Case Study: Making Important Life Decisions

STUDENTS WILL:

• Apply a decision tree as part of the decision-making process for a major life decision.

• Analyze information in order to make data-driven decisions.

Mandate Requirements Alignment

11) Understanding how psychology can impact one’s financial well-being. 

Case Study: Making important life decisions reinforces the following:

6) Types and costs of insurance, including home, auto, health, and life insurance. 

8) Principles of investing and building wealth, including investment alternatives to build financial security, including tax-advantaged investments such as pensions and 401(k) plans, individual retirement accounts (IRAs), and stocks, bonds, mutual funds, and index funds. 

9) Enhancing consumer protection skills by raising awareness of common scams and frauds and preventing identity theft.