Debt: Choosing a Loan (Advanced)

Loans & Debt: Loan Qualification (Beginner)

Loans & Debt: Loan Qualification (Intermediate)

Loans & Debt: Loan Qualification (Advanced)

Loans & Debt: Loan Management & Repayment (Beginner)

Loans & Debt: Loan Management & Repayment (Intermediate)

Loans & Debt: Loan Management & Repayment (Advanced)

Entrepreneurship: Exploring Entrepreneurship (Beginner)

Entrepreneurship: Exploring Entrepreneurship (Intermediate)

Entrepreneurship: Exploring Entrepreneurship (Advanced)

Entrepreneurship: Starting a Business (Beginner)

Entrepreneurship: Starting a Business (Intermediate)

Entrepreneurship: Starting a Business (Advanced)

Economic & Government Influences: Taxation (Beginner)

Economic & Government Influences: Taxation (Intermediate)

Economic & Government Influences: Taxation (Advanced)

Economic & Government Influences: Tax Forms & Filing (Beginner)

Economic & Government Influences: Tax Forms & Filing (Intermediate)

Economic & Government Influences: Tax Forms & Filing (Advanced)

Economic & Government Influences: Government Policies & Influence (Beginner)

Economic & Government Influences: Government Policies & Influence (Intermediate)

Economic & Government Influences: Government Policies & Influence (Advanced)

Economic & Government Influences: Consumer Protection (Beginner)

Economic & Government Influences: Consumer Protection (Intermediate)

Economic & Government Influences: Consumer Protection (Advanced)

Risk Management & Insurance: Risk (Beginner)

Risk Management & Insurance: Risk (Intermediate)

Risk Management & Insurance: Risk (Advanced)

Risk Management & Insurance: Contracts (Beginner)

Risk Management & Insurance: Contracts (Intermediate)

Risk Management & Insurance: Contracts (Advanced)

Risk Management & Insurance: Fraud (Beginner)

Risk Management & Insurance: Fraud (Intermediate)

Risk Management & Insurance: Fraud (Advanced)

Risk Management & Insurance: Insurance (Beginner)

Risk Management & Insurance: Insurance (Intermediate)

Risk Management & Insurance: Insurance (Advanced)

Investing: Purpose & Planning (Beginner)

Investing: Purpose & Planning (Intermediate)

Investing: Purpose & Planning (Advanced)

Investing: Choosing Investments (Beginner)

Investing: Choosing Investments (Intermediate)

Investing: Choosing Investments (Advanced)

There’s a relationship between your values, emotions, and personal finances.

Your financial traits and habits affect your finances.

Your values and emotions will influence your financial decisions.

Your ability to change your behavior has impact on your financial well-being.

To be fiscally responsible, your finances should align with your values and goals.

External factors can influence your financial decisions.

Not all financial information is accurate or truthful.

There are marketing messages that are influencing your spending.

You can assess external information to make informed decisions that align with your goals.

There are factors that influence your decisions.

Financial decisions affect your future.

There is a process to making good financial decisions.

You are able to make financial decisions that align with your goals.

There are strategies you can use to adjust your emotional state to make logical financial decisions.

Goals affect your finances.

There are tools and techniques to help you set and prioritize your financial goals.

There are methods to setting and accomplishing personal financial goals.

There are actions you can take to help make this world a better place.

You can give back in ways that that support your values and goals.

Giving back is part of your overall financial plan.

A budget affects your financial wellness.

There are specific steps associated with creating a budget.

There are tools to assist with budgeting.

A budget aligned with your financial goals can help you prepare for life events.

A budget should be modified as your financial goals and situation change.

Saving money has impact on your short-term and long-term budgets.

There are different strategies and steps involved in starting a savings plan.

Saving is a habit that can be developed.

There are ways to increase the amount of money you save.

A savings plan should adjust over time to stay in alignment with personal goals.

There are different types of expenses that affect one’s short- and long-term finances.

Your purchase and expense decisions have impact on your budget.

There are strategies to decrease and manage your expenses.

Major expenses should be planned for in advance.

Expenses can be modified over time to stay in alignment with your financial goals.

There are various financial institutions that offer a variety of products & services.

There are people and tools that can help you manage your financial accounts.

There are factors you can use to select financial institutions and professionals that are best suited for your needs.

You have rights and responsibilities when working with financial institutions and professionals.

There are costs associated with various financial services.

Management financial accounts should align with your financial goals.

Building a team of financial professionals can assist you in reaching your financial goals.

There are strategies you can use to manage your financial accounts.

Financial records include many different types of personal information.

