Income & Expenses

Income & Expenses

Worksheet • 30 min of learning

Here's how Income & Expenses aligns with curriculum standards in Arkansas. Use the filters to change the location, set of standards, and grade level.

Financial Literacy

Standard 1.0: Assess the role of money in personal finance.

Performance Indicator 1.3: Analyze income, payroll, and employment forms.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Income & Expenses
1.3.2: Identify the components of a paycheck.
1.3.4: Calculate gross and net income for salary, hourly, and overtime pay.

Performance Indicator 1.4: Assess the role of budgeting in meeting financial goals.

Standards
Defined by Financial Literacy Model Framework 10th-12th Grades and align with Income & Expenses
1.4.3: Determine the purpose and need for a budget, identifying factors such as charitable giving, saving, food, clothing, transportation, personal expenses, insurance, household expenses, and recreation.
1.4.5: Create and balance a budget, incorporating financial‑management strategies.