See all 11th-12th Grades Standards
Owning a Car

Owning a Car

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Here's how Owning a Car aligns with curriculum standards in Utah. Use the filters to change the location, set of standards, and grade level.

STRAND 5: Students will understand principles of personal money management, including budgeting and managing accounts, and the role and impact of credit on personal finance.

Standard 1: Identify and explain the process of budgeting based on projected income and expenses.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Owning a Car
Develop a budget that includes the following categories: spending/debt, savings, investing, charitable contributions (such as the 70‑20‑10 rule).
Define fixed, variable, and periodic budget categories.
Compare tools for tracking a budget, income, and expenditures, such as paper and digital tracking.

Standard 4: Understand the importance and complications of the three big expenses: housing, cars, and education.

Standards
Defined by General Financial Literacy 11th-12th Grades and align with Owning a Car
Compare the pros and cons of buying or leasing a new or used vehicle, and identify the costs associated with each option.