Bank of America and Khan Academy created an online partnership to educate consumers about the basics of personal finance and money management. Students sign up for free and can accumulate points and earn badges on many topics including credit, taxes, personal banking/security, saving, school expenses, home buying, car buying, and debt. Tools include informative videos, infographics, key takeaways, and short quizzes.

Lesson Objective: At the completion of this lesson, students will be able to explain risk management through a combination of avoidance, risk, reduction, retention, and transfer.  Supplies NeededStudent Handout 1 Insurance Vocabulary (1 per student) (found in Task 2) Student Handout Answer Key1Insurance Vocabulary (found in Resource Library) Student Handout 2 You Make the Decision (1 per student) (found in Task 4) Student Handout 5 Risk Vocabulary Quiz (1 per student) (found in Task 7) Student Handout Answer Key 5 Risk Vocabulary Quiz Answer Key (found in Resource Library)  Video 1 Why Life Insurance is Important (1:49) (found in Task 1)  ReferencesEconedlink: Council for Economic Education. (n.d.). Economic Glossary. Retrieved from http://www.econedlink.org/economic-resources/glossary.phpMBA dictionary. (n.d.). Retrieved November 15, 2014, from MBAResearch and Curriculum CenterShutterstock. (n.d.) Photos. Retrieved from http://www.shutterstock.com/ 

Article describes the concept of insurance, the benefits it provides and insurance terminology

This resource is a collaborative assessment that takes about five 50-minute class periods (without the presentation time) that can be used after completing the Junior Achievement Economics for Success program. Outcome topics include goals, budgeting, credit, and insurance. Other prior knowledge includes how to create, format, and collaborate using a presentation app (Google Slides). Keep in mind that this project is used in a class that also teaches keyboarding, personal finance, and computer applications.  This is part of a unit assessment.