Every money term, explained in plain English. These short animated videos answer the ‘what is it and how does it work’ questions, from your first savings account to wire transfers and index funds.
Introduction to Earning, Spending, Saving and Investing for Kids and Teens This video explains the very basic concept of Earning, Spending, Saving and Investing in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about these, or used as a money & personal finance resource by …
Part 1: What is Insurance, How Does Insurance Work, How to File a Claim Part 2: Why is Insurance Important, Key Insurance Terms, Types of Insurance, How to Choose the Right Insurance Introduction to Insurance for Kids’ Financial Literacy This video explains the concept of insurance in a simple, concise way for kids and beginners. …
Introduction to Stocks vs Bonds for Kids and Teens This video provides a stocks vs bonds comparison in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about the differences and similarities between stocks and bonds, or used as a money & personal finance resource by …
Introduction to Income Tax for Kids and Teens This video explains the concept of income tax in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about taxation, or used as a money & personal finance resource by parents and teachers as part of a Financial …
Part 1: What is Compound Interest, What is Compounding, A Detailed Example Part 2: Why is Compound Interest Important, The Rule of 72 Part 3: Importance of Saving Early and the Effect of Compounding, A Detailed Example Introduction to Compounding and Compound Interest for Kids and Teens This video explains the concept of compound interest …
Introduction to Currency for Kids and Teens This video explains the concept of currency & exchange rate in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about these, or used as a money & personal finance resource by parents and teachers as part of a …
Introduction to Front Office, Middle Office and Back Office for Kids and Teens This video explains the concept of front office, middle office and back office in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about them, or used as a money & personal finance …
When I was reading about investment banks, I came across the terms buy side and sell side. But what does that mean? Buy side and sell side is a way of classifying investment banks based on the type of clients they represent, and the services they provide to those clients. Some investment banks can …
I’ve often heard people talk about credit report and credit score interchangeably. But, based on what you’ve told me, I think they are different, aren’t they? That’s right, they are related, but quite different. Your credit report contains information about your financial history and behavior, whereas your credit score summarizes these details into a …
As we’ve discussed earlier, both Conventional Mortgages and FHA Loans help us buy a home through a loan. We make a down payment, and repay the loan principal, interest, etc through monthly payments. But what are the differences between them? The main difference is in terms of credit score and minimum down payment requirements. …