Paying For Healthcare – Using FSA, HSA, and HRA Healthcare is expensive – very expensive. Struggling with healthcare costs is one of the biggest sources of financial, and mental, stress for tens of millions of people every year. However, there are some arrangements that can make the “sting” of healthcare costs a little easier to Read More…
Understanding Individual Retirement Arrangements (IRA) Planning for retirement is a life-long concern. Because of the power of Compound Interest, saving just $60 per month after you turn 18 can grow to be worth more than $1,000,000 by the time you retire1 – even though you would have only actually saved $36,000 in cash. Everybody wins Read More…
Introduction to Oligopoly
ClimbUSA – What causes an economic recession?
Improving Your Account Security Having advanced protection keeps your finances safe and secure. Increase your level of protection and move your security meter higher by learning measures to keep your account secure! Get Started! 1 Strengthen Your Password How to create a strong password Having a strong password and changing it frequently is a powerful Read More…
Home Maintenance 101: A Guide for First-Time Homeowners Owning a home is a big responsibility, and keeping up with maintenance will save you time, money, and stress in the long run. The key is to keep your home in top shape, prevent costly repairs, and ensure your space stays safe and comfortable. 1. Maintaining Appliances Read More…
Understanding Property Taxes: A Homeowner’s Guide If you are looking to purchase a home off -boundary it is important to understand Property Taxes (also known as land taxes). These taxes help fund essential community services, and failing to pay them can lead to serious consequences. In this lesson, we’ll cover: By understanding property taxes, you Read More…
How Your Minor’s Trust Fund is Managed Understanding the EBCI Minor’s Trust Fund The EBCI Minor’s Trust Fund is a financial resource for enrolled members of the Eastern Band of Cherokee Indians (EBCI), funded by per capita distributions from gaming revenue. Management of the Minor’s Trust Fund The Minor’s Trust Fund is overseen by the Read More…
How to Buy a Home: A Guide for First-Time Homebuyers Buying a home is one of the biggest financial decisions you’ll make. It can feel overwhelming, but breaking the process into steps makes it easier to navigate. In this lesson, we’ll cover: By the end, you’ll have a solid understanding of how to confidently buy Read More…
Inversión 101 – Cuestionario final de vocabulario Complete el cuestionario final de vocabulario.Haga clic en “CONTINUAR CON EL EXAMEN” para comenzar el examen de este capítulo. Continue To Final Exam
Este es un contrato de arrendamiento de muestra, con todos los términos normalmente incluidos excepto el costo base del alquiler. Condiciones del Arrendamiento DISFRUTE PACÍFICO: El Inquilino tendrá derecho al disfrute pacífico del Inmueble y el Arrendador no interferirá con este derecho, siempre que pague la renta puntualmente y cumpla con todas las demás obligaciones Read More…
Resumen de Impuestos Los impuestos están presentes en todas partes y son esenciales para el funcionamiento del mundo moderno. Para sus finanzas personales, los impuestos también juegan un papel fundamental en la toma de decisiones financieras. Si bien tenemos lecciones que cubren la mayoría de los tipos de impuestos principales en detalle, para comenzar, queremos Read More…
Gestión de Crédito – Evaluación de Unidad
Ingresos e impuestos – Evaluación de la unidad
Mercados de criptomonedas por TradingView
Evaluación de la unidad de toma de decisiones financieras
Inversión para principiantes El concepto de inversión es simple: invertir tus ahorros para que crezcan con el tiempo. Invertir aprovecha la idea de la capitalización para generar riqueza. Por ejemplo, si ahorras $50 al mes durante 10 años en efectivo, habrás ahorrado $6,000. Sin embargo, si inviertes esos $50 al mes y obtienes una rentabilidad Read More…
Stock Evaluadora Buscador de acciones by TradingView
Inversión para principiantes – Evaluación de la unidad
Glosario financiero 1040 The base form to file federal income taxes in the United States. It may be supplemented with additional forms for complex tax returns. 1099 A form provided to contractors to report their income in the United States. 10-K An annual report containing audited financial statements for publicly traded companies. This form is Read More…
Inversión Intermedia Una vez que conozca los fundamentos de la inversión (qué es una acción, cómo consultar cotizaciones y otros conceptos básicos), puede empezar a pensar en crear una cartera, lo que implica comprender qué significa diversificar y cómo desarrollar una estrategia de inversión. Esta unidad presentará los ETF y los fondos mutuos: paquetes de Read More…
Evaluación de la unidad de inversión intermedia
Centro de Carreras Todo estudiante debería considerar buscar trabajo antes de graduarse. El Centro de Carreras está aquí para ayudarte a encontrar trabajo. Encuentra ofertas de empleo, obtén certificaciones para mejorar tu currículum, despierta el interés de posibles empleadores y obtén información valiosa para convertirte en el mejor candidato posible.
