Washington
Kindergarten
State Standards
K.SS: Spending and Saving
Develop a plan for spending and saving.
1: Decide uses for personal funds.
2: Give examples of alternatives to activities that charge fees.
3: Differentiate between private and public property.
Develop a system for keeping and using financial records.
4: Use a method to keep track of money saved for future spending.
Describe how to use different payment methods.
5: Sort coins and paper money by appearance and name.
6: Count items up to 10.
Apply consumer skills to spending and saving decisions.
7: Explain how charitable giving differs from sharing toys with a friend.
8: Identify possessions that are suitable for donation to a charity.
K.CD: Credit and Debt
Analyze the costs and benefits of various types of credit.
1: Explain why something borrowed must be returned.
2: Explain the difference between buying and borrowing.
3: Explain how to take care of something borrowed.
K.EI: Employment and Income
Explore job and career options.
1: List tasks that an adult does at a job.
Compare sources of personal income and compensation.
2: List occasions when people might receive money gifts.
K.RM: Risk Management and Insurance
Identify common types of risks and basic risk management methods.
1: Discuss a system to keep track of personal items and small amounts of money at home.
2: Identify safe ways to carry small amounts of money and personal items.
3: Given an activity, tell ways to reduce and avoid potential risks.
Justify reasons to use health, disability, long-term care, and life insurance.
4: List ways that children can protect themselves from injury.
K.FD: Financial Decision-Making
Recognize the responsibilities associated with personal financial decisions.
1: Demonstrate spending by trading money for something else.
2: Share an experience about deciding not to spend money.
Make criterion-based financial decisions by systematically considering alternatives and consequences.
3: Give an example of something that could be a need for one person but not for another.
4: Discuss how wants might differ, depending on individual circumstances such as age, where one lives, and time of year.
Analyze the requirements of contractual obligations.
5: Give reasons for keeping promises between friends or family members.
Control personal information.
6: Explain the reasons for not sharing personal information with strangers.
Use a personal financial plan or budget.
7: Differentiate between possessions that belong to a specific family member and those that are available for everyone in the family to use.