Everything you need to know about Financial Literacy
The possession of knowledge and understanding of financial matters. Financial literacy is mainly used in connection with personal finance matters. Financial literacy often entails the knowledge of properly making decisions pertaining to certain personal finance areas like real estate, insurance, investing, saving (especially for college), tax planning and retirement. It also involves intimate knowledge of financial concepts like compound interest, financial planning, the mechanics of a credit card, advantageous savings methods, consumer rights, time value of money, etc.
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A particular market where stocks and bonds are traded. The market in which shares of publicly held companies are issued and traded either through exchanges or over-the-counter markets. Also known as the equity market, the stock market is one of the most vital components of a free-market economy, as it provides companies with access to capital in exchange for giving investors a slice of ownership in the company. The stock market makes it possible to grow small initial sums of money into large ones, and to become wealthy without taking the risk of starting a business or making the sacrifices that often accompany a high-paying career.
Any person, company or other institution that owns at least one share of a company’s stock. Shareholders are a company's owners. They have the potential to profit if the company does well, but that comes with the potential to lose if the company does poorly. A shareholder may also be referred to as a "stockholder".
Lessons Communicated through
Making Spending Decisions
Wall Street Warrior Cody, from Xposure's Empower Afterschool Program, breaks down the basics of the Stock Market and makes it so simple that you can't help but join him in his Stock Rock dance. Cody's not just rapping and rocking about Stocks, but he puts his money where his mouth
It's a crime not to save
You've seen the Xposure Greenburgh version of "IACNTS" but now it's time to check out the Brooklyn Chronicles. Our friends Ace & Josie of the Fun Finance Crew are back to take you on the roller coaster ride inside of Ace's imaginative mind.
"I WORK HARD! I GET PAID! I PUT MY MONEY IN THE BANK SO I CAN SAVE! I STACK IT UP! I WATCH IT GROW AND ONE DAY IMMA RUN THE SHOW!" is what young CLUB X rapper Travon Vergara spits while backed by the soulful vocals of Teiara Afful. THIS HOT TRACK was Produced by SiniCal.