Desarrollo Profesional Hay una gran diferencia entre conseguir un trabajo y comenzar una carrera, y va más allá del salario. El camino hacia el Desarrollo Profesional se basa en definir tus metas. Necesitas comprender qué acciones puedes tomar para abrirte camino hacia el futuro y construir un camino que te lleve desde donde estás hoy Read More…
Contratos de Alquiler y Comunidades de Propietarios Al alquilar un apartamento o una casa, lo que puede hacer con su nuevo hogar está determinado por su Contrato de Arrendamiento. Este contrato especifica no solo el alquiler que paga, sino también muchas otras restricciones sobre qué puede hacer, cuándo y cómo puede su arrendador exigir su Read More…
Testamentos Simples y Vitales Cuando una persona fallece, alguien recibe sus bienes. Desafortunadamente, determinar quiénes son los herederos puede ser bastante complicado. Si bien cada estado cuenta con leyes que rigen la distribución de los bienes de una persona en caso de fallecimiento, puede ser un proceso complejo para todos los involucrados y tomar meses, Read More…
Derechos y responsabilidades del empleador y del empleado Al empezar tu primer trabajo, lo primero que importa a todos es el salario (o tarifa por hora). ¿Cuánto dinero ganarás? Te sorprenderá saber que esta cifra es solo una pequeña parte del paquete de compensación total que ofrecen la mayoría de los empleadores. Empleados versus contratistas Read More…
Donaciones caritativas Reservar dinero para donaciones benéficas es fundamental en cualquier presupuesto o plan de gastos. Las organizaciones benéficas son esenciales para ayudar a las personas necesitadas y no pueden funcionar sin contribuciones regulares del público. Tipos de donaciones benéficas Las donaciones benéficas se presentan de diversas maneras, pero el concepto esencial es que se Read More…
Financial Life Simulation Feedback Now that you are almost to the end of the game, we’d like your feedback! Fill out the short survey below to continue.
Budgeting and estimating expected expenses Your guide to creating a budget plan Most people need some way of seeing where their money is going each month. Budgeting can help you feel more in control of your finances and make it easier to save money for your goals. The trick is to figure out a way Read More…
6 simple steps to jump-start your emergency fund Saving several months’ worth of living expenses for an emergency fund can be intimidating, especially when it feels like all of your available cash is already accounted for, each month. If your monthly living expenses came to $2,000, for example, it would take time to save $6,000, Read More…
Getting Out of Debt: Debt Snowball and Debt Avalanche Most financial literacy topics are dedicated to helping you stay out of debt and build wealth – but what do you do if you already find yourself deep in debt with no obvious way out? This is where accelerated debt repayment strategies can come into play Read More…
What are Cryptocurrencies? Cryptocurrencies come in many shapes and sizes. Some of them are designed to be like a form of “digital gold”, like Bitcoin. Others, like Ethereum are designed to be programable money. There are many different use cases for these “digital assets”. In general, cryptocurrencies are a form of digital money that is Read More…
Should You Rent or Should You Buy? For many people, owning a home is the epitome of the American dream. Home ownership has long been a hallmark of financial stability, and the single largest component of many people’s net worth. But over the last few decades, home ownership has seemed more and more out of Read More…
Can You Afford To Buy That House? Buying a home – a long-time cornerstone of personal finance. Buying a home is a huge milestone in anyone’s financial life, but the math behind the transaction can be daunting. In fact, for the average consumer, the purchase of their home is an entirely unique type of financial Read More…
Limits and Logs – Personalized Spending and Saving Much of personal finance is focused on long-term thinking: building your budget so you can save up enough money to live a lifestyle you want, and retire comfortably. But for each individual person, “a lifestyle you want” and “retire comfortably” can mean very different things. At the Read More…
What Will Your Investments Be Worth? How Today’s Investments Shape Tomorrow’s Wealth Future Value (FV) is a financial concept that predicts how much an investment today will grow by a specific point in the future, based on a certain interest rate. For individuals and companies alike, FV is instrumental in long-term planning, from saving for Read More…
How To Save Money on Your Next Trip Imagine you’re planning a dream vacation. Perhaps a senior trip after graduation. You might spend days researching flights, hotels, and car rentals to find the best deals. Now, think about how much time you spend planning your financial future—probably not as much, right? Yet, both require strategic Read More…
What Your Spending Data Says About You What Are Discretionary Expenses? Discretionary expenses are non-essential purchases— wants, things we buy for enjoyment, convenience, or fun. Examples include entertainment, dining out, or the latest tech gadgets. In contrast, needs are essential for survival: food, housing, utilities, and healthcare. Knowing the difference between needs and wants is Read More…
Compound Interest Calculator The first thing to consider with all personal finance is the idea of compound interest! This is what separates the “Piggy Bank” savers from the Warren Buffets; making use of interest compounding is how you can really make your savings grow! If you have already used our Investment Return Calculator, you can Read More…
