Infographic: What is a Checking Account?
A quick overview of checking accounts for kids, teens and beginners. For the full video, please visit: What is a Checking Account? A Simple Explanation for Kids, Teens and Beginners Download Infographic
Payment
Infographic: Credit Card vs Debit Card
A quick comparison of credit cards and debit cards for kids, teens and beginners. For the full video, please visit: Comparison: Credit Cards vs Debit Cards Download Infographic
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
Infographic: What is a Debit Card?
A quick overview of debit cards for kids, teens and beginners. For the full video, please visit: What is a Debit Card? A Simple Explanation for Kids, Teens and Beginners Download Infographic
What is a Currency Exchange – A Super Simple Explanation
What is a currency exchange? A currency exchange is a place where you can exchange one currency for another. For example, you could visit a currency exchange to exchange US dollars for Euros. Why would I use a currency exchange? When you’re traveling, you may be visiting a country whose local currency may be different …
5 Money Mistakes to avoid in Your 20s and How to Fix Them
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 …
What is Cashier’s Check or Banker’s Check? A Simple Explanation for Kids & Beginners
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 …
What is a Money Order?
Howdy Wall St. Willy! Sometime ago I heard about a Money Order, but what is money order anyway? A money order is a payment ordered for a specific amount of money. Funds are prepaid to the issuer by the person buying the money order. Well, why do I need a money order? A seller may insist …
What is Foreclosure and How Can You Prevent It?
What is Foreclosure? Foreclosure is a legal process where your home is put up for sale by the lender. It happens when your home is used as a collateral for a mortgage, but you default and aren’t able to pay back. Then the lender can foreclose your home to recoup the remaining loan amount with …
What is Down Payment for Mortgage?
Howdy Wall St. Willy! My friend went to get a mortgage to buy a house but the bank that was lending the money to him asked for a down payment. So, what is a down payment anyway? A down payment is money that you pay upfront when you take a loan. For example, you usually …
