TEKS: Chapter 118. Economics See All Teacher Resources

118.4.c.18

(18) Personal financial literacy. The student understands the role of individuals in financial markets. The student is expected to:

• (A) assess ways to be a wise investor in the stock market and in other personal investment options;
• (B) explain how to begin a savings program;
• (C) examine investment options available in a personal retirement plan;
• (D) demonstrate how to maintain a checking account, including reconciling a bank statement;
• (E) identify the types of loans available to consumers;
• (F) explain the responsibilities and obligations of borrowing money; and
• (G) develop strategies to become a low-risk borrower by improving one's personal credit score.