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.49: Investigate ways that personal information is fraudulently obtained.
9-12.Econ.50: Identify voluntary (e.g., retirement contributions) and involuntary deductions (e.g., payroll
taxes) and how they impact net income
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.52: Evaluate options for payment on credit cards and the consequences of each option.
9-12.Econ.53: Describe how a credit score impacts the ability to borrow money and at what rate.
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.56: Explain what a mortgage is, why most Americans require one to finance a home, and the
challenges of financing mortgages on tribal land.
9-12.Econ.57: Explain how investing may build wealth and help meet financial goals (e.g., stocks, bonds,
mutual funds, retirement savings options, real estate).
9-12.Econ.58: Explain various types of insurance and the purpose of using insurance to protect financial
interests.
