50/30/20 Budgeting

Article • 15 min of learning

Here's how 50/30/20 Budgeting aligns with curriculum standards in Hawaii. Use the filters to change the location, set of standards, and grade level.

Location

Standard

Grades

Theme 1: Earning Income

Content Standards: Students will know that...

Standards

Defined by Senate Concurrent Resolution No. 66 9th-12th Grades and align with 50/30/20 Budgeting

1: People make many decisions over a lifetime about their education, jobs, and careers that affect their incomes and opportunities.

2: Compensation for a job or career can be in the form of wages, salaries, commissions, tips, or bonuses, and may also include contributions to employee benefits, such as health insurance, retirement savings plans, and education reimbursement programs.

5.: Retirement income typically comes from some combination of continued employment earnings, Social Security, employer-sponsored retirement plans, and personal investments.

Theme 2: Spending: Content Standards: students will know that...

Content Standards: Students will know...

Standards

Defined by Senate Concurrent Resolution No. 66 9th-12th Grades and align with 50/30/20 Budgeting

2: Creating a budget can help people make informed choices about spending, saving, and managing money in order to achieve financial goals

Theme 3: Saving

Content Standards: Students will know that...

Standards

Defined by Senate Concurrent Resolution No. 66 9th-12th Grades and align with 50/30/20 Budgeting

1.: People save money for many different purposes, including large purchases such as cars and homes, education costs, retirement, and emergencies.

2.: Savings decisions depend on individual preferences and circumstances, and can impact personal satisfaction and financial well-being.