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Sector and Industry Explorer When looking to compare stocks, it can be tempting to just pick any two companies and try to see which one will perform better. But real investors know that you can only make apples-to-apples comparisons between companies that compete with each other – in the same “Sector” or “Industry”. This tool Read More…
Managing Your Apartment The first option you had in the game was to choose where to live: This does not just impact the bills you need to pay and your Quality of Life score – you can actually visit your apartment and kit it out with your favorite decor too! You can visit your Apartment Read More…
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Unrealized Gains The value increase from an investment from when it was purchased until today, but the stock is not yet sold. Unrealized gains are not recorded as revenue by a business or taxed.
Savings & Loan A type of financial institution that specializes in savings accounts and home mortgage lending. Savings & Loans are required by law to have the vast majority of its assets in mortgage loans. As other types of loans and investment vehicles became more profitable, fewer of Savings & Loan institutions still exist. Related Read More…
International Trade The engagement of multiple countries in exchanging goods and services across borders.
Accountant A licensed professional who prepares financial statements, assists people with filing their taxes, and / or conducts financial investigations. Accountants are certified professionals that need to obtain both advanced degrees and professional designations to maintain their role. Related Lessons
Available Cryptos Our platform supports virtual trading of 100 different cryptocurrencies trading on the Coinbase exchange. This list updates every semester. The list of currently-available cryptocurrencies is below: Symbol – Name
This lesson was made possible thanks to Pacific Life Insurance Company What can you do to make sure you are prepared when you are ready to retire? Here are some programs to take advantage of that will help you save for that day. What are the different sources of retirement income and how can you Read More…
This lesson was made possible thanks to Pacific Life Insurance Company If you look up an “Annuity” in the dictionary, it means “fixed payments”. But when it comes to personal finance and investing, “Annuity” refers to a specific type of investment product that is a common part of retirement portfolios. This lesson is about annuities Read More…
Workplace Benefits This lesson was made possible thanks to Pacific Life Insurance Company When you start looking for a job, one of the first questions you will have when browsing job listings is “how much does this pay”? Starting salary or hourly pay is, of course, an important factor when considering a position, but is Read More…
This lesson was made possible thanks to Pacific Life Insurance Company What is Disability Insurance? Disability Insurance is insurance that provides benefits to the insured person if they experience an injury or illness that prevents them from working for an extended period of time. It typically pays 50% – 70% of your pre-disability wage, or Read More…
Term Life Insurance – What You Need To Know This lesson was made possible thanks to Pacific Life Insurance Company Whole, Endowment, Term – there are many types of Life Insurance on the market. But most financial advisors will give you the same mantra – “Buy Term and Invest The Rest”. But what does that Read More…
Don’t Let Disability Derail Your Finances Most people overestimate the cost and underestimate the need for disability insurance. Many people live paycheck to paycheck and lack any significant real savings. They don’t have robust rainy day or emergency funds to cover the cost of an unexpected expense. In fact, loss of income and medical expenses Read More…
What Benefits to Look for in a Job Offer When you start looking for a job, one of the first questions you will have when browsing job listings is “how much does this pay”? Starting salary or hourly pay is, of course, an important factor when considering a position, but is very far from the Read More…
Is an Annuity Right for You? If you look up “Annuity” in the dictionary, it says “a fixed sum of money paid to someone each year, typically for life.” But when it comes to personal finance and investing, “annuity” refers to a financial product that can offer protected lifetime income and even potentially grow your Read More…
How to Research & Compare Stocks When you first set out to build a portfolio, it can be overwhelming to choose your first stock. In this activity, we will walk through conducting some basic research on a company you find interesting, and learn how to compare it against another company in the same sector to Read More…
Basic Research and Comparing Stocks When you first set out to build a portfolio, it can be overwhelming to choose your first stock! In this activity, we will walk through conducting some basic research on a company you find interesting, and learn how to compare it against another company in the same sector to determine Read More…
Unit Introduction – Canadian Personal Finance This unit specifically covers financial literacy topics in Canada. While most lessons cover all countries equally well, some specifics (like filing taxes and retirement planning) refer to specific laws or regulations in Canada, differing from our US material.
