WEBVTT 1 00:00:12.000 --> 00:00:15.999 There are a lot of small choices that we make with our money each day. 2 00:00:16.000 --> 00:00:19.999 But every once and awhile we come across a big, monster decision, 3 00:00:20.000 --> 00:00:23.999 one that can have a huge effect on our money, in the short and long term. 4 00:00:24.000 --> 00:00:27.999 Decisions such as where we live and whether to rent or to own a house, 5 00:00:28.000 --> 00:00:31.999 what kind of transportation we need to buy, whether or not we need insurance... 6 00:00:32.000 --> 00:00:34.999 ...and how much we want to invest in the future. 7 00:00:35.000 --> 00:00:39.999 Since we don't always know what the best choices are, and we don't want to risk our own money, 8 00:00:40.000 --> 00:00:43.999 we're going to play around with someone else's money decisions: 9 00:00:44.000 --> 00:00:47.999 We'll be taking you through a day in the life of Ms. A and Mr. B, 10 00:00:48.000 --> 00:00:54.999 as they try to make the best possible choices with their money: today, tomorrow and for all the moments in between. 11 00:00:55.000 --> 00:00:59.999 It'll be your job to make sure that they're making the right decisions based on their needs. 12 00:01:00.000 --> 00:01:03.999 And along the way, you'll learn how to make the same choices for yourself, 13 00:01:04.000 --> 00:01:07.999 if and when you ever need to buy a house, get a car, start investing, 14 00:01:08.000 --> 00:01:12.999 save for retirement or make sure you're protected against the unexpected. 15 00:01:13.000 --> 00:01:16.999 We're going to take a look at a Financial Life in the making. This includes: 16 00:01:17.000 --> 00:01:20.999 MONEY CHOICES FOR TODAY: Such as housing and transportation; 17 00:01:21.000 --> 00:01:26.999 MONEY CHOICES FOR THE JUST IN CASE: This means emergency savings and insurance; 18 00:01:27.000 --> 00:01:31.999 MONEY CHOICES FOR TOMORROW: This is about investing and building wealth. 19 00:01:32.000 --> 00:01:36.999 It'll be your job to guide Ms. A and Mr. B towards the best decisions for them, 20 00:01:37.000 --> 00:01:40.999 so pay attention to all the options as we go through the course. 21 00:01:41.000 --> 00:01:45.999 And it'll be good practice for making the best decisions for yourself in the future, too.