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Personal Finance Lesson 3
Grade Level:
10
Subject:
Personal Finance
Topic:
Financial Planning
Objective:
1. Identify and explain Long-term and short-term goals
2. Understand Setting financial goals
3. Explain Financial planning
4. Identify financial resources to include income
5. Define budget
6. Identify daily expenses to include rent and utilities
7. Identify and explain asset, debt, interest, projections, and debt
8. Define taxes and identify types of taxes to include federal and state income taxes, excise taxes, transaction taxes, personal gains taxes, and sales taxes
9. Identify the role of the Internal Revenue Services
10. Explain the ways the government uses tax dollars to help the nation
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