Skip to main content
Find a Lawyer

Arkansas Code Title 6. Education § 6-16-135. Personal and family finance standards

Current as of March 28, 2024 | Updated by Findlaw Staff

(a) The Division of Elementary and Secondary Education, in consultation with the Division of Career and Technical Education and subject to the approval of the State Board of Education, shall develop personal and family finance standards.

(b) The standards shall include the following material concerning personal and family finance:

(1) Income, including without limitation taxes;

(2) Money management, including without limitation:

(A) Household budget creation;

(B) Banking practices, including savings account and checking account maintenance;

(C) Insurance;

(D) Charitable giving; and

(E) Long-term financial planning;

(3) Spending and credit, including without limitation:

(A) Basic consumer finance;

(B) Identity fraud and theft;

(C) Home ownership;

(D) Debt management;

(E) Credit management;

(F) Bankruptcy; and

(G) Consumer protection;

(4) Saving and investing, including without limitation:

(A) Methods of saving;

(B) Methods of investing;

(C) Retirement planning;

(D) Risk and return; and

(E) Regulation of savings and investment; and

(5) Preparing for employment, including without limitation:

(A) Decision making and employment choices;

(B) Job seeking skills, including resume building and interview skills;

(C) Understanding paychecks, including without limitation:

(i) I-9 forms;

(ii) W-4 forms; and

(iii) Income tax deductions;

(D) Employment benefits;

(E) Soft job skills, including without limitation:

(i) Communication;

(ii) Time management; and

(iii) Meeting basic employer expectations and requirements;

(F) The differences between salaried and hourly employment; and

(G) Overtime.

(c) Beginning with the entering ninth grade class of the 2017-2018 school year, each public high school student shall be required before graduation to earn a credit in a course taken in grade nine (9), grade ten (10), grade eleven (11), or grade twelve (12) that includes the personal and family finance standards under subsection (b) of this section.

Previous Part of Code Next Part of Code
Back to Chapter List

Cite this article: FindLaw.com - Arkansas Code Title 6. Education § 6-16-135. Personal and family finance standards - last updated March 28, 2024 | https://codes.findlaw.com/ar/title-6-education/ar-code-sect-6-16-135/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

Was this helpful?

Welcome to FindLaw's Cases & Codes

A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.

Go to Learn About the Law

Latest Blog Posts

For Legal Professionals

Learn About The Law

Get help with your legal needs

FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.

Go to Learn About the Law

Need to Find an Attorney?

Search our directory by legal issue

Enter information in one or both fields (Required)

Copied to clipboard