Skip to content

Money Concepts

Section

Money Concepts

Animated videos that explain one money idea at a time.
Browse all concepts →

get started

Money Basics

Core money ideas every beginner should understand first.

Earning & Income

How people earn money and get paid.

Spending & Budgeting

Budgeting and smart choices about spending money.

grow your money

Banking & Saving

How banks work and savings grow over time.

Borrowing & Credit

How loans, credit cards, and scores actually work.

Investing

How stocks, funds, and bonds build wealth.

plan ahead

Insurance

How insurance protects you from costly surprises.

Retirement

Saving early for a comfortable life after work.

Taxes

What taxes are and where the money goes.
Money Strategies

Section

Money Strategies

Real-world videos on putting your money to work.
Browse all strategies →

build the habit

Money Habits & Mindset

Daily habits that quietly build lasting wealth.

Earning & Side Hustles

Make extra money with side hustles and skills.

Smart Spending

Spend smarter on big purchases and choices.

Saving & Banking Smarter

Save more and outsmart your bank's fees.

grow the money

Debt & Credit

Pay off debt and build strong credit.

Investing & Building Wealth

Build real wealth with proven investing strategies.

Retirement Planning

Plan accounts and savings for a secure retirement.

Taxes & Wealth Strategy

Legal tax strategies to keep more money.

protect what you have

Healthcare & Insurance Costs

Cut healthcare costs and understand your coverage.

Avoiding Money Traps

Spot and dodge costly financial product traps.

Debunking Money Advice

Separating real money advice from viral hype.
Free Courses

Section

Free Courses

Free curated video courses, from beginner to advanced.
See all 16 courses →

Earning Income

Basics of Money

Your first tour of earning, saving, and banking.

Basics of Finance

First steps into interest, inflation, and the stock market.

Basics of Income Tax

Income types, tax returns, and why taxes matter.

Spending

Methods of Money Payment

Checks, cards, ACH, wire transfers, and direct deposit.

Saving

Basics of Banking

Banks, credit unions, accounts, checks, and ATMs.

Basics of Retirement Planning

Retirement accounts and savings, with a 401(k) deep dive.

Investing

Basics of Investing

Risk, return, diversification, and the power of compounding.

Investing in the Stock Market

Navigate stocks, ETFs, and mutual funds with confidence.

Investment Strategies

Asset allocation, rebalancing, and dollar cost averaging.

Investing in Individual Stocks

IPOs, PE ratios, and analyzing stocks like a pro.

Managing Credit

Basics of Borrowing

Loans, student loans, and mortgages made simple.

Basics of Credit Cards

Credit versus debit, and using cards wisely.

Borrowing for Your Home

Mortgages, home equity, HELOCs, and foreclosure.

Credit Score and Credit Report

What they are, why they matter, how they differ.

Managing Risk

Basics of Insurance

Get started with life, health, and auto insurance.

Financial Risk Management

Emergency funds, identity theft, bankruptcy, and wills.
Learning Resources

Section

Learning Resources

Glossary, books, infographics, and more ways to learn.

look it up

Glossary of Personal Finance Terms

Plain-English definitions for every money term you'll meet.

Kid-Friendly Infographics

Money concepts explained in a single colorful picture.

read and listen

Books for Kids & Teens

Fun books on money, investing, and banking.

Podcast

Money lessons in audio form, for learning anywhere.

take it with you

Free Downloads

Printable worksheets and activities, completely free.

Directory of Financial Literacy Resources

Trusted financial literacy resources from across the web.
For Teachers

Section

For Teachers

Classroom-ready resources aligned with national standards.
Open the teacher platform →

start here

K-12 Teacher Resources

Free videos and lessons ready for any classroom.

jump$tart pillars

Earning Income

How you earn, get paid, and taxed.

Spending

Planning and making smart everyday spending choices.

Saving

Setting money aside to reach future goals.

Investing

Growing money over time through smart investing.

Managing Credit

Using credit and debt responsibly and wisely.

