I’ve heard people talk about bull markets and bear markets. But what does it even mean? A bull market is when the stock prices keep going up for a long time, and a bear market is when the stock prices keep going down for a long time. Even though the terms bull and bear …
Introduction to FICO Score / Credit Score for Kids and Teens This video explains the concept of credit score in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about FICO score, or used as a money & personal finance resource by parents and teachers as …
What is a credit report? Credit bureaus like Equifax, Experian, and TransUnion collect information about your financial activity, employment history, etc. from banks, financial institutions and other sources, and create a report which is called a credit report. It is essentially a report card on how you manage your finances. What does a credit …
What Is LIBOR? LIBOR stands for London Interbank Offered Rate. It’s the interest rate at which major banks lend to one another for the short-term in the international market. Why is LIBOR important? LIBOR serves as a well-accepted benchmark interest rate, based on which the interest rates for many other loans are decided. This …
Heard about topline and bottomline on TV. But what do Topline and Bottomline mean? Topline is the Revenue or the gross sales of the company. Bottomline is the net profit of the company, which is calculated by adding other income to, and subtracting various expenses from the top line. The other income can be …
I keep hearing about PE on TV. But what is PE? PE is a comparison between a company’s stock price and its earning per share. It is also known as PE Ratio, price multiple or earnings multiple. How is PE calculated? It’s calculated by dividing the current stock price of a company by the …
Introduction to a Stock Index for Kids and Teens This video explains the concept of stock indices in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about stock indexes, or used as a money & personal finance resource by parents and teachers as part of …
What is a credit union? A credit union is a financial institution that is owned and operated by its members. It accepts deposits from its members and provides them loans as well as other financial services like checking and savings accounts, credit cards, etc. How do I become a member of a credit union? …
Introduction to Money for Kids and Teens This video explains the concept of money in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about money, or used as a money & personal finance resource by parents and teachers as part of a Financial Literacy course …
Part 1: What is Dollar Cost Averaging Part 2: Dollar Cost Averaging: Pros and Cons Introduction to Dollar Cost Averaging for Kids, Teens and Beginners This video explains the concept of Dollar Cost Averaging or Constant Dollar Plan in a simple, concise way for kids and beginners. It could be used by kids & teens …
