Making Good Investments

What are the advantages and disadvantages of using a credit card versus a debit card? What are the costs of using a debit card irresponsibly? Here you'll find a instructional activity on key concepts that every learner should know...

An outstanding lesson on financial literacy is here for you. Learners are presented with six scenarios, then compute the amount of savings they will have in their accounts. They complete a series of exercises designed to teach them that...

From writing and depositing checks to comparing ATM and debit cards, pupils develop financially savvy practices and build foundational knowledge of the financial service products available through banking institutions. 

Can a bank issue endless loans and checking accounts without regard to the amount of money within its walls? Sal addresses this question throughout the lecture, where he introduces the concept of bank regulations - specifically reserve...

Using his example of a growing village bank, Sal (the narrator) explains the ins and outs of the banking business, mostly from the perspective of the banker. This point of view can be helpful for people who see the bank as an institution...

Addressing the concept of reserve ratios, Sal outlines the necessity and purpose of regulating the reserves within the banking system. He describes how an ideal banking system stays liquid, whereas a chaotic banking system might...

Why carry around a heavy suitcase full of gold when you can write a check to your neighbor in the village? Sal's village banks flourishes in this video with the introduction of checks, demonstrating how a check essentially works. While...

Going deeper into the concept of the Federal Funds Rate, this video guides viewers through the process of inter-bank lending, much like the previous video (Banking 14). Sal's easygoing approach is simple to understand and fun to watch.

Posing a central question about how the economy can increase or decrease its money supply (5:00), Sal launches into a discussion about an expanding, or "elastic" money supply that can change along with its economy. Viewers will finally...

If money was left in an interest-earning account for 1,000 years, how much would it increase? Viewers watch a clip from a show about the future when someone learns about their balance after 1,000 years. Then, they solve for the amount in...