$2301\_$LG$10$ Project &$8$

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PFI $2301$: Personal Financial Literacy

$2,$ Glo Project

Focus on YOU! Think about your daily life $($driving$,$ household, traveling, health$)$ and the financial$/$health risk you face. Use the space below to $1)$

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describe an example of a risk you face and what you do to protect yourself from that rik, and then $2)$ under Strategy$/$Severity$/$Frequency describe what you can do to manage the risk.

$\backslash$table$[[,$Strategy,Severity of Risk,Frequency of Risk$],[$Example: I have $$1000$ in my emergency fund in case I lose my cell phone,Retain,Low,Low$],[1,,,],[2,,,],[3,,,],[5,,,]]$

Focus on YOU! Now suppose you are choosing health insurance for yourself. Based on your own situation, what is your annual medical cost

$11$ Q$2($low $=$$$2,000$ or less in medical bills or high $=$$$25,000$ or more in medical bills each year$),$ and which insurance would you choose based on your family, history, lifestyle, etc. $($HMO vs PPO$)?$ Why?

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Application Time! Jessica just got married! Help her select health

$-=$ Info Sheet LG$10\_$Project

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