TEKS: Chapter 113. Social Studies See All Teacher Resources

113.49.c.5

(5) Saving and investing. The student understands the importance of saving and investing in creating wealth and building assets. The student is expected to:

• (A) develop a short-term saving strategy to achieve a goal such as establishing and maintaining an emergency fund;
• (B) develop an intermediate-term saving and investing strategy to achieve a goal such as accumulating a down payment on a home or vehicle;
• (C) explain the tax benefits of charitable contributions; and
• (D) develop a long-term investing strategy to achieve a goal such as a financially secure retirement.