Basic Financial Literacy eBook

$9.99

Financial literacy is not usually taught in school, but it is one of the most important things you should know in life.  If you don't know how money systems work, you will not get to where you want to be financially without a lot of roadblocks and detours. Even if you hire someone to advise you, if you don't know how things work, how will you know if they are doing it right? You need to be able to check and make sure everything goes the way you want it to.

Description

Financial literacy is not usually taught in school, but it is one of the most important things you should know in life.  If you don’t know how money systems work, you will not get to where you want to be financially without a lot of roadblocks and detours. Even if you hire someone to advise you, if you don’t know how things work, how will you know if they are doing it right? You need to be able to check and make sure everything goes the way you want it to.

In this eBook, you’ll learn:

  • Simple vs. Compound Interest & How to Calculate Interest
  • What Types of Loans Use Simple Interest?
  • What Types of Loans Use Compound Interest?
  • Examples of Earning Simple Interest vs. Compound Interest
  • Who Sets the Interest Rates (USA)?
  • What Happens When the Policy Makers Raise or Lower Interest Rates?
  • The Main Ways To Make Money
  • Consumers vs. Producers
  • Build Yourself a System
  • What are Bonds?
  • The Three Main Categories of Bonds
  • What’s a Junk Bond?
  • How Do You Buy a Bond?
  • Is Income from Bonds Taxable or Tax-Free?
  • What Are the Advantages of Buying Bonds?
  • An Example of How a Fixed-Interest Bond Works
  • What’s a Certificate of Deposit (CD)?
  • An Example of a CD
  • What Kind of Interest Rates Can You Get on a CD?
  • Is CD Income Taxable?
  • What Is the Stock Market?
  • What Is a Stock?
  • How Trading Stocks Works
  • How To Get Started Trading Stocks
  • What are Indices?
  • What Determines a Stock’s Price?
  • What is a Mutual Fund?
  • What are the Benefits of Investing in a Mutual Fund?
  • How Do You Buy Shares of a Mutual Fund?
  • What’s an ETF?
  • What Are Stock Options
  • How Amortization Works
  • Here’s how you do the calculations to fill in the table:
  • Is It Possible to Get a Loan without Having to Pay Interest?
  • How to Calculate Your Return on Investment (ROI)
  • Why Do We Have Insurance?
  • The Basics of Currency
  • What Causes Currency to Fluctuate?
  • The Forex Market
  • How to Read Currency Quotes
  • A Simple Example of How a Forex Trade Might Go
FavoriteLoadingAdd to favorites