This program gives students a solid grounding in a variety of real-life money matters: it provides financial decision-making methods, advises on consumer concerns such as buying versus renting, outlines insurance types and terminology, and discusses the financial scams that students are most likely to encounter. Reviewing the critical concepts of impulse buying and opportunity cost, the video also demonstrates how to set goals and create a budget based on the 50/30/20 plan. Highlights include graphical breakdowns of the PMI and PACED decision-making methods, maintaining wireless Internet security to avoid identity theft, and a realistic way to choose when faced with a not-so-simple yes-or-no financial decision.

Encoded with permission for digital streaming by Infobase on October 02, 2011. Learn360 is distributed by Infobase for Films for the Humanities & Sciences, Cambridge Educational, Meridian Education, and Shopware.

Decision-Making Methods (4:51) -- Setting Financial Goals (2:04) -- Budgeting: Income & Expenses (3:17) -- Understanding Insurance (3:37) -- Premiums and Deductibles (5:29) -- Buying vs. Leasing or Renting (3:24) -- Buying vs. Renting a Home (3:37) -- Consumer Rights and Scams (3:42) -- Wireless Protection (1:59) -- Identity Protection (2:36) -- Credits: Budgeting and Financial Decision-Making (1:08).