Properly managed accounts can reduce expenses and protect your information.

There are ways to manage your accounts that provide you maximum benefits and protection.

Your passions, aptitude and skills affect your employment and earning potential.

There are employment and income opportunities that align with your strengths, lifestyle goals, and interests.

There are strategies you can use to increase your value and make yourself more marketable in the job marketplace.

TThere are steps you can take to improve employment options.

There are strategies you can incorporate to increase your earning potential.

Your network can increase exposure to potential opportunities.

Your value in the global workforce is increased by the skills you possess.

Employers offer various benefits as part of a salary package.

Your income can vary.

Employee benefits can influence your employment choices.

Your income and benefit needs change over time.

Your income influences your overall financial plan.

Your credit history is graded and maintained by credit bureaus.

There are organizations that review your credit report.

Your credit history affects your personal finances.

You have rights when it comes to your credit report.

There are ways to leverage a positive credit profile to accomplish your financial goals.

There are benefits to having positive credit history.

There are procedures involved with building and maintaining a good credit history.

There are ways to ensure that your credit is protected and information is accurate.

You can leverage your credit profile to accomplish your financial goals.

There are methods to recover from a negative credit history.

There are specific steps to rebuilding one’s credit history.

There are agencies that can assist in rebuilding your credit profile.

A credit repair plan adjusts to align with your personal financial plan.

There are different types of loans that give you the ability to borrow money.

There are reasons and consequences to taking on debt.

There are different forms of debt that can offer benefits and/or consequences.

Debt can increase risk and potential reward.

Debt can be a part of your financial plan.

There is specialized vocabulary we use for loans and other financial terms.

There are tools that help us calculate loan payments.

Some lenders and financial institutions are involved in deceptive loan practices.

There are costs involved with getting a loan.

There are ways to evaluate loans and their impact on your personal financial plan.

Loan qualification guidelines affect the loan terms you receive.

There are consequences to not paying debt.

There is a process lenders go through to qualify you for a loan.

There are things you can do to prepare to qualify for a loan.

Borrowers have rights and responsibilities.

Loan decisions should align with your personal financial goals.

There are methods to monitor and help you evaluate your debt load.

There are solutions to deal with excess debt.

There are various loan repayment methods available.

There are debt management strategies.

There are organizations and professionals that can help you manage debt.

There are ways to manage debt that align with your personal financial goals.

There are debt exit methods that help you reduce the risk of borrowing.

There are benefits and drawbacks to being an entrepreneur.

There are factors to consider before starting a business.

Your decision to start a business should be aligned with your financial goals.

A business plan can guide your entrepreneurial endeavors.

There are resources to help you create a business plan to start or expand your business.

There are ways to assess a business’s feasibility and risk.

You can build a business that is in alignment with your interests and financial goals.

The government taxes you.

Taxes affect your personal finances and there are consequences for tax errors.

Tax rates vary based on your financial situation.

You can minimize tax consequences to increase your wealth.

There are different tax forms for different situations.

There are resources to help you file taxes.

There is information you should keep to complete your taxes.

Tax professionals offer different services and benefits.

Accurate financial records are critical to your overall financial plan.

There is a strategy for selecting an appropriate tax advisor.

There is a broader economic system that influences your financial goals.

There are government agencies that affect the financial industry and the broader economy.

There are different ways you can influence government policy to improve your financial situation.

The government’s policies can be leveraged to improve your finances.

There are agencies, laws, and resources to protect you as a consumer.

There are procedures required to take advantage of consumer protection laws and assistance programs.

You can leverage government programs and/or policies to improve your financial situation.

Life involves financial risks and each person has a different risk tolerance.

Financial risks can be managed through financial planning.

Financial decisions align with your financial plan and risk tolerance.

Contracts affect your financial decisions.

Your ability to understand contracts will have an impact on your financial decisions.

Contractual agreements should be in alignment with your financial goals.

There are different types of fraud and fraudulent behaviors.

Fraud can damage your personal finances.

There are different ways in which individuals can protect themselves from fraud.

There are different actions you can take to recover from fraud.

Insurance can protect your personal finances.

Different types of insurance have different costs and protections.

There are organizations and professionals that can assist you with your insurance needs.

Insurance coverage should be modified as your needs change.

There are benefits and risks to investing.

There is a specialized vocabulary associated with investing.

There are different investment principles and strategies.

The economy and financial markets affect your investments.

There are ways to align your investments with your personal financial goals.

There are many considerations when evaluating investment options.

There are strategies for making good investment choices.

There are resources and individuals available to help with investment decisions.

Effective investing requires good decision-making skills.

