Introduction to a Bank Account for Kids and Teens This video explains the concept of a bank account in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about bank accounts, or used as a money & personal finance resource by parents and teachers as part …
One of the best times financially is when you’re in your 20s – you’re likely not married, don’t have a mortgage or other obligations, and your job is probably the least demanding it will ever be. If you take advantage of this time, you’ll be very well off in the future, but if you waste …
If I want to invest in stocks, should I invest directly in individual stocks, or use equity mutual funds instead? And what factors should I consider when making my choice? The biggest factor to consider is diversification. If you invest directly in stocks, you would invest in 5, 10, maybe 20 individual stocks at most. …
Part 1: What is a 401k Account, Contribution Limits, Advantages and Disadvantages Part 2: 401k Account Employer Match / Contribution and Vesting Schedule Introduction to 401k Account for Kids and Teens This video explains the concept of a 401k Account in a simple, concise way for kids and beginners. It could be used by kids …
Want to learn some interesting facts about US dollar bills? You’ve come to the right place. And stick around till the end for an extra special fact about the number 13 in dollar bills. Let’s begin. #1: Large Bills There was a time when the US produced $500, $1,000, $5,000, $10,000, and even 100,000 dollar …
When we discussed student loans, you mentioned federal and private student loans. But what is a Federal Student Loan? Federal student loans are funded by the federal government. They have a fixed rate of interest, and their terms and conditions are set by law. Students with a financial need may even qualify for a subsidized …
Introduction to Student Loans for Kids and Teens This video explains the concept of a student loan in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about student loans, or used as a money & personal finance resource by parents and teachers as part of …
What is an IPO? An IPO, or Initial Public Offering, is a process through which a private company hires an investment bank to sell its stock to the general public for the first time. After an IPO, the stock gets listed on a stock exchange so that it can be bought and sold like any …
Personal Finance Education and Financial Literacy for Kids & Teens is Critical – Here’s Why Did you know? 50% of American households live paycheck to paycheck 44% of Americans don’t have enough cash to cover a $400 emergency expense The average American household’s credit card debt is $5,700 A third of Americans have saved nothing …
Introduction to Banker’s or Cashier’s Check for Kids and Teens This video explains the concept of Cashier’s Check in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about banker’s check, or used as a money & personal finance resource by parents and teachers as part …
