Where can I read the official document?

Ohio's Model Curriculum: Financial Literacy

Grades 4, 5, 6
Other Ohio Financial Literacy sets
Grades K, 1, 2, 3
Grades 7, 8
Grades 9, 10, 11, 12

1.
People have limited resources and must prioritize their needs and wants. Saving and/or investing a percentage of income contributes to an individual's financial well-being. Professionals can help individuals determine financial goals.4-6.1
2.
Competencies (knowledge and skills), commitment (motivation and enthusiasm), competition (globalization and automation), training, work ethic, abilities and attitude are all factors impacting one's earning potential and employability.4-6.2
3.
People may receive money as gifts, allowance or income. Incomes can vary based on knowledge, skills and experiences.4-6.3
4.
Recognize that people pay taxes on the money they earn. Money collected from taxes is used to provide local, state and national government services.4-6.4

5.
Financial responsibility includes the development of a spending and savings plan (personal budget).4-6.5

6.
An informed consumer makes decisions on purchases that may include a decision-making strategy to determine if purchases are within their budget.4-6.6

7.
Examine the different ways that people pay for goods and services.4-6.7
8.
People may have to borrow money for large purchases. There are financial responsibilities with borrowing.4-6.8
9.
Saving today can help meet future goals, including education.4-6.9

What grade levels do these standards cover?: Grade 4, Grade 5, and Grade 6
When were these standards adopted?: 2019
Where can I read the official document?: Ohio's Model Curriculum: Financial Literacy

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