Check It Out

Check It Out

Article • 15 min of learning

Here's how Check It Out aligns with curriculum standards in Washington DC. Use the filters to change the location, set of standards, and grade level.

Saving and Investing

Knowledge Standards

SI.K.1: Compare the functions, benefits and drawbacks of different types of checking and savings accounts, including but not limited to regular savings, high-yield savings, money market, certificates of deposit (CDs), college savings, health savings and retirement savings accounts.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Check It Out
Students will examine the average interest rate of various savings accounts.
Students will analyze how different types of savings accounts differ in minimum deposits, rates and deposit insurance coverage.
Students will justify using different types of checking and savings accounts based on a comparison of the benefits and drawbacks of each.

Skills Standards

SI.S.1: Identify practices for saving towards short- and long-term financial goals.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Check It Out
Students identify the processes for opening and managing various savings accounts to meet their financial goals.

Spending

Skills Standards

SP.S.2: Analyze the various forms of payment an individual can utilize for expenditures.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Check It Out
Students will distinguish between different forms and functions of payment, including cash, check, cashier's check, debit card, credit card, money orders and electronic payments.