Financial Planning for Catastrophe
Financial Planning for Catastrophe
Description:
This lesson will focus on the need to plan financially for unexpected disasters, showcasing the devastation that can occur from natural catastrophes. Students will learn the importance of having a financial "safety net" and how savings and budgeting are necessary components of the plan. An analysis of the costs and benefits of insurance, as well as an investigation of private and public funding options, will be conducted by the class.
Education Levels:
9, 10, 11, 12
Subject:
Economics
Resource Type:
Lesson plan
Fee Status:
Free
Online provider:
Educational Broadcasting Corporation
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