Financial Resilience and Crisis Planning

This unit develops students’ ability to anticipate, analyze, and respond to financial shocks by studying past crises, evaluating social safety nets, and building practical personal crisis plans. Students will practice researching economic data and advisors, making evidence-based saving and investing choices, and adapting budgets and strategies as circumstances change.

Learning Objectives

• Analyze historical economic and financial crises to identify common causes, warning signs, and lessons that inform personal and household preparedness
• Evaluate personal and societal financial safety nets (insurance, emergency funds, and government programs) and apply them to design a comprehensive crisis-response plan that prioritizes health, liquidity, and risk management
• Apply financial research skills to interpret economic reports and critically assess advisors’ and influencers’ claims, using evidence to make informed saving and investing decisions aligned with risk tolerance and long-term goals
• Demonstrate adaptive financial decision-making by constructing and revising budgets and investment strategies that balance spending and saving under changing circumstances and incorporate lessons learned from past mistakes