Financial Literacy 20, 30
Financial Literacy 20, 30 homepage Outcomes & Indicators Resources

Course Configurations

Financial Literacy 20

Financial Literacy 30

Suggested Modules for Middle-Level PAA Survey Courses

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Explore the purposes of money.

Indicators for this outcome
(a)

Explore common responses to questions such as:

  • Why do people and communities need money?
  • How much money does one really need?
  • What are common financial decisions people and communities face?
  • How do personal and community financial decisions affect self and others?
  • Why is it important to manage personal and community finances?
  • What influences one’s perception of, and value of, money?
(b) Discuss reasons why money is valued (e.g., safety and security, ability to have choices, comfort and control, ability to give back and to share, adventure and freedom).
(c) Explain the concept of opportunity cost (i.e., every money decision involves a trade-off).
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