T.i.P.S.

  • Lightbulb Students should review and analyze different real-life financial scenarios to determine if the decision in those scenarios were financially responsible or financially irresponsible.

Example

  • Mark just graduated college and is about to start his first professional job. He will make $55,000 a year. He has received 5 different credit cards offers in the mail. What would you tell Mark about accepting these offers?

    Hint
    Possible Solution

Digital Tools

  • Click on the following links for interactive games.

Resources

TEKS

  • 8.12 Personal financial literacy. The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one's life as a knowledgeable consumer and investor. The student is expected to:

    (F) analyze situations to determine if they represent financially responsible decisions and identify the benefits of financial responsibility and the costs of financial irresponsibility

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