iRubric: K-12 Spending and Credit Standards - G4 rubric

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K-12 Spending and Credit Standards - G4 K-12 Money Management Standards - G12 K-12 Personal Financial Literacy Series. Spending and Credit Standards: Grade 4 Benchmarks. http://www.jumpstart.org/national_standers.html Rubric Code: Y4852 By gandalf Ready to use Public Rubric Subject: Finance Type: (Other) Grade Levels: K-5

Spending and Credit Student knows that
	Yes 10 pts	No 0 pts
1. To make a decision, careful consumers compare the benefits and costs of spending alternatives.	Yes	No
2. Information about goods and services comes from many sources.	Yes	No
3. Every spending decision has an opportunity cost.	Yes	No
4. People pay for goods and services in different ways.	Yes	No
5. Credit is a basic financial tool.	Yes	No
6. Borrowing money to buy something usually costs more than paying cash because there is a fee for credit.	Yes	No
7. Responsible borrowers repay as promised, showing that they are worthy of getting credit in the future.	Yes	No