ETFs vs Mutual Funds Comparison for Kids and Teens This video evaluates Exchange Traded Funds vs Mutual Funds in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about ETFs vs MFs, or used as a money & personal finance resource by parents and teachers as …
Introduction to Bonds for Kids and Teens This video explains the concept of bonds in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about investing in bonds, or used as a money & personal finance resource by parents and teachers as part of a Financial …
Introduction to Assets and Liabilities for Kids and Teens This video explains the concept of assets and liabilities in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about assets & liabilities, or used as a money & personal finance resource by parents and teachers as …
Quiz: Credit Scores and Credit Reports Lenders judge you by a number most people do not understand. See how well you understand scores, reports, and what moves them. 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 …
Bonds aren’t all bad – they are liquid, may appreciate enough to cover inflation, and are not a very risky investment. However, since they aren’t very risky, they also don’t deliver as competitive returns as other investments. Don’t get me wrong, bonds may be good to stabilize some portfolios – but I believe they don’t …
Quiz: Mortgages and Buying a Home A home is the largest purchase most people make, and the most borrowed for. See how well you understand mortgages, down payments, and renting versus buying. As we’ve discussed earlier, both Conventional Mortgages and FHA Loans help us buy a home through a loan. We make a down payment, …
Quiz: Loans and Borrowing Basics Borrowing can be a useful tool or a costly trap. Test your grasp of debt, APR, and smart borrowing. We have talked about home equity loan and home equity Line of Credit or HELOC in the past. But can you please quickly summarize these for me? Both home equity loan …
What is Home Equity? Home equity is based on the fact that even if your home is in your name, you don’t really own 100% of it if you have borrowed money to buy it and are still repaying the mortgage. Home equity is the portion of your home that you truly own. Can you …
Quiz: Credit vs Debit Cards Credit card or debit card – do you know which to use and when? Test your knowledge of how each one works with this short, practical quiz. We’ve talked about credit cards before, but recently I heard about a virtual credit card. What is that? A virtual credit card is …
We’ve talked about banks. But I recently read about an investment bank. But What is an investment bank anyway? An investment bank is a specialized type of bank that performs large and complex financial transactions, usually for other companies or governments. What does an investment bank do? An investment bank helps companies raise money by …
