Must-Know Actionable Protection and Insurance Tips

Must-Know Actionable Insurance and Protection Tips: Easy Peasy Finance for Kids and Beginners

Practical, Actionable Protection and Insurance Tips

This video provides simple, actionable protection and insurance tips in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about insurance and protecting their assets, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course or K-12 curriculum.

Must-Know Actionable Protection and Insurance Tips
  • Save

Suitable for students from grade levels:

  • Kindergarten
  • Elementary School
  • Middle School
  • High School

The topics covered are:

Insurance and protection are two of the most important yet often overlooked aspects of personal finance.

These insurance tips will ensure you and your assets are protected no matter what.

Tip #1: Buy Insurance

Whether it’s life, auto, health, or home insurance, it offers protection from financial risks and gives tremendous peace of mind in the event of unexpected losses.

Review your insurance periodically to make sure it aligns with your changing needs.

Tip #2: Build an Emergency Fund

Everyone should set aside money equivalent to 3 to 6 months of expenses for emergencies like job loss, health issues or home repairs.

This makes sure a minor setback doesn’t lead to financial distress.

[This is an affiliate link: at no additional cost to you, we will earn a commission if you click & make a purchase]

Tip #3: Don’t be Gullible

Don’t fall for get-rich-quick schemes or look for shortcuts – if something sounds too good to be true, it probably is.

You may also like:  Active vs Passive Income: #1 Simple Comparison for Kids, Teens and Beginners

Tip #4: Prepare a Will

To make sure your hard earned money and assets go to the intended recipients, take the time to prepare a will that details out how your belongings will be distributed after you die.

More Tips

Insurance and protection are two key aspects of personal finance – but there is a lot more to it.

Liked these insurance tips? Check out our other posts for more actionable tips on budgeting, saving and investing, borrowing and credit cards, etc.


Must-Know Actionable Insurance and Protection Tips
  • Save

Leave a Comment

Copy link