There are ways to create an investment plan to increase your financial wellbeing.

Define your definition of wealth based on your personal values, priorities, and goals.

Identify your values in relationship to money and finances.

Identify the role of emotions on one’s relationship with and thoughts about money

Identify your financial tendencies and habits that affect your financial goals.

Illustrate the impact of your financial traits on your financial decisions.

Identify the elements of being a good steward of money.

Explain the impact of personal values on various financial scenarios.

Explain how different emotional states can lead to different actions.

Construct a plan to modify your personality traits, habits, and behaviors to align with your goals.

Summarize the steps you can take to become a good steward of your finances

Explain how your financial values and goals may change across your lifetime and the adjustments you will make toward your plan.

Create a clear long-term financial plan to ensure its alignment with your values.

Describe the external factors that influence your financial decisions, including advertising, family, culture, and society.

Explain different ways to distinguish between accurate and inaccurate financial information.

Illustrate how inaccurate information is disseminated though various external influencers, including the media, advertisers/marketers, friends, educators, and family members.

Summarize how various marketing techniques affect decision-making and spending.

Compare and contrast advertising messages to understand what they are trying to accomplish.

Assess whether financial information is objective, accurate, and current.

Identify the techniques and effects of deceptive advertising.

Explain how consumer decisions are influenced by advertising, promotions, packaging, and placement.

Critique your financial plan and identify areas that may have been influenced by others and that do not align with your values.

List ways in which financial decisions are influenced by external factors, including salespeople, marketing, and one’s emotional state.

Explain how short-term financial decisions affect the future financial decisions you must make.

Summarize steps people should consider when making a financial decision including developing alternative solutions, cost/benefit analysis, selecting best solutions, or converting decision into action.

Explain the factors to consider when making financial decisions and resources that can help.

Analyze multiple sources of financial information available to help you make financial decisions.

Create a plan to make purchase decisions that provides adequate time to prepare to fund those acquisitions.

Identify strategies you can use to modify your emotional responses to varying financial circumstances.

Create a financial planning and decision-making process that reduces the influence of emotions.

List ways in which goals can have positive and negative influence on your finances.

List factors that influence your personal financial goals.

Identify factors that affect your goals, including peers, culture, location, and past experiences.

List the advantages and disadvantages of setting financial goals.

Summarize different goal-setting techniques and strategies.

Identify the steps to prioritize your financial goals.

Apply goal-setting tools and techniques to make decisions about your daily life.

Create a realistic financial goal action plan and modify that plan as needed.

Create financial goals in consultation with the important people in your life.

Identify various factors that can influence your future goals.

Define philanthropy, volunteerism, and charities and their role in society.

Describe the difference between nonprofit organizations and social enterprise companies.

List ways to give back, including making donations, volunteering, and starting a business.

Compare various ways to give back and relate them to your strengths, passions, goals, and other personal factors.

Summarize causes important to you and compare organizations you seek to support to other organizations with similar missions.

Create a philanthropic and social enterprise plan and integrate it with your personal financial goals.

Define what is meant by the term “budget.”

Explain how having a budget may affect your financial well-being.

Explain the purpose and benefits of planning for emergencies and the role of building up an emergency fund.

Identify the components of a budget including the roles of income, expense, savings, and future expenses.

Explain balance sheet concepts: debit and credit.

Identify the steps you would go through to develop a budget.

Locate and describe resources for tracking income/expenses and obtain assistance with the overall budgeting process.

Identify a tool you feel might work for you.

Predict future expenses or opportunities that should be included in your budget planning process.

Explain how to create a budget that aligns with your financial goals.

Explain how factors like age, needs, and resources affect one’s budget.

Compare how budgets change as you take into account age, needs, and resources.

Summarize how different circumstances can affect your personal budget.

Design a personal budget that will help you reach your long-term and short-term financial goals.

Explain how you would revise your budget to accommodate changing circumstances.

Explain the importance of saving money.

List different ways a budget can help you save money.

Explain the potential impact saving money can have on both a short-term and a long-term budget.

List the steps involved in starting a savings plan.

Explain how you can include savings as a line item in your budget.

Explain how each of the following strategies can help you in the process of saving money: the habit of paying yourself first, automatic payroll deductions, and automatic transfers from your checking to your savings account.

Explain and give examples of what is meant by the term “habit.”

Summarize the steps to save money, including budgeting, developing the habit of saving, and automating your savings plan.

Relate personal values and goals that motivate you to save.

Compare savings vehicles that may help you reduce your tax burden.

Analyze and explain how your spending habits affect your ability to save.

