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| Name | What is a Credit Card? | Money Instructor |
| Video Uploader | Video From Money Instructor |
| Upload Date | This Video Uploaded At 23-11-2021 21:08:49 |
| Video Discription | Learn how credit cards work, their benefits, and the responsibilities of using them. Discover tips for managing credit wisely to avoid debt and high interest. An easy to understand guide for beginners. Credit cards offer an easy and convenient finance option, allowing you to purchase items by borrowing money from a bank, rather than using funds from your own bank account like you would with a debit card. These cards come with a set limit, known as a line of credit, which determines how much money you can borrow. When you use a credit card for a purchase, the bank lends you the necessary funds. However, it's crucial to repay the borrowed amount along with any additional fees or interest charged by the bank. Failure to do so results in accumulating more fees and interest over time. Credit cards are a popular financial tool for making purchases, but it's vital to use them wisely and responsibly to avoid excessive debt. This lesson, presented in a kid-friendly manner for beginners, covers everything from the basics of credit cards, including major issuers like Bank of America, Chase, and American Express, to smart usage practices. Welcome to Credit 101, your guide to easy finance management with credit cards. Visit us at MoneyInstructor.com ➡️https://www.moneyinstructor.com/ For more credit and credit card lessons and lesson plans: https://www.moneyinstructor.com/creditcards.asp SUBSCRIBE TO OUR YOUTUBE CHANNEL: 🔔https://www.youtube.com/c/moneyinstructor?sub_confirmation=1 RELATED VIDEOS: ➡️What is Credit? https://youtu.be/hnq-TGXFoZw WEBSITE: https://www.moneyinstructor.com TWITTER: https://twitter.com/moneyinstructor FACEBOOK: https://www.facebook.com/MoneyInstructor Money Instructor is the leading source for financial literacy, education, and skills development. For over two decades, we have been assisting educators, students, parents, and others in teaching and learning about money skills, personal finance, money management, investing, business, and career development. We provide resources and tools to help teachers, parents, and institutions teach these crucial skills to young people. By doing so, we also aim to reinforce basic math, reading, vocabulary, and other fundamental skills that are essential for success in life. ------------------------------------------------------------------------------ #credit #creditcard #financialeducation #financialliteracy #finance101 #debt |
| Category | Education |
| Tags | Education Download MP4 | Education Download MP3 | Education Download MP4 360p | Education Download MP4 480p | Education Download MP4 720p | Education Download MP4 1080p |
