11 Financial Words All Parents Should Teach Their Kids by Jennifer Ryan Woods
The following is a list of terms that experts say every kid should learn →Knowing the basics of money and finance can give you a big advantage. Find out how a little learning goes a long way toward your financial well-being.
Why Should You Care About Financial Wellness? - Dow Jones →Financial Wellness Is Critical To Your Overall Health - And Financial Literacy Is The Key by Liz Frazier
Learn more details from Liz Frazier a Fee-Only Certified Financial Planner, Author & FinLit Advocate →Financial literacy is one of the most important skills you can develop in your life, but it can often be daunting and overwhelming. There is a new free Financial Literacy course on Khan Academy. From understanding interest rates to navigating the stock market, this course breaks down complex concepts into easy-to-understand lessons that will empower you to take control of your money.
Take your finances to the next level with the practical tips and step-by-step guidance from Khan Academy →Financial resilience is the ability to withstand life events that impact one's income and/or assets.
Steps Toward Financial Resilience →Tips for Teaching Kids About Money By Anna Attkisson
Money lessons are important for kids. Here are some fun, simple ways to teach children about money →Financial literacy is the ability to understand and effectively use various financial skills, including personal financial management, budgeting, and investing. The earlier you start, the better off you will be, because education is the key to success when it comes to money.
Financial Literacy: What It Is, and Why It Is So Important →Compound interest is the interest on savings calculated on both the initial principal and the accumulated interest from previous periods.
Discover the magic of compounding and why it's important to increasing wealth →Deposit insurance protects your savings if your financial institution fails. The Canada Deposit Insurance Corporation (CDIC) automatically insures your eligible deposits. This applies to deposits held at CDIC member institutions in Canada.
Find out if your financial institution is a member of CDIC →Inflation is a persistent rise in the average level of prices over time.
Price check: Inflation in Canada →We believe financial planning should be simple, engaging and understandable for everyone.
Why is budgeting an essential personal finance tool →"Guaranteed Investment Certificates (GICs) and term deposits are secured investments. This means that you get back the amount you invest at the end of your term. The key difference between a GIC and a term deposit is the length of the term. Term deposits generally have shorter terms than GICs."
Learn about the key details before buying a GIC →← Curating the web to find the most interesting and helpful information about your money.