Analyze your employer’s benefits and estimate the value of participating in any available employer-sponsored savings plans.

Design and implement a personal savings plan that both funds your current lifestyle needs and contributes toward your retirement future.

Explain how various factors will influence your savings needs including inflation, taxes, and lifestyle changes.

Analyze and explain how savings is connected to one’s financial needs at retirement.

Identify the common expenses people face in their everyday lives.

Explain the impact of expenses on a personal budget.

Identify the impact of various lifestyle choices on spending, including living within your means, above your means, and at your means.

Explain the difference between wants and needs.

Identify your spending habits and common spending traps you encounter.

Explain the relationship between benefits and costs when making various spending decisions.

Brainstorm techniques that will help you decrease expenses, including comparison shopping, negotiating, and day-to-day expense management.

Identify spending mistakes and explain how to take proper corrective action.

Estimate the larger expenses you may encounter at different stages in life, including college, automobile purchases, home ownership, marriage, children, and other major life expenses.

Design and implement a personal purchase and expense plan that balances short-term pleasures with long-term financial security.

Evaluate the impact of various factors on your expenses including inflation, taxes, and lifestyle changes.

Analyze how one’s ability to manage expenses is connected to one’s financial needs at retirement.

Identify the various types of financial institutions and the services they offer, including banks, credit unions, credit card companies, brokerage firms, investment companies, payday lenders, check cashing businesses, and mortgage firms.

Explain the difference between using checks, credit cards, and debit cards to make purchases.

Identify basic account management procedures, including account setup, deposits, and withdrawals.

List those financial professionals who could assist you to reach your financial goals. Identify the tools that will help you manage your financial accounts and interpret account data.

Identify ways to automate your financial accounts.

Identify the factors to consider when selecting various financial service providers, including banking institutions, financial advisors, tax professionals, bookkeepers, accountants, brokerage firms, and personal trading accounts.

Summarize the various rights you have when working with different financial intuitions and professionals.

Compare the advice provided by financial professionals with your goals.

Explain the different types of protection you have on various financial accounts.

Identify and compare the fees associated with various accounts, including overdraft charges, interest, and other fees.

Explain the interest and fees associated with various types of financial accounts.

Explain how grace periods, interest calculation, and other fees affect various types of accounts.

Analyze which types of financial services and account options will enable you to progress toward your stated financial goals.

Design a plan to effectively manage and reduce the costs associated with financial accounts.

Create a plan to automate key aspects of your finances.

Analyze terms and conditions, disclosures, and other account options and select the option that best aligns with your needs.

Create criteria to determine whether advice provided by various professionals is accurate, objective, and in your best interests.

Analyze the services provided by financial professionals who are best suited to your current and future financial situations.

Design a plan to manage a team of financial professionals, mentors, and other advisors.

Explain how to read your personal statements.

Explain how disclosures, terms, and conditions affect you.

Identify filing and record-keeping systems that will help you manage your financial accounts.

Analyze the financial terms and conditions to determine if you have a direct deposit option.

Identify how to keep financial records secure and how long to maintain those records.

Identify methods for disposing of outdated financial records.

Identify the appropriate steps to take when a credit or debit card is lost or stolen or a financial account is compromised.

Identify ways to reduce the cost of various accounts.

Compare methods to track your accounts from various institutions and determine which method is best for your account(s).

Explain ways to ensure that your financial information is secure.

Explain ways to manage your accounts that maximize benefits and provide you with the utmost protection.

Create a personalized system to protect your financial records.

Design a plan to automate your savings, payment, and money management systems.

Describe how your passions, interests, values, and talents can affect your career choices.

Identify how you would like to earn income.

Do you want something like - Research your interests to determine your potential earning capacity.

Describe the relationship between income and lifestyle.

Explain how individual skills and abilities apply to career choices.

Compare the benefits between full-time jobs, part-time jobs, careers, entrepreneurial endeavors, and other income opportunities.

Predict and explain how career choices, educational choices, skills, and economic conditions affect income.

Brainstorm different strategies that will increase your value as an employee.

Analyze the job marketplace and develop a plan to acquire the skills and necessary experience to achieve your career goals.

Analyze how economic and social trends can affect one’s career and income potential.

Identify the different steps and protocols for applying for employment.

List the skills necessary to enter one’s field of choice.

Connect the relationship between the application process and your interview skills to your job earning potential.

Summarize key areas targeted by potential employers and explain how you could address each area in an interview.

Distinguish the main components of a resume to effectively showcase your value.

Brainstorm individuals in your network who might have connections and could help you when seeking employment.

Explain the benefits of building a professional network and mentors.

