This Government Bond is Earning 7.12% Annually Right Now! | I Bonds Explained

Posted by & filed under Intro to Personal Finance (Grable & Palmer).

This 12:10 seconds YouTube video talks about the features of an I Bond and how an investor can successfully add it to their financial portfolio. It gives students further options discussed in LO # 7.3 in the Grable text   https://www.youtube.com/watch?v=EaK4Ik6Umxw   Multiple Choice Questions What is a hurdle rate when it comes to holding… Read more »

How to Compare Auto Insurance to Find Your Best Policy

Posted by & filed under Personal Finance, Personal Finance 2e (Vickie Bajtelsmit).

This article gives the reader a basic primer on how to compare auto insurance policies from different providers. It also gives a method to develop your own scorecard for getting the best buy for the money.   https://www.thebalance.com/how-to-compare-insurance-companies-527074 Questions for Discussion Why is it important to find out about the financial strength of insurance companies… Read more »

The market is as hot as we’ve ever seen it:’ Why you should wait to buy a house

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This CNBC article discusses the reasons behind the hot real estate market, and what potential buyers should do before purchasing a house https://www.cnbc.com/2021/06/17/why-experts-say-you-might-want-to-wait-to-buy-a-new-house.html Multiple Choice Questions Currently with houses staying on the market for 6 days It is bad news for sellers It is bad news for buyers It is good news for both buyers… Read more »

So, You Are Shopping For A Car At A Terrible Time. Here’s What To Keep In Mind

Posted by & filed under Intro to Personal Finance (Grable & Palmer), Personal Finance.

This NPR article talks about the current car shortage and the reasons behind it. Given the current price hikes, the article gives the reader some options to consider before buying a car. https://www.npr.org/2021/09/24/1039620891/shopping-cars-new-used-dealers Questions for Discussion Of all the options listed in the article which one resonated with you the most?   The article suggests… Read more »

5 Ways Rich People Make Money With Debt

Posted by & filed under Intro to Personal Finance (Grable & Palmer), Personal Finance.

This 11:08 YouTube video talks about embracing debt to create wealth. Although conventional wisdom talks about avoiding debt, this video explains how the rich use debt to create more wealth by using different strategies.   https://www.youtube.com/watch?v=nZ4SAXgUrIc&t=7s Multiple Choice Questions   The average amount of debt per household in the US is $10,000 $5315 $7315 $20,000… Read more »

25 key terms everyone with a credit card should know

Posted by & filed under Personal Finance, Personal Finance 2e (Vickie Bajtelsmit).

This article published on cnbc.com gives the key terms that any credit card user must be familiar with. The article not only covers the terms but gives the reader some ideas on what to look out for when dealing with the varying terms and conditions. https://www.cnbc.com/select/common-credit-card-terms/ Questions for Discussion. What does balance transfer mean in… Read more »

How to LEGALLY Avoid Paying Any Taxes

Posted by & filed under Personal Finance 2e (Vickie Bajtelsmit).

This 16:47 YouTube video gives the viewer strategies to legally avoid paying taxes. Kris Kohn explains how owning a property or a business can give investors all kinds of tax breaks to defer tax obligations, while creating a positive cash flow. https://www.youtube.com/watch?v=Ldw5nH9vJ0k   Multiple Choice Questions When someone can lower their total tax liability, it… Read more »

Personal Budgeting: Why Strong Cash Flow Management Isn’t Just For Small Businesses

Posted by & filed under Personal Finance, Personal Finance 2e (Vickie Bajtelsmit).

This article talks about the importance of managing cash flows. Managing cash flow is not just important for small businesses but individuals as well. The article addresses the mixed blessing of Fintech’s impact on cash flow management. People with positive cash flows and financial savvy are using the financial tools to their advantage, whereas others… Read more »