Knowing the terms is step one. These videos show you what to actually do with your money, from building real wealth to dodging costly traps and cutting your bills.
Interactive Learning Experience: Compound Interest Calculator See how your money grows over time. Enter what you start with, what you add each month, how long you plan to invest, and the interest rate, then watch the chart build year by year. The calculator splits your final balance into the money you put in, and the interest …
Interactive Learning Experience: The Tax Timing Machine Roth and Traditional IRAs hold the same investments and grow at the same rate, so the whole question is when you pay the tax. Set your tax rate today and the rate you expect in retirement, and watch the two after-tax balances trade places. A second mode runs …
Interactive Learning Experience: The Bare-Bones Builder Every monthly expense starts in one pile at the top. Drag each one into Survival or Nice-to-have (editing the amounts to match your own life if you want), and two emergency fund targets grow side by side. One is the number most people calculate from their whole budget, and …
Infographic: Trump Account Explained – When is it Really a Good Deal? Trump Accounts Explained The government is giving your child a free $1,000 through the Trump Account – but if you plan to use it for college, you could cost your child $5,000! I passed the CFP® exam at 16 and have helped millions …
YouTubers Keep Giving Bad Money Advice YouTubers keep telling you to invest in real estate, crypto, and their favorite stocks – but that advice is actually making your financial situation worse, not better. Having millions of followers doesn’t necessarily mean they know how to build wealth. And the strategies that made them richer could actively …
Interactive Learning Experience: Where Does the Next Dollar Go You have money left over each month and five places it could go. Drag them into the order you would fund them, and watch five years play out as the money runs down your list. Some runs hit you with a job loss and some do not, …
Infographic: Are You Walking Away From Your Employer’s Free Money? 401k Employer Match Explained (And the Traps to Avoid) Imagine your employer gives you $256,000 in free money, and you lose every single penny without doing anything wrong. All because you missed this one thing buried in the fine print that gives your employer the …
Interactive Learning Experience: The Checkout Experiment Eight weeks of shopping, one thing a week, on a fixed amount of spending money. Every item can be paid for today or split into four payments. Buy what you like. Then look at the calendar of every payment you signed up for and find out which weeks you …
Interactive Learning Experience: Beat the Market Twenty years, one decision each year: buy the index fund, or pick five stocks. Your money is tracked against what you would have had by simply holding the index the whole way. At the end, replay your exact strategy a thousand times with a single button click to see where …
Infographic: Fact Checking Rich Dad Poor Dad Rich Dad Poor Dad: Genius or Bad Advice? When I first read Rich Dad Poor Dad, I was hooked. The advice is genius on the surface: who doesn’t want to earn money while they sleep? But the more I learned about actual financial planning, the more I noticed …
