Common Planner
K–12 Standards

Personal Finance (2022)

Other South Dakota CTE sets

Analyze elements that affect personal income.PF 1

  • 1

    Explain controllable factors involved in personal finance. PF 1.1

  • 2

    Analyze factors that affect take home pay. PF 1.2

Implement processes involved in managing personal finances.  PF 2

  • 1

    Execute a rational decision-making process considering alternatives and consequences.  PF 2.1

  • 2

    Differentiate among various money management tools.PF 2.2

  • 3

    Generate a system to organize finances and maintain records. PF 2.3

Use an informed decision-making process to manage credit and debt.PF 3

  • 1

    Differentiate the sources, costs and benefits of using consumer credit.PF 3.1

  • 2

    Explain the positive and negative consequences of using credit.  PF 3.2

Evaluate savings and investment options to meet short- and long-term goals.PF 4

  • 1

    Explain how saving contributes to financial security.PF 4.1

  • 2

    Explain how investing builds wealth and helps meet financial goals.PF 4.2

Use appropriate and cost-effective risk management strategies.  PF 5

  • 1

    Evaluate how risk management protects against financial loss. PF 5.1

  • 2

    Determine how consumer protection laws protect consumers.PF 5.2

Frequently asked questions

What grade levels do these standards cover?
Grade 9, Grade 10, Grade 11, and Grade 12
Where can I read the official document?
Personal Finance

Find this useful?

If so, you'll love the standards search built into Common Planner.

Keep exploring

Keep exploring CTE standards

Sibling grade bands, other subjects in this jurisdiction, and the same subject across other states.

More South Dakota CTE sets

CTE