Thursday, October 22, 2015

Talking To Kids About Money

http://www.cbsnews.com/videos/teaching-kids-about-money/

My parents haven't even talked too me about money! There is a website called EverFi and it introduces people into the world of money. There is a module about Savings and there is a lot of stuff covered in it. It covers interest which is the fee someone pays to be able to borrow money, budget which is a plan of how you will spend the money that you make or receive, income which is a financial gain,  interest rate which is a percentage of money the bank gives you for you choosing their bank, compound interest which is Interest that is generated not only from the money you put into an account but also from the interest you make on that money, and more!! 

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