Reporting Category 4 (TEKS 6.14 Economic Thinking)
Data Analysis and Personal Financial Literacy
The videos in this post explain mathematics Texas Essential Knowledge and Skill 6.14:
Personal financial literacy. The student applies mathematical process standards to develop an economic way of thinking and problem solving useful in one’s life as a knowledgeable consumer and investor.
The STAAR videos below are selected released items from 6th grade STAAR tests in 2016, 2018, 2019, and 2021. You can view the complete review of the 2017 STAAR test here.
compare the features and costs of a checking account and a debit card offered by different local financial institutions
distinguish between debit cards and credit cards
balance a check register that includes deposits, withdrawals, and transfers
describe the information in a credit report and how long it is retained
describe the value of credit reports to borrowers and to lenders
explain various methods to pay for college, including through savings, grants, scholarships, student loans, and work-study
compare the annual salary of several occupations requiring various levels of post-secondary education or vocational training and calculate the effects of the different annual salaries on lifetime income
To view all the posts for the 6th Grade Reporting Category 4 review, click here.