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Decision Making when it comes to your Financials
Decision Making when it comes to your Financials

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Decision Making is a quality that students and adults need to have in order to reason through any problem or situation that arises. When it comes to your financials understanding how decisions can impact the future can change the pathway of your financial gains or losses. Aligns to the following TEKS: Personal Financial Literacy 4C – compare total costs of alternative methods of payment such as rent-to-own, store credit, installment agreements, cash, bank credit card, and debit card 4D – Apply strategies for making informed decisions about purchasing consumer goods such as comparing prices per unit, looking for sales or promotions, and negotiating price Support TEKS MS Math Process Standards 1A - apply mathematics to problems arising in everyday life, society, and the workplace 1B - use a problem-solving model that incorporates analyzing given information, formulating a plan or strategy, determining a solution, justifying the solution, and evaluating the problem-solving process and the reasonableness of the solution 1D -communicate mathematical ideas, reasoning, and their implications using multiple representations, including symbols, diagrams, graphs, and language as appropriate 1G - display, explain, and justify mathematical ideas and arguments using precise mathematical language in written or oral communication MS 7th grade Math - 7.13 F analyze and compare monetary incentives, including sales, rebates, and coupons MS 6th grade SS - 6.6A describe ways in which the factors of production (natural resources, labor, capital, and entrepreneurs) influence the economies of various contemporary societies MS 6th grade SS - 6.6B identify problems that may arise when one or more of the factors of production is in relatively short supply MS SS Process Standard 8.31(A) use problem‐solving and decision‐making processes to identify a problem, gather information, list and consider options, consider advantages and disadvantages, choose and implement a solution, and evaluate the effectiveness of the solution

Issuer:

Education Service Center, Region 20

Evidence: Text

Badge Type: knowledge

Expected Duration: 1 years

Critera

  1. [required] In order to earn this badge the learner must submit the following by uploading a picture or text:Students will upload their letter to their “future selves” offering advice about a major purchase they likely will make. Including their decision-making skills.

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