Summarize how language, fashion, and communication skills can help you network more effectively.

Explain how your skills affect your value in the global workforce.

Create a plan to attain employment opportunities, promotions, and raises.

Critique the value of your skill set and its impact on your earning potential.

Create a plan for acquiring the skills and experience you need to increase your earning potential and achieve your career goals.

Identify various employee benefits, including income, medical, dental, retirement plan matches, vacation time, and lifestyle benefits.

Explain how employee benefits can affect your budget – income and expenses.

Identify various ways your income can change, including job loss, promotion, demotion, hour reduction, commissions, and bonuses.

Compare employee benefits when evaluating employment options and explain their impact on your personal finances.

Evaluate sources of income and alternative resources to accurately compare employment options.

Explain factors that cause income and benefits to change over time.

Analyze employment options throughout a lifetime and evaluate potential income and benefits as circumstances change.

Explain how you can increase your income.

Modify your earning plan as your financial goals adjust.

Create a plan to reduce the risk of relying on a single income source.

Develop a plan to change careers while remaining financially sound during the transition.

Identify existing credit bureaus, their purpose, and the information they record.

Explain the information contained in your credit history and report.

Explain the advantages and disadvantages of using credit.

Recognize that credit bureaus assign a personal credit score based on your credit history.

Identify the elements that go into calculating your credit score.

Explain how credit bureaus generate your credit score.

Identify how a credit history is established when you apply for and use credit.

Identify organizations that have the right to review your credit reporting information.

Explain how third parties use and interpret your credit report data.

Summarize how your credit history can affect your finances, including loan terms, employment, and qualifying for loans.

Explain why it is important to ensure that your credit report information is accurate.

Explain how information is presented on a credit report.

Identify the rights consumers have under the Fair Credit Reporting Act, including the right to examine credit reports and dispute information.

Explain how you can acquire and dispute information to manage your personal credit profile.

Distinguish between agencies that represent consumer rights and identify the types of consumer protection they provide.

Compare the consumer protection agencies that can assist you in credit dispute cases.

Research information and resources regarding a consumer’s rights in situations of identity theft and understand how to use them.

Create a credit plan that helps you accomplish your financial goals.

Apply concepts of building a positive credit rating to your personal financial plan.

Identify the advantages of maintaining a positive credit history.

List the length of time positive data is retained by the credit bureaus.

Summarize factors that affect a positive credit rating, including on-time payments, debt versus available credit, length of open credit, and how often you apply for credit.

Cite evidence supporting the importance of regularly reviewing and monitoring one’s credit history.

Compare the variety of options available to safeguard your credit profile.

Identify the skill sets needed to build and maintain a positive credit report.

Identify different ways you can protect your credit.

Construct a plan to protect yourself from identity theft and fraud.

Analyze your credit report information and summarize ways to correct information.

Brainstorm different ways you can leverage your credit profile.

Create a plan to improve and maintain an excellent credit rating that may include the following steps: review your credit, assess credit report information, dispute errors, manage debt, protect against identity theft, pay bills on time, and/or limit the number of times you apply for credit.

Identify techniques for rebuilding your credit history and credit rating.

List the information needed to start a credit recovery plan, including details regarding collections, debts, and interest rates on debts.

Identify the length of time negative data can be retained on your credit report and the response time after you dispute an item.

Identify different ways to dispute items on your credit report and rebuild your credit.

Modify your budget, payments, and debt to align with your credit recovery goals.

Interpret any negative items listed on your credit report.

Summarize the different ways to dispute items on your credit report.

Identify different agencies that can help you rebuild your credit profile.

Compare the available resources that provide financial and credit assistance, including consumer credit counseling services, credit repair companies, debt consolidation firms, and other organizations; recognize the signs of a scam.

Explain ways to modify your credit recovery plan as circumstances change.

Analyze various methods to eliminate debt in relation to your credit recovery plan, including bankruptcy, negotiation, loan modification, short sales, foreclosure, and alternative methods to paying debt. Identify which strategy(ies) most closely align with your circumstances.

Critique the pros and cons of high-cost alternative financial services.

Analyze consumer credit laws and benefits they can provide as you implement your credit recovery plan.

Create a financial plan that applies to your family situation and assists your financial recovery.

Define “loan.”

Identify different types of loans available.

Define personal risks and responsibilities related to borrowing money.

Recognize the purposes, advantages, and disadvantages of debt.

Define leverage and how it is used to control assets.

Categorize good versus bad debt and summarize the benefits and consequences of each.

Explain how debt can increase risk and reward.

Explain how someone may benefit financially from debt and the associated risk.

