General Competencies

• I understand how the US dollar and other currencies work.

• I understand how items acquire value through the interplay of supply and demand. 

• I can distinguish between wants and needs in the context of spending. 

• Having a job can be helpful to achieve my financial goals. 

• I know why saving and investing are necessary to build financial confidence in the future (focusing on long-term gains). 

• I understand the value of budgeting in determining when to spend vs. save. 

• I can set financial goals. 

• I know the relationship between time, value, and money.

Advanced Competencies

• I know the difference between credit and debit cards, specifically how credit scores work and why building credit is important.

• I understand how interest rates work and their impacts on credit, macro, and microeconomic conditions. 

• I understand the roles of loans and debt. 

• I know the difference between savings and checking accounts. 

• I understand the difference between assets and liabilities.