Infographic: What is a Credit Card?
A quick overview of credit cards for kids, teens and beginners. For the full video, please visit: What is a Credit Card? A Simple Explanation for Kids, Teens and Beginners Download Infographic
Interest
What is a Loan? A Simple Explanation of Borrowing for Kids, Teens and Beginners
Introduction to Borrowing and Loans for Kids and Teens This video explains the concept of a loan in a simple, concise way for kids and beginners. It could be used by kids & teens to learn about loans, or used as a money & personal finance resource by parents and teachers as part of a …
What is a Bank Account? A Super Simple Explanation for Kids, Teens and Students
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 …
Comparison: Federal Student Loans vs Private Student Loans
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 …
What is a Student Loan? A Simple Explanation for Kids, Teens and Beginners
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 …
Comparison: Coupon Rate vs Yield for a Bond
Howdy Wall St. Willy! We talked about Coupon and Yield of a bond separately, but what’s the difference between the two of them anyway? Coupon or coupon rate is the rate of interest paid by the bond issuer. It is expressed as a percentage of the face value or the par value of the bond. …
What is Yield for Bonds?
Howdy Wall St. Willy! Sometime ago we talked about coupon and when we talked about that you said something about yield. But what is yield anyway? Yield is the rate of return you can get from making an investment in a bond at the current price. It’s expressed as a percentage just like interest rates. …
What is a Certificate of Deposit or CD?
Howdy Wall St. Willy! I heard that interest rates in CDs are low lately. But what is a CD anyway? Well, a CD is a Certificate of Deposit. It is a place where you keep your money to get interest from the bank that you kept it in for the amount of money that you …
What is Coupon or Coupon Rate of Bonds?
Howdy Wall St. Willy! Sometime ago, I heard about a coupon that’s related to investing, but is it like a store coupon? What is it anyway? A coupon is the amount of interest a bond issuer pays periodically to the bond holder. Coupon or coupon rate is expressed as a percentage of the face value …
Comparison: Mortgage Interest Rate – Fixed vs Floating / Adjustable (ARM)
Howdy Wall St. Willy! Earlier you talked to me about a mortgage. But I want to know about the different kinds of interest on a mortgage. Can you tell me about that? Of course, I can. The different types of interest for a mortgage are mainly fixed interest or floating interest. Floating interest is also …
