Saving Money

Saving Money

Article • 15 min of learning

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

Personal Finance

Financial Responsibility

3: Explain how goals, decision‑making, and planning affect personal financial choices and behaviors.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Saving Money
a: Create a plan to reach a specific financial goal.

Saving

22: Research and report on the benefits of savings.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Saving Money
c: Explain reasons for maintaining an emergency savings account and methods for determining the amount needed.

23: Compare certificates of deposit, money markets, and savings accounts and identify the benefits and disadvantages of each.

Standards
Defined by Alabama Course of Study: Finance 9th-12th Grades and align with Saving Money
c: Explain the difference between simple and compound interest and calculate interest on a given amount of savings using each method.