Videos aligned with the “Financial Decision Making” standard from the Jump$tart National Standards in K-12 Personal Finance Education.
Overall Competency: Apply reliable information and systematic decision making to personal financial decisions.
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 …
Read More5 Money Mistakes to avoid in Your 20s and How to Fix Them
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 for retirement 80% of Americans’ retirement plan is to keep working Sources: MarketWatch, Money, Employee …
Read More7 Reasons ALL Kids Must Learn Personal Finance
Howdy Wall St. Willy! All this Halloween spooky stuff is making me think about death. So, what will happen to all of my stuff if I die? Well, you can always have a will. What is a will? A will is a document that your write which states all the people who will get your …
Read MoreWhat is a Will? Succession Planning or Estate Planning Basics
Howdy Wall St. Willy! Some time ago we talked about income tax and you said that income tax is paid based on the amount of money that you earn. But how does the government know how much I have earned and how much income tax I need to pay? The government knows that because you …
Read MoreWhat is Filing an Income Tax Return?
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?
Howdy Wall Street Willy. I heard my parents talk about Income Tax. But what is income tax anyway? Well, income tax is tax that you pay on the money that you earn. Well, does everyone pay the same amount of income tax? No, they don’t because there are different tax brackets. Which means that …
I’ve often heard people talk about credit report and credit score interchangeably. But, based on what you’ve told me, I think they are different, aren’t they? That’s right, they are related, but quite different. Your credit report contains information about your financial history and behavior, whereas your credit score summarizes these details into a …
Read MoreComparison: Credit Report vs Credit Score
We’ve talked about the importance of periodically reviewing our credit report. But is there a way to get a copy of my credit report for free? Each credit bureau offers your credit report for a small fee, but yes, you can also get a copy of your credit report totally free through other avenues. …
Read MoreHow to Get a Free Credit Report
