TEKS 111.27(b)(13)(C)
create and organize a financial assets and liabilities record and construct a net worth statement;
Source: Texas Administrative Code §111.27 (Chapter 111) · Adopted 2012
Knowledge & Skills 111.27(b)(13)
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 student is expected to:
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Shrutam is building free, screen-reader-friendly animated lessons for every TEKS standard. This page documents the standard text from the Texas Administrative Code so teachers, parents, and students can find exactly what students are expected to learn under TEKS 111.27(b)(13)(C).
Other expectations under 111.27(b)(13)
- TEKS 111.27(b)(13)(A) calculate the sales tax for a given purchase and calculate income tax for earned wages;
- TEKS 111.27(b)(13)(B) identify the components of a personal budget, including income; planned savings for college, retirement, and emergencies; taxes; and fixed and variable expenses, and calculate what…
- TEKS 111.27(b)(13)(D) use a family budget estimator to determine the minimum household budget and average hourly wage needed for a family to meet its basic needs in the student's city or another large c…
- TEKS 111.27(b)(13)(E) calculate and compare simple interest and compound interest earnings; and
- TEKS 111.27(b)(13)(F) analyze and compare monetary incentives, including sales, rebates, and coupons.