A Guide to Retiring in Canada Embarking on a journey towards retirement in Canada requires careful consideration and proactive financial strategies. In this guide, we will explore various elements of retirement planning in Canada, offering insights into pension programs, savings options, and employer-assisted plans. Old Age Security Pension (OAS) The Old Age Security (OAS) pension Read More…
The Basics of Filing Taxes in Canada What is income tax? Income tax is the tax you pay on your income, typically deducted directly from your paycheque. Every individual who earns income in Canada is obligated to pay income tax. Income encompasses more than just employment wages and salaries. If you receive rental income from Read More…
How Bankruptcy Ruins Your Credit If you find yourself significantly behind on your bills and all other attempts to manage debt have proven futile, the last resort is declaring bankruptcy. What is Bankruptcy? Bankruptcy is a legally mandated process of forced debt settlement. When an individual declares bankruptcy in Canada, the court convenes all unsecured Read More…
Available Cryptocurrencies Our platform supports trading 100 different cryptocurrencies. Our available cryptos are updated typically twice per year based on the top 100 cryptos by market cap. This is the list of our current offerings (updated November 2023). Name Symbol Name Symbol Bitcoin BTC UNUS SED LEO LEO Ethereum ETH Cosmos ATOM Tether USDt USDT Read More…
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Fall 2023FinancialLiteracyChallenge! cache Nation-Wide investing and budgeting contest for schools Budget Game Stock Game Lessons Financial Literacy Challenge Registration is now open! Challenge Dates October 1 – November 17, 2023 4 Interactive & Fun Features Personal Budget Game Stock Game Built-in Lessons & Pop Quizzes Student & Teacher Prizes Student Prizes 10 10 students from Read More…
Fall 2023FinancialLiteracyChallenge National budgeting and investing contest for schools! Budget Game Stock Game Lessons Financial Literacy Challenge Registration is now open! Challenge Dates October 1 – November 17, 2023 4 Interactive & Fun Features Personal Budget Game Stock Game Built-in Lessons & Pop Quizzes Student & Teacher Prizes Student Prizes 10 10 students from each Read More…
With more Americans at home and online than ever before, people are increasingly using technology to work, shop and connect socially. However, this new digital reality also provides fraudsters with fresh opportunities to target you. Scams are on the rise, as sophisticated criminals try to capitalize on our changed circumstances. Fortunately, you can protect your Read More…
With more Americans at home and online than ever before, people are increasingly using technology to work, shop and connect socially. However, this new digital reality also provides fraudsters with fresh opportunities to target you. Scams are on the rise, as sophisticated criminals try to capitalize on our changed circumstances. Fortunately, you can protect your Read More…
With more Americans at home and online than ever before, people are increasingly using technology to work, shop and connect socially. However, this new digital reality also provides fraudsters with fresh opportunities to target you. Scams are on the rise, as sophisticated criminals try to capitalize on our changed circumstances. Fortunately, you can protect your Read More…
As a student, you have many responsibilities such as studying for exams, holding down a part-time job and handling at least some of your own finances. While you’re doing all this, con artists may also be trying to separate you from your cash. Scammers know students often have hectic schedules and may be new to Read More…
As a student, you have many responsibilities such as studying for exams, holding down a part-time job and handling at least some of your own finances. While you’re doing all this, con artists may also be trying to separate you from your cash. Scammers know students often have hectic schedules and may be new to Read More…
As a student, you have many responsibilities such as studying for exams, holding down a part-time job and handling at least some of your own finances. While you’re doing all this, con artists may also be trying to separate you from your cash. Scammers know students often have hectic schedules and may be new to Read More…
Career Center Every student should be thinking about getting a job before they graduate. The Career Center is here to help you find a job. Find job postings, get certifications to help build your resume, build interest from potential employers, and get valuable information on making yourself the best candidate you can be.
