Smart Borrowing and Insurance Basics for Kids

Lesson 1: Borrowing Essentials
Learn the fundamentals of borrowing, including various borrowing methods and the importance of credit scores.

Lesson 2: Understanding Loans
Explore different loan types, repayment schedules, and the role of downpayments in borrowing.

Lesson 3: Credit and Debt Management
Understand how credit cards, overdrafts, and debt work, along with tips for managing credit responsibly.

Lesson 4: Responsible Borrowing
Learn strategies to avoid debt traps, recognize scams, and make informed borrowing decisions.

Lesson 5: Managing Risk with Insurance
Understand how insurance covers financial losses and helps you choose the right health plan.

Lesson 6: Property, Auto, and Life Insurance
Learn how property, auto, and life insurance protect your assets and secure your financial future.

Upon completing this course, students will be able to make informed borrowing decisions, understand different types of loans and repayment terms, and manage credit responsibly. They’ll also gain a foundational understanding of various insurance types and how insurance provides financial protection. Equipped with these skills, students will be better prepared to handle real-world financial choices confidently.

• Understanding Credit and Loans: Gain knowledge about credit scores, different types of loans, and borrowing methods. 
  
• Loan Evaluation: Learn how to assess loan terms, repayment schedules, and the importance of downpayments. 
  
• Debt Management: Develop skills in managing credit cards, overdrafts, and debt responsibly to avoid financial pitfalls. 
  
• Responsible Borrowing: Recognize debt traps, identify scams, and make informed borrowing decisions. 
  
• Basic Insurance Knowledge: Understand the purpose of insurance and different types, such as health, auto, property, and life insurance, for financial protection.