Emergency Fund

Emergency Fund

Worksheet • 30 min of learning

Here's how Emergency Fund aligns with curriculum standards in Tennessee. Use the filters to change the location, set of standards, and grade level.

3: Planning and Money Management

Standards
Defined by Personal Finance 9th-12th Grades and align with Emergency Fund
3.2: Monthly Budget: Using research from local sources (such as cost of living calculators, newspapers, chambers of commerce, local government, and company websites), create a monthly personal budget that reflects household living expenses, taxes, potential savings, and an emergency fund. Develop a saving/spending plan for a week and track actual spending for comparison.

6: Saving and Investing

Standards
Defined by Personal Finance 9th-12th Grades and align with Emergency Fund
6.1: Saving and Investing: Explain how saving and investing contribute to financial well-being, building wealth, and helping meet personal financial goals. Compare and contrast saving and investment strategies, such as savings accounts, certificates of deposit, stocks, bonds, mutual funds, employer sponsored savings plans, physical assets, and commodities. Design a diversified saving and investment plan that includes strategies compatible with personal goals. Include time value of money and compound interest calculations in analysis.