Complete the following short vocabulary quiz. Click ‘CONTINUE TO EXAM’ to start the exam for this chapter. Continue To Exam
Complete the following short vocabulary quiz. Click ‘CONTINUE TO EXAM’ to start the exam for this chapter. Continue To Exam
Complete the following short vocabulary quiz. Click ‘CONTINUE TO EXAM’ to start the exam for this chapter. Continue To Exam
3-09 Resources Ok new investor, you should be ready to begin. You can now leave the bleachers, put on a uniform, cross the white lines, and play. Stay focused, positive, and realistic. You might not make the Majors right away, but you can enter the investment world armed with solid knowledge, upon which you can Read More…
3-08 Set Goals and Targets You should have a “game plan” for your investing life. Just as you plan your workday, vacation, college financing, golf matches, and other areas of your personal and professional life, you need a plan, objective, and goal for your investment activities. Spend some quality time with yourself, thinking about what Read More…
3-07 How to Record Gains and Losses Unfortunately, when it comes time to file your tax return, the IRS wants to know how much money you made or lost in your brokerage account. Your brokerage firm will even report to the IRS your total proceeds from all of your sales of stocks, but they don’t Read More…
3-06 Short Selling So far, we’ve talked about how to make your first trades – buying a stock you think will get more valuable. But what about if you are SURE a stock is about to tank? Wouldn’t it be great if you could make profit in both directions? With short selling, you can! What Read More…
3-05 Buying on Margin When you are opening a real brokerage, you will be asked if you want to open a Margin Account. Buying on margin means that you purchase securities using some of your own cash and you take a loan from your broker to complete the purchase. The collateral for the loan is Read More…
3-04 Order Terms Now that you know some of the basic order terms, you can use Limit, Stop, and Trailing Stop orders to start building your portfolio, keeping an eye out for good deals and protecting yourself against loss. But when you go to actually place your order, there is one more option that pops Read More…
3-03 Types of Orders-Market, Limit, Stop Once you have the ticker symbol for the company you wish to trade, you are ready to place your first order. Go to your virtual trading account and you’ll see several options for order type—market, limit, stop, and trailing stop. You have already found the symbol to trade “LUV” Read More…
3-02 Understanding Stock Quotes A stock quote gives essential information about a particular stock at a point in time. The quote normally includes information such as the name of the company, the ticker symbol, the price, the day’s high and low prices, and the trading volume. Details Usually when you get a stock quote, you Read More…
3-01 How to Look Up a “Ticker Symbol” The first thing you must understand about trading stocks is that the exchanges have assigned each stock a unique “ticker symbol” for identification purposes. When researching stocks, getting quotes, and placing trades, you usually have to know the ticker symbol. Stock ticker symbols are usually 1 to Read More…
3-00 Chapter 3: Making Your First Trade Now that we covered the basics of different types of investments and why prices move, it is time to start “Learn by doing” and make your first trades. Best of all, you have your practice brokerage account to use, so you can try out your first investing strategies Read More…
2-11 Resources Don’t forget to check out a research platform like Zacks so you can compare stocks on your own. Zacks Rank uses a proprietary ranking system to evaluate stocks on a scale from 1 to 5; their #1 Strong Buy stocks have beaten the market in 26 of the 31 years they have been Read More…
2-10 Buying Individual Stocks Versus Investing in Mutual Funds As a newer investor, you should also be aware that you can save some research time by investing in mutual funds instead of individual stocks. Mutual funds contain a mix and diversity of stocks in which you will spread out one investment into many small blocks Read More…
2-09 Why Stocks Are a Good Choice For Investing In this course, we generally advocate that stock market investing is an excellent choice to receive consistently high Return on Investment (ROI). This does not mean we think everyone should be “stock picking” – but that stocks, mutual funds, and ETFs generally provide the best return Read More…
2-08 Brokers and How to Choose the Right Ones When you are ready to start buying your own stock, you won’t withdraw some cash from the ATM, head to New York, and look for someone with paper shares to sell. Instead, you would open an account with a stock brokerage, where you will make your Read More…
2-07 The Danger of Trying to Time the Market The mere perception that a market is becoming Bearish is not a predictor of disaster. Fortunes have been made in A prolonged period of pessimism and falling stock prices that seems to feed on itself and generates even more pessimism and even lower stock prices. Bear Read More…
2-06 Bull vs. Bear Markets Business and economic popular news will often refer to “Bull” or “Bear” markets. You probably already have some idea what this means – “Bull” markets tend to be going up, while “Bear” markets tend to be going down. What is a Bull Market? A “Bull Market” means that investors are Read More…
2-05 Market Timing and Moving Now that you know what the stock market is and what role the Stock exchanges are simply organizations that allow people the ability to buy and sell stocks. Stock Exchange plays, let’s take a step back and look at how stock prices and the economy move. As you might expect, Read More…