FINANCIAL LITERACY

Financial Literacy

Course Number: 121451

Semesters: 1

Grade Level: 9

Prerequisites: None

Financial Literacy is a one semester course required for ninth grade students but may be taught to students at other levels with permission of principal/counselor. The course includes fourteen standards. Graduation requires the completion and passing of EACH of these components with verification through a “passport to financial literacy”. Topics covered include but are not limited to: Earning an income; understanding state and federal taxes; banking and financial services; balancing a checkbook; savings and investing; planning for retirement; understanding loans and borrowing money, including predatory lending and payday loans; understanding interest, credit card debt, and online commerce; identity fraud and theft; rights and responsibilities of renting or buying a home; understanding insurance; understanding the financial impact and consequences of gambling; bankruptcy and charitable giving.