What is Foreclosure? Foreclosure is a legal process where your home is put up for sale by the lender. It happens when your home is used as a collateral for a mortgage, but you default and aren’t able to pay back. Then the lender can foreclose your home to recoup the remaining loan amount with …
Introduction to Automated Teller Machine or ATM for Kids and Teens This video explains the concept of Automated Teller Machine in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about ATMs, or used as a money & personal finance resource by parents and teachers as …
Introduction to Savings Account for Kids and Teens This video explains the concept of a savings 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 …
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 …
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 …
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 …
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 …
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 …
Introduction to Banks and Banking for Kids and Teens This video explains the concept of banks and banking in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about banks, or used as a money & personal finance resource by parents and teachers as part of …
Comparison: Credit Cards vs Debit Cards for Kids and Teens This video does a credit card vs debit card comparison in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about the advantages and disadvantages of each, or used as a money & personal finance resource …