Explain the role debt plays in an overall personal financial plan.

Design a sample personal financial plan that includes potential debt.

Design a plan to get out of debt if an investment takes you off course.

Create a plan that leverages debt, yet remains aligned with your risk tolerance.

Define loan qualification terminology including collateral, mortgage, risk, interest rate, down payment, and equity.

Define the different types of loans: balloon payment, fixed rate, variable rate, secured/ unsecured.

Use financial calculators and other tools to calculate loan payments.

Identify different deceptive loan practices.

Explain how predatory lending practices can affect your financial history.

Evaluate and compare loan options and costs.

Summarize the impact of interest, fees, and amortization on loan cost.

Evaluate how contracts and disclaimers tell us the terms of the loan.

Assess loan contracts and loan disclaimers to determine the terms and cost of a loan.

Evaluate and compare loan options and costs.

Summarize the impact of interest, fees, and amortization on loan cost.

Evaluate how contracts and disclaimers tell us the terms of the loan.

Assess loan contracts and loan disclaimers to determine the terms and cost of a loan.

Apply systematic decision-making to evaluate loan options (including no loan) for various products and terms.

Create a plan that evaluates the cost of borrowing and your decision to take on debt.

Analyze cost of borrowing to make a loan decision aligned with your goals.

Analyze the cost of refinancing or modifying loan terms to determine whether each strategy makes financial sense.

Identify how one’s personal financial profile influences loan terms.

Identify the factors a lender considers when qualifying a person for a loan.

Identify possible consequences for failing to repay a loan.

Summarize how lenders evaluate loan applications and potential borrowers.

Explain how lenders evaluate your ability to repay the loan.

Calculate a borrower’s ability to afford various loan options.

Identify steps to prepare for loan qualification.

Prepare a sample loan application for qualification.

Summarize the calculations that help a person determine an appropriate debt load.

Use calculations to determine your appropriate debt load.

Interpret the rights and responsibilities of buyers and sellers under consumer protection laws.

Analyze loan versus no-loan options and their impact on your financial situation.

Create a personal financial profile to help you qualify for the best loan terms.

Identify tools to monitor and evaluate debt.

Identify the warning signs and consequences of excessive debt.

Identify your current debt and responsibilities.

Identify loan terms needed to evaluate various loan options.

Identify payment due dates, late fees, prepayment penalties, interest rate changes, interest rate change triggers, and other details associated with various loan options.

Identify options available to assist with excessive debt loads: creditor negotiation, bankruptcy, short sales, foreclosures, credit counseling, etc.

Explain the risks, legal consequences, and personal impact of various debt elimination or reduction options, including wage garnishment, credit impact, and repossession of assets.

Construct a loan repayment plan for various loan types and goals.

Compare various debt payment and nonpayment methods in terms of your financial goals.

Compare debt management strategies, ways to reduce risk, and ways to avoid financial problems associated with debt.

Explain eliminating debt through nonpayment and the possible effects on your personal financial profile.

Identify various services that can help you deal with excessive debt issues, including credit counselors, lawyers, and financial professionals.

Explain ways to leverage debt that will benefit your financial goals.

Create a personal financial plan that leverages debt options.

Design and apply a systematic debt reduction plan that aligns with your personal financial goals.

Design a debt management plan to improve your personal financial profile.

Review loan repayment policies and identify repayment options and their impact on your overall financial profile.

Create an exit plan to mitigate the risks of a loan.

Create a debt management and payment plan.

Define entrepreneurship and social entrepreneurship.

List the potential rewards and risks of starting a business.

List the various roles an entrepreneur may play in the development and lifecycles of a business.

Compare the characteristics of a successful entrepreneur with the traits of successful employees.

Match the mindset, skills, knowledge, education, economic conditions, and experiences related to business success.

Explain the relationship between continued skill development and future opportunities.

Analyze how starting a business fits your lifestyle and financial goals.

Create a plan to start or not to start a business, based on your financial objectives.

Design a plan to have multiple streams of income.

Explain the purpose of business plan.

Identify and list the main components of a business plan.

Explain the importance of defining and setting business goals and objectives.

Organize the various components of business plans including startup costs, business concept, executive summary, risk analyses, market analyses, sales strategies, marketing strategies, product details, and pricing.

Identify items you need to consider when estimating the cost of funding a business.

Explain how a business plan changes over the lifecycle of a business.

Explain low-cost and low-risk ways to start a business.

Summarize how you can develop the skills, knowledge, and experience needed to determine potential business viability, reward, and risk.

Compare risk and reward potential and use the comparison to decide whether starting a business is feasible.

