Financial Algebra

Employment & Income

  • Gross Pay: Hourly, Salary, Overtime

  • Net Pay: Deductions and Withholdings

  • Commission and Piecework Pay

  • Taxes: Federal, State, FICA

Budgeting & Consumer Skills

  • Creating a Personal Budget

  • Fixed vs. Variable Expenses

  • Checking and Savings Accounts

  • Debit vs. Credit Cards

  • Reconciling Bank Statements

Banking & Saving

  • Simple Interest

  • Compound Interest

  • Annual Percentage Yield (APY)

  • Time Value of Money

  • Comparing Savings Options

Credit & Loans

  • Credit Reports and Scores

  • Types of Loans: Personal, Auto, Mortgage

  • Credit Cards: APR, Minimum Payments

  • Amortization Schedules

  • Installment Loans vs. Revolving Credit

Buying & Leasing a Car

  • Down Payments and Monthly Payments

  • Depreciation and Trade-In Value

  • Leasing vs. Financing

  • Insurance and Other Costs

Housing & Mortgages

  • Renting vs. Buying

  • Mortgage Types and Terms

  • Property Taxes and Insurance

  • Closing Costs and Escrow

  • Mortgage Payment Calculations

Investing

  • Stocks, Bonds, and Mutual Funds

  • Risk vs. Return

  • Diversification and Portfolios

  • Dividends and Capital Gains

  • Reading Stock Tables

Retirement & Insurance

  • Retirement Accounts: 401(k), IRA

  • Social Security Basics

  • Health, Life, Auto, and Home Insurance

  • Premiums, Deductibles, and Copays

  • Comparing Insurance Plans

Taxes & Government

  • Understanding W-2 and 1099 Forms

  • Filing a Basic Tax Return

  • Progressive vs. Flat Tax Systems

  • Sales Tax and Property Tax

  • Public Goods and Services

Entrepreneurship & Business Math

  • Revenue, Cost, and Profit

  • Break-Even Analysis

  • Business Expenses and Budgeting

  • Payroll and Benefits

  • Inventory and Markup/Markdown

Data Analysis & Decision Making

  • Reading and Interpreting Graphs

  • Creating and Analyzing Budgets

  • Consumer Decision Making

  • Scams, Fraud, and Identity Theft

  • Ethical and Informed Financial Choices