PFL Standards and Correlations

COURSES WITH PERSONAL FINANCIAL LITERACY STANDARDS 

For the State of Texas GRADES K – 12

Explanation of Terms

Curriculum Standards - Because of student mobility, Texas has adopted curriculum standards that are to be used in all the state's public schools. The current standards, which outline what students are to learn in each course or grade, are called Texas Essential Knowledge and Skills (TEKS).  The standards are adopted by the State Board of Education, after extensive input from educators and other stakeholders. http://tea.texas.gov/Curriculum_and_Instructional_Programs/Curriculum/

 

The TEKS are organized by sections called strands. Each strand has interrelated curriculum standards called Student Expectations (SE) that is preceded by a Knowledge and Skills Statement. The knowledge and Skills Statement describes the overview of the strand.

 

Example

strand       

Listed below are all the grades K-8 courses that contain personal financial literacy standards (PFL). These courses are required.

 

Listed below are all the grades 9-12 courses that contain personal financial literacy standards (PFL). The only course required for graduation is Economics with Emphasis on the Free Enterprise System. Personal Financial Literacy is required to be offered but is not required for graduation. Financial Mathematics and Math Models with Applications is not required but can count as a math credit. All the other courses are elective courses.

 


The Texas Education Agency has posted the final adoption of the new mathematics TEKS which embeds personal financial standards for grades Kindergarten - 8.

newPFL to SS TEKS Correlations 

 

PFL Resources to Math TEKS Correlations

Click on the links below to download the document.

 

newThese are the correlations between the new PFL TEKS and the K to 3 Social Studies Economics Strand

 

 

Resource Links

January 7, 2017

Compiled by Texas Council on Economic Education

 

Kyle – Below are the links that we are recommending to include the Texas JumpStart Resource page. The assignment was to find resource links on the national page that should appear on the Texas page as well as other links.

National Links

Clearinghouse

 
Jump$tart’s online Clearinghouse is the nation’s most comprehensive collection of financial education resources suitable for students in pre-kindergarten through college.  All of the resources listing in the Clearinghouse have been reviewed for appropriateness, based on the National Standards in K-12 Personal Finance Education.

National Standards

 
The third edition of the National Standards in K-12 Personal Finance Education was developed by the Jump$tart Coalition with a team of academic experts and 50 content reviewers.  These voluntary standards can be downloaded from the Jump$tart website.

Survey

 
Between 1997 and 2008, Jump$tart’s Biennial Survey of Financial Literacy Among High School Students was arguably the most notable and most often quoted research on the level of financial knowledge among American youth.  The research documented consistently low levels of financial literacy.  In 2008, Jump$tart added a survey of college students and in 2010 launched a comprehensive effort to retool the research efforts and update the survey instrument.

Best Practices

 
Jump$tart developed its “Best Practices” for teachers, authors, publishers, educational consultants, and other to use when developing and/or selecting personal finance educational materials.   The second edition, created in 2008, is available online and Jump$tart grants permission to use them freely.

 Money Smart

 

The FDIC’s new Money Smart for Young People series features four free age-appropriate curriculums that are designed to promote financial understanding in young people. The FDIC developed these new educational tools as part of ongoing work with the Consumer Financial Protection Bureau (CFPB) to improve financial decision-making skills among youth. The curriculum makes learning fun for students at every stage of development, from pre-K through age 20.

NEFE

 

Jump$tart Sustaining Partner

NEFE® is a private, nonprofit foundation dedicated to improving the financial well-being of all Americans. For 30 years, NEFE has been addressing youth financial literacy with the award-winning NEFE High School Financial Planning Program® that consists of free turnkey instructional materials, including student workbooks, instructor materials, and online financial literacy tools. Other resources: www.cashcourse.org for colleges and www.financialworkshopkits.org.

 

 

FDIC Money Smart for Young People

 

 

The FDIC’s new Money Smart for Young People series features four free age-appropriate curriculums that are designed to promote financial understanding in young people. The FDIC developed these new educational tools as part of ongoing work with the Consumer Financial Protection Bureau (CFPB) to improve financial decision-making skills among youth. The curriculum makes learning fun for students at every stage of development, from pre-K through age 20.

 

Building Wealth

 

This Dallas Fed financial education resource provides basic guidance to individuals and families who wish to develop a plan for building personal wealth. Building Wealth

 

 

Navigate: Exploring College and Careers

 

Navigate: Exploring College and Careers is a new classroom resource from the Federal Reserve Bank of Dallas. This resource is an introduction to the investigation of careers and college and is designed for 7th through 9th grade students. Many students and their families may not be familiar with the pathways to education after high school, and Navigate provides information to begin preparing for success.

 

econedlink

 

EconEdLink provides a premier source of classroom-tested, Internet-based economic and personal finance lesson materials for K-12 teachers and their students. With over 435 lessons to choose from, teachers can use as many of the lessons as they would like and as often as they would like.

 

Council for Economic Education National Stands for Financial Literacy

 

The National Standards for Financial Literacy provide a framework for teaching personal finance in kindergarten through 12th grade. A student who masters the knowledge embodied in the standards should be able to avoid making poor financial decisions, understand the economic reasons behind the trade-offs between financial choices, and know the basis for their own decisions.

 

 

Gen i Revolution

 

Developed for middle school and high school students, this online game gives your students the chance to learn important personal finance skills as they play and compete against fellow classmates. Gen i revolution

 

 

 

Texas Links

Texas Reality Check

 

Will you be able to afford the lifestyle you want? It's difficult to predict the future, but it's never too early to start planning for it. Texas Reality Check will show you how much your living expenses will cost, and the amount of money you will need to earn to pay for them.

 

Smarter Texas

 

Texas Council on Economic Education provides the Smarter Texas personal financial literacy resources for grades K-12. Teachers can download free lessons written specifically to support the Texas personal financial literacy standards as well as resources to standards correlation charts.

 

 

 

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