Katrina's Classroom - Lesson 1: Katrina Strikes
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- Katrina's Classroom - Lesson 1: Katrina Strikes
- Reserve Bank
During ordinary times, people with financial knowledge and skills contribute to a stable economy by consuming wisely, saving, and investing. In the face of a natural disaster such as a hurricane, tornado, or earthquake, or in the face of a personal crisis or tragedy, the financially prepared are generally able to recover more quickly, which helps the economy remain stable. Katrina Strikes is an introduction that sets the groundwork for developing the skills to create a plan for emergency and financial preparedness. The lessons are designed for personal finance-related classrooms and are presented in two formats: 1) SMART Board–based lesson, and 2) PowerPoint–based lesson. Following the main lesson, additional activities have been identified to allow educators in other disciplines to utilize the video and core lesson concepts in their classrooms.
|goals needs wants decision making scarcity opportunity cost financial preparedness planning emergency fund|