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Personal Finance Standards Database

New Jersey
New Jersey

K-2nd Grades

State Standards
9.1 Personal Financial Literacy by the End of Grade 2
9.1.2.CR: Civic Responsibility
9.1.2.CR.1: Recognize ways to volunteer in the classroom, school and community.
9.1.2.CR.2: List ways to give back, including making donations, volunteering, and starting a business.
9.1.2.FI: Financial Institutions
9.1.2.FI.1: Differentiate the various forms of money and how they are used (e.g., coins, bills, checks, debit and credit cards).
9.1.2.FP: Financial Psychology
9.1.2.FP.1: Explain how emotions influence whether a person spends or saves.
9.1.2.FP.2: Differentiate between financial wants and needs.
9.1.2.FP.3: Identify the factors that influence people to spend or save (e.g., commercials, family, culture, society).
9.1.2.PB: Planning and Budgeting
9.1.2.PB.1: Determine various ways to save and places in the local community that help people save and accumulate money over time.
9.1.2.PB.2: Explain why an individual would choose to save money.
9.1.2.RM: Risk Management and Insurance
9.1.2.RM.1: Describe how valuable items might be damaged or lost and ways to protect them.