Common Planner
K–12 Standards

Business and Marketing Education: Personal Finance

Other Kentucky CTE sets

Explain the economic impact of interest-rate fluctuations.BAS 120.1

  • 1

    Explain the economic impact of interest-rate fluctuations.BAS 120.1

Explain forms of financial exchange.BAS 120.2

  • 2

    Explain forms of financial exchange.BAS 120.2

Identify types of currency.BAS 120.3

  • 3

    Identify types of currency.BAS 120.3

Describe functions of money.BAS 120.4

  • 4

    Describe functions of money.BAS 120.4

Describe sources of income.BAS 120.5

  • 5

    Describe sources of income.BAS 120.5

Explain time value of money.BAS 120.6

  • 6

    Explain time value of money.BAS 120.6

Explain the purposes and importance of credit.BAS 120.7

  • 7

    Explain the purposes and importance of credit.BAS 120.7

Explain legal responsibilities associated with financial exchanges.BAS 120.8

  • 8

    Explain legal responsibilities associated with financial exchanges.BAS 120.8

Explain the nature of financial needs (e.g. college, retirement, wills, insurance, etc.). BAS 120.9

  • 9

    Explain the nature of financial needs (e.g. college, retirement, wills, insurance, etc.). BAS 120.9

Explain the need to save and invest.BAS 120.10

  • 10

    Explain the need to save and invest.BAS 120.10

Set financial goals.BAS 120.11

  • 11

    Set financial goals.BAS 120.11

Develop personal budget. BAS 120.12

  • 12

    Develop personal budget. BAS 120.12

Determine personal net worth.BAS 120.13

  • 13

    Determine personal net worth.BAS 120.13

Explain the nature of tax liabilities.BAS 120.14

  • 14

    Explain the nature of tax liabilities.BAS 120.14

Interpret a pay stub.BAS 120.15

  • 15

    Interpret a pay stub.BAS 120.15

Prepare bank account documents (e.g. checks, deposit/withdrawal slips, endorsements, etc.).BAS 120.16

  • 16

    Prepare bank account documents (e.g. checks, deposit/withdrawal slips, endorsements, etc.).BAS 120.16

Maintain financial records.BAS 120.17

  • 17

    Maintain financial records.BAS 120.17

Read and reconcile bank statements.BAS 120.18

  • 18

    Read and reconcile bank statements.BAS 120.18

Calculate the cost of credit. BAS 120.19

  • 19

    Calculate the cost of credit. BAS 120.19

Demonstrate the wise use of credit.BAS 120.20

  • 20

    Demonstrate the wise use of credit.BAS 120.20

Validate credit history.BAS 120.21

  • 21

    Validate credit history.BAS 120.21

Make responsible financial decisions.BAS 120.22

  • 22

    Make responsible financial decisions.BAS 120.22

Protect against identity theft. BAS 120.23

  • 23

    Protect against identity theft. BAS 120.23

Pay bills.BAS 120.24

  • 24

    Pay bills.BAS 120.24

Control debt.BAS 120.25

  • 25

    Control debt.BAS 120.25

Prepare personal income tax forms.BAS 120.26

  • 26

    Prepare personal income tax forms.BAS 120.26

Discuss the nature of retirement planning. BAS 120.27

  • 27

    Discuss the nature of retirement planning. BAS 120.27

Explain the nature of estate planning.BAS 120.28

  • 28

    Explain the nature of estate planning.BAS 120.28

Describe types of financial-services providers.BAS 120.29

  • 29

    Describe types of financial-services providers.BAS 120.29

Frequently asked questions

What grade levels do these standards cover?
Grade 11, Grade 12, and UNDERGRADUATE-LOWERDIVISION

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