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 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 …
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 …
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 …
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 …
Introduction to the Stock Market for Kids and Teens This video explains the concept of stock markets in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about equity markets, or used as a money & personal finance resource by parents and teachers as part of …
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 …
Introduction to a Bank Check for Kids and Teens This video explains the concept of checks in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about a check (or cheque), or used as a money & personal finance resource by parents and teachers as part …
Introduction to Earning, Spending, Saving and Investing for Kids and Teens This video explains the very basic concept of Earning, Spending, Saving and Investing in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about these, or used as a money & personal finance resource by …