■ Want less stress? More happiness? Learn how to manage your finances!
How do you make a budget? What’s an index fund? Why is compound interest so powerful? What is the time value of money? Why should you start saving now? What should credit be used for? (Hint – not pizza!)
Do you ever want to buy a house? A car?
Money and finances. It seems so complicated. But it’s really not. Discover the answers to these questions and more. Learn the basics of Financial Literacy and how to manage your money…whatever there is of it!
Educators can get a free DVD version of the video, as well as access a full teacher’s guide and other teaching resources by creating a free account at
Subject Areas:
■ Business
■ Economics
■ Family & Consumer Science
■ Mathematics
Topics:
■ Banking
■ Budgeting
■ Compound Interest
■ Financial Literacy
■ Investments
■ Money Management
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Chapters
0:00 Introduction
1:24 Income
2:47 Expenses & Budgeting
4:50 Assets & Saving
6:17 Stocks & Index Funds
8:38 Compound Interest & Time Value of Money
11:00 Debt & Liability
14:30 Conclusion
15:57 Discussion Question
Thanks
I appreciate your approach to teaching.. To my understanding this just proves how much we need an edge as investors because playing the market like everyone else just isn’t good enough, we just need to hold onto our hopes and wait to see how things turn out because market movements are almost always unpredictable. In my portfolio, I'm noticing more red than green and my retirement is edging closer by the day.
https://www.youtube.com/shorts/aM-avYxBaBs
Live below your means, but within your needs
Multiple of 10’s. 10×10=100×10=1kx10=10kx10=100kx10=1 million dollars
Anyone have idea why salary person never become rich?
From my perspective
1.They spend a lot on things they don't need it.
2. They buy things on EMI and end up paying more than the value of product.
3. They have no idea where is theirs money goes.
4. Important thing is They got taxed by their government higher( it's goes like this if you have higher salary then your lifestyle is high standard and maintain this standard in the society you become extravagant person to show off that you can afford it.
It's from my perspective add it if you think I missed something.
The person who understands how to leverage 'people ( skills and experience) 'and ' things 'he will surely going to be rich and wealthy. You gotta understand the concept of money how it works.
Very helpful video. The best way to learn about finances is to start early. A Teenager’s Guide on how to Invest Like Warren Buffett and Charlie Munger is a great resource for teenage investors.
This is one of the best financial literacy classes I've ever taken 🙂
0:30 Pittsburgh?
14:46
excellent
Thank you for a wonderful learning tool without the distraction of unnecessary background music…!
I wish you had provided a basic alphabetical, a for example [four columns X three rows] spreadsheet – a working template, reflecting a basic glossary…! As in a Microsoft Word table of: assets; debts; earnings; expenses; investments and mutual funds and such!
A visual organized worksheet would help us grasp the relational concepts…!
Very interested
Wow wonderful to hear a Nigeria calling out
This is really inspired
This is really inspired
This is really inspired
This is really inspired
Thanks for sharing this wonderful explanation
Thank you for sharing your knowledge and ability how to manage financial aspects ❤
I like to listening things regarding financial education
If we all went up to the extent that financial education is important, especially at the first school age, we would have many more qualified people.
EXCELLENT OVERVIEW OF FINANCIAL CONCEPTS.
Wow so interesting i well always be watching this so fantastic
Gabisa basa enggres
very nice
good job
7:12
👍
Nice video ever watched
Greetings from Brazil 🇧🇷 here in Brazil, unfortunately, most people are not instructed to have financial education, I myself am one of them but I am starting towards financial freedom ❤
Thank you for sharing financial advice
I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
assets is whatever creates wealth to you, not take out wealth to you! Car, House and so on are usually not assets unless the generate more income then expenses!!
owning a house is a liability
The basics of debt:
1. Don't have it.
2. See Point 1.
3. Profit. 😉
✌🏻😌Great video. We are all seeking financial independence and a better way of life. This is not difficult to achieve with savvy investing, a frugal lifestyle, and cautious budgeting. I'm glad I learned early on to work hard for financial independence. As Warren Buffet said, he has seen this happen many times in his life. Not an investor, my wife and I never earned more than a middle-class salary. We plan to get retired at 58 with a stock portfolio worth $1.7M. We have never sold so much as one share of stock…
He lost me at "Asset=car" 🤦♂️ An asset is something that MAKES YOU money. like stocks, rental property, etc. Not just something you own. A car payment is what makes most people unable to build wealth. 🙄
8:23