Money Management Skills

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Lecture 8: Managing Risk with Insurance


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  1. What is the goal of risk management for an individual, and how is
    managing household risk different from managing risk of a corporation?

  2. :K\GRQ¶WSHRSOHEX\WKHLQVXUDQFHWKH\QHHGWKHPRVWDQGZK\PLJKW
    they be attracted to insurance that is least valuable according to a life
    cycle framework?


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