Introduction to Checking Account for Kids and Teens This video explains the concept of a Checking Account in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about it, or used as a money & personal finance resource by parents and teachers as part of a …
Read MoreWhat is a Checking Account? A Simple Explanation for Kids, Teens and Beginners
Sometime ago, we talked about assets and liabilities when we discussed Net Worth. But can we discuss it in a little more detail now? Sure we can! Assets are things that you own, and can be sold to get money. And liabilities are things that you owe someone. Can you give me some examples …
Read MoreWhat are Assets and Liabilities?
Introduction to Debit Card for Kids and Teens This video explains the concept of a debit card in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about debit cards, or used as a money & personal finance resource by parents and teachers as part of …
Read MoreWhat is a Debit Card? A Simple Explanation for Kids, Teens and Beginners
You already told me what a checking account is and what a saving account is. But what is the difference? Well, what kind of difference do you want to learn about? How do you go about taking money out of the checking or savings account using an ATM, or moving money from the account …
Read MoreComparison: Checking Account vs Savings Account
We’ve talked about debit cards earlier. But can kids have their own debit cards? Generally, you have to be at least 18 years old to have your own debit card. But there are special debit cards that are meant for kids, which have lower age restrictions – as low as 6 years old. And …
Read MoreKids’ Debit Cards – Special Debit Cards for Kids
What is a commodity? A commodity is a raw material or a product that has investment value and can easily be bought and sold. Some examples of commodities are oil, natural gas, precious metals like gold, etc. How can I invest in commodities? There are 3 main ways to invest in commodities. One, you …
Read MoreWhat are Commodities and Commodity Investment?
What is check cashing? Check cashing is a service through which you can get money from the checks given to you, even if you don’t have a bank account. Check cashing services can also provide short-term loans, sell prepaid cards, etc. Where is check cashing done? There are many physical locations where you can …
Read MoreWhat is Check Cashing or Cashing of Check / Cheque?
We have talked about what identity theft is, and why it is bad. But what should I do if I am a victim of ID theft? As soon as you find out that you are a victim of identity theft, you need to take a few immediate steps. First, call the fraud department of …
Read MoreWhat to do if You Are a Victim of Identity Theft / ID Theft?
When we talked about credit report, you said I should review it periodically. But why do I need to review my credit report? You need to review your credit report because any incorrect information on your credit report can negatively impact your loan applications, like a mortgage, and credit card applications. Also, reviewing your …
Read MoreHow to Review Your Credit Report?
Recently, I read about identity theft. But what exactly is identity theft? Identity theft or ID theft is when someone steals your personal or financial information and uses it to commit fraud, in your name. What kind or fraud? Why is identity theft so bad? ID theft can have a huge financial impact, since …
Read MoreWhat is Identity Theft?