Identify different ways to obtain capital for starting a business.

Design a contingency plan to minimize risk associated with your business.

Analyze case studies of businesses similar to your entrepreneurial vision and incorporate their successful features into your own business plan.

Explain relationships between future opportunities and various factors upon which you may capitalize, including skill development, governmental influences, networking, education, economic conditions, credibility, positioning, and business relations.

Create an action plan to work toward feasible business opportunities that meet your risk management objectives and align with your financial goals.

Critique opportunities and align your business prospects with your passions, strengths, and values.

Identify how various taxes are collected including local, state, and federal taxes.

Explain the relationship between taxes and income.

Explain and give examples of what is meant by the term “tax.”

Describe how tax monies are spent.

Summarize a brief history of the federal income tax.

Identify the various forms of taxation.

Explain how taxes affect your disposable income and the difference between net and gross income.

Identify and compare the amount you are likely to pay during different stages of your financial life.

Explain your liability for not paying taxes or for making an error on your tax return.

Review the tax rates on different sources of income and on different types of products and services purchased.

Explain why various forms of income are taxed differently.

Summarize how changing tax codes affect your income and potential tax refund.

Explain personal financial planning strategies to reduce tax liabilities.

Create an estate plan to reduce tax liabilities to you and your heirs.

Analyze various investments and investment vehicles that offer tax benefits.

Develop a comprehensive tax and personal financial plan.

Distinguish between the different types of tax forms.

Identify where to locate tax forms for various situations.

Identify different tax services and professionals who can help you file your taxes.

Identify resources that will help you understand the filing process for various taxes.

Identify the steps involved in choosing a professional tax advisor.

Identify the different types of information needed to complete your taxes.

Construct a plan to maintain accurate records needed for your taxes.

Compare services of different tax advisors/tax filing services and identify the one you feel provides the most comprehensive service.

Evaluate which tax forms best align with your situation and provide you the maximum benefits.

Analyze your responsibility for filing taxes correctly and on time.

Explain how keeping accurate records will reduce your risk of tax problems.

Analyze the criteria to use when selecting a tax advisor.

Evaluate and choose a tax advisor/filing service that meets your budget and lifestyle needs.

Explain the impact of the economic system on one’s personal financial goals.

Describe how your decisions affect society and contribute to the overall economy.

Identify the interdependent roles of government, businesses, and global citizens and how that interdependence affects your finances.

Identify government agencies that may affect your personal financial situation.

Identify government policy’s role in financial cycles and crises.

Explain how government agencies regulate financial markets.

Explain how monetary policies affect the economy.

Summarize different goal-setting techniques and strategies.

Identify the steps to prioritize your financial goals.

Explain how individuals and businesses influence government policies.

Explain the relationship between your personal financial situation and broader economic and governmental policies.

Critique the government’s role in historical financial crises and suggest possible changes to improve the situation.

Explain the conflicts of interest that arise when financial companies are involved in government.

Design a personal financial plan that leverages various government policies and opportunities.

Identify various factors that can influence your future goals.

Identify sources of consumer protection and assistance.

List consumer protection laws and the safeguards they provide.

List the government agencies that offer assistance.

Explain the services various government agencies provide to various individuals and businesses.

Distinguish between the various government organizations that provide consumer protection and identify the protocol for working with these agencies.

Create a plan that takes advantage of government opportunities and policies to improve your financial situation.

Identify financial risk factors that affect you now, and others that may affect you in the future.

Identify your personal risk tolerance related to financial matters.

Compare risk management options, including risk avoidance, risk reduction, risk sharing, and risk retention; choose personal risk management options that align with your goals.

Hypothesize preventive measures to reduce your risk.

Compare risk management tools that can protect you in various situations.

Design a risk management strategy that aligns with your risk tolerance levels.

Analyze various types of risk management to create a cost-effective risk management plan.

List the contracts in which you are likely to be involved during your lifetime, including car purchases, rental agreements, cell phone agreements, online purchase terms, and website terms and conditions.

Define when and why contracts are used.

Identify the components of contracts and their common terms and conditions.

Interpret the responsibilities and rights provided by common agreements, terms and conditions, including credit card terms, lease agreements, automobile purchase agreements, loan agreements, phone agreements, and other common contracts.

Investigate professionals who can help you review agreements.

Explain the relationship between your ability to understand contracts and your personal finances.

Analyze your current contracts to ensure that you agree with all the terms.

Create a plan to negotiate contract terms for various types of financial opportunities.

Identify professionals who can help you sign only those agreements that align with your overall financial plan.

List the common types of scams and fraud.

