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Junior Achievement Personal Finance
Savvy Consumer
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?
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
Risk Management Techniques
 Insurance
 Fraud prevention
 Smart shopping
 Other ideas?

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Savvy consumer

  • 1. Junior Achievement Personal Finance Savvy Consumer
  • 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. 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. Risk Management Techniques  Insurance  Fraud prevention  Smart shopping  Other ideas?