savvy consumer

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Post on 16-Aug-2015

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  1. 1. Junior Achievement Personal Finance Savvy Consumer
  2. 2. Risk Management The risks you face as a consumer can have a big impact on your finances. Risk management: predicting and minimizing the chance of financial loss. How do consumers potentially face the risk of financial loss? How are you informed and prepared?
  3. 3. Preparing for the Unknown Loss can impact: incomes, savings, or credit Risks can happen through a choice you make or through no fault of your own Business Scammers Accidents Health emergencies Natural disasters
  4. 4. Risk Management Techniques Insurance Fraud prevention Smart shopping Other ideas?