Managing Risk

Protecting yourself with insurance and smart planning.
Fun Zone
About

Section

About

The story and the people behind Easy Peasy Finance.
Read our story →

The Site

About Easy Peasy Finance

The mission, the story, and the awards.

Media & Press

Features, interviews, and honors from around the world.

Get In Touch

Contact Us

Questions and ideas are always welcome.

Login

Access your free courses and track your progress.

Meet the Founder

Rishi Vamdatt

CFP® Exam Passed at Age 16

NJ Joint Legislative Resolution

NYU Certificate in Financial Planning

3× Plutus Award Winner

The award-winning teen creator behind every video, who started Easy Peasy Finance at age 8 to explain money the way he wished someone had explained it to him.

Read Rishi's Story →

Money Concepts
Money Strategies
Free Courses
Learning Resources
For Teachers
- K-12 Teacher Resources
- Jump$tart Pillars
Fun Zone
About
Login
Change Language
- HINDI
- ESP
- EN

Money Concepts
Money Strategies
Free Courses
Learning Resources
For Teachers
- K-12 Teacher Resources
- Jump$tart Pillars
Fun Zone
About
Login
Change Language
- HINDI
- ESP
- EN

Home » Money Habits & Mindset » You Need This Much Life Insurance: Rishi’s Money Tip #82

You Need This Much Life Insurance: Rishi’s Money Tip #82

YouTube player

Confused about how much life insurance you should buy?

Here’s how to determine the amount!

You may also like: Do YOU Need a Will? Rishi’s Money Tip #47

Categories Money Habits & Mindset Tags 101, Basics, Finance

What is a Money Market Fund & Should You Use One: A Simple Explanation for Kids

Renting a Home – Pros and Cons: A Simple Explanation for Kids, Teens & Beginners

Leave a Comment Cancel reply

Comment

Name Email Website

Never miss a video - get updates from Easy Peasy Finance!

Δ

Featured On

Recent Posts

ETFs vs Mutual Funds: A Complete Beginner’s Guide
403(b) Plan Explained: A Complete Beginner’s Guide
Health Savings Account (HSA) Explained for Beginners: Triple Tax Advantage
Prediction Markets Explained for Beginners: How They Really Work
FAFSA Explained for Beginners (and How to Maximize Your Aid)
High Yield Savings Account: A Beginner’s Guide to Getting 10x More Interest
What are Index Funds? A Simple Explanation for Beginners
Compound Interest Explained (and How it Can Work Against You)
Roth vs Traditional IRA Explained for Beginners: Which is Better?
Emergency Fund Explained for Beginners: How to Build it the Smart Way

Categories

Downloads (2)
Infographics (192)
Money Concepts (254)
- Banking & Saving (33)
- Borrowing & Credit (40)
- Earning & Income (6)
- Insurance (21)
- Investing (82)
- Money Basics (51)
- Retirement (7)
- Spending & Budgeting (3)
- Taxes (11)
Money Strategies (230)
- Avoiding Money Traps (14)
- Debt & Credit (17)
- Debunking Money Advice (8)
- Earning & Side Hustles (12)
- Healthcare & Insurance Costs (4)
- Investing & Building Wealth (63)
- Money Habits & Mindset (72)
- Retirement Planning (7)
- Saving & Banking Smarter (12)
- Smart Spending (12)
- Taxes & Wealth Strategy (10)
The Financial Focus (1)

Disclaimer

The information presented in our videos and on this website is for educational purpose only. We are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision. This site uses affiliate links: at no additional cost to you, we earn a commission if you click through & make a purchase.

Easy Peasy Finance is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

Quick Links

About Us
Contact Us
Privacy Policy
Attributions
Our YouTube Channel

YouTube
LinkedIn
TikTok
X
Instagram
Facebook

© 2026 Easy Peasy Finance LLC

Money Concepts
Money Strategies
Free Courses
Learning Resources
For Teachers
- K-12 Teacher Resources
- Jump$tart Pillars
Fun Zone
About
Login
Change Language
- HINDI
- ESP
- EN

Search for:

Search