List common identity theft methods, including phishing, dumpster diving, theft, hard drive recovery, hacking, pharming, mail theft, and false scanners.

Summarize the direct impact of various types of fraud, scams, and identity theft on your personal finances, including your credit profile, net worth, etc.

Explain ways to protect oneself from various types of fraud, scams, and identity theft.

Analyze the laws associated with identity theft, scams, and fraud and explain how they protect you.

Identify different actions to recover from fraud.

Explain the actions one should take to restore one’s personal finances and security after experiencing various types of fraud, scams, and identity theft.

Design a plan to identify and connect with organizations and professionals that can provide fraud, scam, and identity theft assistance.

Identify the terminology associated with insurance.

List the different types of insurance and the protection they provide including health, life, automobile, long-term care, disability, homeowners, and renters insurance.

Identify the risks associated with not having various forms of insurance.

Illustrate the concept of insurance and explain the correlation between insurance and risk.

Summarize key features of various types of insurance.

Identify factors that can increase or reduce insurance costs.

Categorize the types and amounts of insurance mandated by various government regulations.

Summarize the different sources of insurance including insurance options provided by yourself, your employer, and the government.

Assess an insurance company and insurance professionals to determine whether they meet your different insurance needs.

Review insurance policies, rates, premiums, and deductibles to minimize costs in selected situations.

Compare the insurance application and claims processes to guide your choice of an insurance company.

Explain the net benefits you receive on a claim.

Analyze insurance coverage needs based on various factors including age, personal risk tolerance, occupation, lifestyle, and financial profile to determine the best policy for you.

Connect your risk levels to your insurance costs (i.e., risk-based pricing).

Create a plan to have optimal amounts of insurance for current and future life stages.

Analyze different types of insurance coverage for selected situations and various personal life stages.

Create an individual or family insurance plan that aligns with your short- and long-term financial goals.

Explain the benefits and risks involved with investing.

Summarize the benefits of creating a consistent investment plan. There are different types of investments.

Recognize common available investment options including real estate, stocks, and commodities.

Identify the costs, fees, and/or commissions associated with various investments.

List where you can locate a glossary of investment terms.

Recall terms associated with investing including asset allocation, diversification, opportunity cost, dollar cost averaging, and compound interest.

Summarize basic investment principles and strategies including diversification, opportunity cost, dollar cost averaging, and compound interest.

Compare the differences between retirement, non-retirement, qualified, and non-qualified investments.

Summarize how inflation may affect financial returns and one’s personal financial situation.

Assess the impact various global and economic market events may have on your investments. There are tools and formulas to calculate the costs and return on an investment.

Demonstrate the ability to calculate compounding interest, return on investment, and time value of money.

Demonstrate how to calculate the rate of return necessary to reach one’s investment goal.

Calculate the average cost per share of investments using dollar cost averaging.

Calculate investment growth given different amounts, times, rates of return, and frequency of compounding.

Summarize the connection between compounding interest and time.

Create an investment plan that considers various life factors including age, income, liabilities, assets, goals, family size, risk tolerance, and net worth.

Design a personal financial plan that compares various investment options.

Analyze the impact of inflation on your investment portfolio.

Compare the tax consequences of different investment options and distinguish tax-exempt, tax- deferred, and taxable investment options.

Compare the historical rates of returns from various markets. The risk and reward of different investment options varies.

Analyze how your portfolio will change over the years to align with your risk and return goals.

Summarize the maximum amount of loss from various investment options.

Assess the return on investment potential of different investment opportunities.

Differentiate among the types of investment vehicles.

Identify the types of financial institutions at which investment products can be purchased.

Describe the basic factors that affect the price of stocks, real estate, and other investment options.

Identify factors that influence investment planning (age, income, liabilities, assets, goals, family size, risk tolerance).

Explain the steps necessary to make informed investment decisions.

Describe the role risk tolerance plays in choosing investment vehicles.

Explain how risk tolerance may change with one’s situation.

Explain how diversification by investing in different types of financial assets can lower investment risk.

Compile a list of resources to gain knowledge about investment vehicles and options.

Explain the factors to consider when selecting financial professionals.

Select appropriate financial services and products based on an evaluation of service and product information.

Use systematic decision-making to select financial services or investments.

Explain why investors may sell stocks that have gained in value, but hold ones that have lost value. Explain why this may not make sense.

Create a plan to build the financial foundation you need before investing.

Develop a sample diversified investment portfolio that aligns with your financial goals.

Evaluate the consequences of various financial decisions related to investing and the process for responsible financial planning.

Create a personal financial plan in which investment opportunities align with your lifestyle and long-term financial goals.