SS.8.FL.2.5

Discuss the fact that people may revise their budget based on unplanned expenses and changes in income.

Offer ways to balance a family’s budget given unplanned expenses such as health care costs, car repairs, or change in income.

General Information

Subject Area: Social Studies

Grade: 8

Strand: Financial Literacy

Standard: Explore and evaluate the role, influences affecting and legal responsibility of being a consumer of goods and services.

Date Adopted or Revised: 06/14

Status: State Board Approved

Related Courses

This benchmark is part of these courses.

2104060: M/J Introduction to Personal Financial Literacy (Specifically in versions: 2019 - 2022, 2022 - 2023, 2023 - 2024, 2024 and beyond (current))

Alternate version of this benchmark for students with significant cognitive disabilities.

SS.8.FL.2.AP.5a: Identify the purpose and components of a family budget.

SS.8.FL.2.AP.5b: Identify ways a family budget can be impacted by unplanned expenses

Vetted resources educators can use to teach the concepts and skills in this benchmark.

Vetted resources students can use to learn the concepts and skills in this benchmark.

Vetted resources caregivers can use to help students learn the concepts and skills in this benchmark.