Videos aligned with the “Risk Management and Insurance” standard from the National Standards in K-12 Personal Finance Education.
Overall Competency: Apply appropriate and cost-effective risk management strategies.
A quick introduction to the world of finance for kids, teens and beginners. For the full video, please visit: What is Finance? A Simple Explanation for Kids, Teens and Beginners Infographic: Download a High-Quality Printable Version
Howdy Wall St. Willy! All this Halloween spooky stuff is making me think about death. So, what will happen to all of my stuff if I die? Well, you can always have a will. What is a will? A will is a document that your write which states all the people who will get your …
Read MoreWhat is a Will? Succession Planning or Estate Planning Basics
Howdy Wall St. Willy! When I went to the doctors’ they asked me for my health insurance. But what is health insurance anyway? Health insurance is insurance that covers health related expenses like a doctor’s visit, hospitalization, medicines and many more. But to get this facility you have to pay a certain amount to the …
Read MoreWhat is Health Insurance or Medical Insurance?
Introduction to Life Insurance for Kids and Teens This video explains the concept of life insurance in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about life insurance, or used as a money & personal finance resource by parents and teachers as part of a …
Read MoreWhat is Life Insurance? A Simple Explanation for Kids, Teens and Beginners
Introduction to Emergency Fund for Kids and Teens This video explains the concept of Emergency Fund in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about creating an Emergency Fund, or used as a money & personal finance resource by parents and teachers as part …
Read MoreWhat is an Emergency Fund? A Simple Explanation for Kids, Teens and Beginners
What is car insurance or auto insurance? Car insurance or auto insurance is insurance meant to financially protect you against unforeseen events related to your car, like accidents, theft, fire, etc. (It is also called Motor Insurance or Vehicle Insurance). Are there different types of car insurance? There are 3 main types: Comprehensive Collision …
Read MoreWhat is Car Insurance or Auto Insurance?
We have talked about what identity theft is, and why it is bad. But what should I do if I am a victim of ID theft? As soon as you find out that you are a victim of identity theft, you need to take a few immediate steps. First, call the fraud department of …
Read MoreWhat to do if You Are a Victim of Identity Theft / ID Theft?
Recently, I read about identity theft. But what exactly is identity theft? Identity theft or ID theft is when someone steals your personal or financial information and uses it to commit fraud, in your name. What kind or fraud? Why is identity theft so bad? ID theft can have a huge financial impact, since …
Read MoreWhat is Identity Theft?
Introduction to Insurance for Kids’ Financial Literacy This video explains the concept of insurance in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about insurance, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course …
Read MoreWhat is Insurance? A Definitive Guide for Kids, Teens and Students of All Ages
What is a safe deposit box? A safe deposit box is a container—normally a metal box—that you rent from a bank or a credit union to store important documents and valuables. It is kept in the bank’s vault, and is also known as safety deposit box. Why is a safe deposit box needed? Even …
Read MoreWhat is a Safe Deposit Box or Safety Deposit Box?
