TEKS 4.10 Personal Financial Literacy. The student is expected to: (A) distinguish between fixed and variable expenses; (B) calculate profit in a given situation; (C) compare the advantages and disadvantages of various savings options; (D) describe how to allocate a weekly allowance among spending; saving, including for college; and sharing; and (E) describe the basic purpose of financial institutions, including keeping money safe, borrowing money, and lending.