New Jersey
3rd-5th Grades
State Standards
9.1 Personal Financial Literacy by the End of Grade 5
9.1.5.CRCivic Financial Responsibility
9.1.5.CR.1Compare various ways to give back and relate them to your strengths, interests, and other personal factors.
9.1.5.CPCredit Profile
9.1.5.CP.1Identify the advantages of maintaining a positive credit history.
9.1.5.EGEconomic and Government Influences
9.1.5.EG.1Explain and give examples of what is meant by the term 'tax.'
9.1.5.EG.2Describe how tax monies are spent.
9.1.5.EG.3Explain the impact of the economic system on one's personal financial goals.
9.1.5.EG.4Describe how an individual's financial decisions affect society and contribute to the overall economy.
9.1.5.EG.5Identify sources of consumer protection and assistance.
9.1.5.FIFinancial Institutions
9.1.5.FI.1Identify various types of financial institutions and the services they offer including banks, credit unions, and credit card companies.
9.1.5.FPFinancial Psychology
9.1.5.FP.1Illustrate the impact of financial traits on financial decisions.
9.1.5.FP.2Identify the elements of being a good steward of money.
9.1.5.FP.3Analyze how spending choices and decision-making can result in positive or negative consequences.
9.1.5.FP.4Explain the role of spending money and how it affects well-being and happiness (e.g., 'happy money,' experiences over things, donating to causes, anticipation, etc.).
9.1.5.FP.5Illustrate how inaccurate information is disseminated through various external influencers including the media, advertisers/marketers, friends, educators, and family members.
9.1.5.PBPlanning and Budgeting
9.1.5.PB.1Develop a personal budget and explain how it reflects spending, saving, and charitable contributions.
9.1.5.PB.2Describe choices consumers have with money (e.g., save, spend, donate).
9.1.5.RMIRisk Management and Insurance
9.1.5.RMI.1Identify risks that individuals and households face.
9.1.5.RMI.2Justify reasons to have insurance.