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AlfabetizaciĆ³n financiera personal

5th Grade

Texas Essential Knowledge and Skills (TEKS): 5.10.A

define income tax, payroll tax, sales tax, and property tax;

Texas Essential Knowledge and Skills (TEKS): 5.10.B

explain the difference between gross income and net income;

Texas Essential Knowledge and Skills (TEKS): 5.10.C*

identify the advantages and disadvantages of different methods of payment, including check, credit card, debit card, and electronic payments;

Texas Essential Knowledge and Skills (TEKS): 5.10.D*

develop a system for keeping and using financial records;

Texas Essential Knowledge and Skills (TEKS): 5.10.E

describe actions that might be taken to balance a budget when expenses exceed income; and

Texas Essential Knowledge and Skills (TEKS): 5.10.F

balance a simple budget.

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