TEKS: Chapter 111. Mathematics See All Teacher Resources
111.6.b.10
(10) Personal financial literacy. The student applies mathematical process standards to manage one's financial resources effectively for lifetime financial security. The student is expected to:
- (A) distinguish between fixed and variable expenses;
- (B) calculate profit in a given situation;
- (C) compare the advantages and disadvantages of various savings options;
- (D) describe how to allocate a weekly allowance among spending; saving, including for college; and sharing; and
- (E) describe the basic purpose of financial institutions, including keeping money safe, borrowing money, and lending.