finance for kids
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What Top Finance Leaders and Experts Teach Their Kids About Money

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Along with relationships, finance and money management is the one topic parents dread to talk to their kids about the most. While parents may be able to talk to their children about the basics of savings, discussions typically stop at that. Only about 30% of parents talk to their kids about investing money and saving […]

Education

Simple vs Compound Interest: What’s the Difference?

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Interest is the additional amount of money you’re paid for letting someone borrow your money (principal). There are two different types of interest: simple and compound. So, what’s the difference? Simple Interest Simple interest is as “simple” as it sounds. You can calculate simple interest with this formula: Simple interest = Principal amount x interest […]