1
Essential Questions:
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What is the difference between gross pay and my net pay?
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How do deductions affect my taxable income?
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How does my type of work affect how I pay taxes?
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What are taxes used for?
Essential Questions:
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What are my needs and wants?
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What is a budget?
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What are checking and savings accounts?
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What are some tools and strategies to help me be more financially healthy?
2
Essential Questions:
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What is a credit score?
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What factors influence a credit score?
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How can my credit score be used?
Essential Question:
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What is the relationship between the principal, interest and term of a loan?
Essential Questions:
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How can I afford higher education?
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What is the difference between subsidized and unsubsidized loans?
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What about government versus private student loans?
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What will I pay when I graduate?
3
PAYMENT TYPES:
Essential Questions:
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How do credit cards work?
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What are responsible ways to use a credit card?
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What is a credit history and how do I build one?
PAYMENT TYPES:
Essential Questions:
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How do you write a check?
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When should I use a check?
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What are the risks and benefits associated with checks?
PAYMENT TYPES:
PAYMENT TYPES:
Essential Questions:
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What is a debit card?
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When should you use a debit card over other payment types?
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What are the risks and benefits associated with debit cards?
PAYMENT TYPES:
Essential Questions:
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What are payment apps?
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What is the best way to use them?
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What are the risks and benefits associated with payment apps?
4
Essential Questions:
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What is fraud?
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What are common scams and how do I protect myself?
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Who is responsible for fixing fraud and how?
Essential Questions:
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What is insurance, a premium and a deductible?
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What insurance do I need and when?
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Do I really need insurance?
5
INVESTING:
Essential Questions:
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What is compound interest?
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What are ways that money can make money?
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What is the difference between saving and investing?