What does the “Protecting” unit of Financial Fitness emphasize?

The "Protecting" unit of Financial Fitness emphasizes insurance and consumer protection because it focuses on safeguarding individuals and families from financial risks and potential losses. This includes understanding various types of insurance, such as health, auto, home, and life insurance, which provide a financial safety net in case of unexpected events.

Additionally, consumer protection involves educating individuals about their rights as consumers and the importance of making informed financial choices. This aspect of financial literacy is crucial because it helps individuals avoid fraud, make wise purchasing decisions, and understand the protections available to them in the marketplace.

By prioritizing insurance and consumer protection, this unit aims to empower individuals with the knowledge they need to navigate financial risks intelligently and ensure they maintain financial stability even in adverse situations. This comprehensive approach is essential for building a solid foundation of financial wellness.