Easy Peasy Finance chat

Hi there! I am an 8-year old who is fascinated with the world of personal finance and entrepreneurship!

I love to read personal finance books, and keep myself updated on the latest by reading various personal finance magazines. One of my favorite TV shows is Shark Tank.

Since I was 6, I have been investing all my allowances, chore money and cash gifts in stocks to build my retirement fund. While the amounts I invest are not large, I am sure this would grow into a hefty sum by the time I retire thanks to the power of compounding. I plan to supplement it by investing in Roth IRA and 401k once I start earning.

My friends often ask me questions about finance because they find it complex and intimidating. That’s what inspired me to start my YouTube channel. Through my videos, I hope to break down complex financial terms in a way that even kids can understand. I would love for my friends to be as excited about finance as I am!

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What is a Stock Index? Easy Peasy Finance for Kids and Beginners (Dec 11th, 2018)

This video answers the basic question "What is a Stock Index" or "What is an Index" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Stock Index
- How many stocks are there in a stock index
- What are some of the popular stock indices (Dow Jones Industrial Average, S&P 500, Nasdaq Composite Index, London's FTSE 100 or the "Footsie", Hong Kong's Hang Seng)
- Can the constituents of a stock market index change, or they stay the same
- If the index goes up or down, does ...

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What is EPS (Earnings Per Share)? Easy Peasy Finance for Kids and Beginners (Nov 29th, 2018)

This video answers the basic question "What is EPS" in a simple, kid-friendly way. It also addresses the topics below:
- What is EPS (Earnings Per Share)
- Example of EPS
- Calculation of EPS
- If you own 1 stock in a company, do you get an amount equal to the EPS every year

We hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!

Please visit http://www.easypeasyfinance.com/ for more details.

#EPS
#Stoc...

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What is a Stock Exchange? Easy Peasy Finance for Kids and Beginners (Nov 20th, 2018)

This video answers the basic question "What is a Stock Exchange" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Stock Exchange
- Can bonds also be bought and sold at a Stock Exchange
- Can you buy and sell stocks in a stock exchange yourself
- Can you buy and sell any stock in any stock exchange
- What are the major stock exchanges around the world
- Can stocks only be traded on a Stock Exchange

We hope you like the video and stick around for more finance fun! And ple...

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What is Down Payment? Easy Peasy Finance for Kids and Beginners (Nov 14th, 2018)

This video answers the basic question "What is Down Payment" in a simple, kid-friendly way. It also addresses the topics below:
- What is Down Payment
- Can you get 100% of the amount as loan / mortgage
- Can you pay more money upfront as a down payment
- How much should you pay as the down payment
- If you are taking a loan jointly with your spouse, can the down payment come from both people's accounts

We hope you like the video and stick around for more finance fun! And please let us know your th...

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What is Health Insurance? Easy Peasy Finance for Kids and Beginners (Nov 7th, 2018)

This video answers the basic question "What is Health Insurance" in a simple, kid-friendly way. It also addresses the topics below:
- What is Health Insurance
- Is the health insurance premium same for everyone
- What are the different types of health insurances (deductible, copay)
- Would the insurance company pay all medical bills, even if it is a lot of money
- Is the health insurance premium returned by the insurance company if you don't fall sick or don't visit a doctor
- Does the health insur...

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What is a Will? Easy Peasy Finance for Kids and Beginners (Oct 31st, 2018)

This video answers the basic question "What is a Will" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Will
- Who needs a Will
- How to create a Will
- When should you create a Will
- Can you change who gets your stuff
- How many wills can you have
- Periodic review of will

Happy Halloween!!

We hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!

Please visit http://www.easy...

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What is a Brokerage Account? Easy Peasy Finance for Kids and Beginners (Oct 25th, 2018)

This video answers the basic question "What is a Brokerage Account" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Brokerage Account
- Where does the money in a Brokerage Account come from
- Is there any fee for opening or maintaining a Brokerage Account (yearly fee, minimums, commission)
- How do you get money when you sell something
- Is the money in a brokerage account safe
- What are some of the popular brokerages
- How do I open a Brokerage Account

We hope you lik...

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What is Real Estate? Easy Peasy Finance for Kids and Beginners (Oct 16th, 2018)

This video answers the basic question "What is Real Estate" in a simple, kid-friendly way. It also addresses the topics below:
- What is Real Estate investing
- Is real estate only house and apartments (residential and commercial real estate)
- How can you make money from real estate (appreciation in price, rental income)
- Are there any extra costs associated with real estate (property tax, maintenance / HOA fee, brokerage fee)
- How much money do you need to start investing in real estate
- Negat...

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Mortgage Interest Rate: Fixed vs Floating - Easy Peasy Finance for Kids and Beginners (Oct 9th, 2018)

This video answers the basic question "What is Fixed and Floating Interest Rate for a Mortgage" in a simple, kid-friendly way. It also addresses the topics below:
- What are the different types of interest rates for a Mortgage
- Fixed and Floating Interest Rates (also called Adjustable Rate Mortgage or ARM)
- What is a fixed interest rate
- What is a floating interest rate or Adjustable Rate Mortgage
- What happens when the interest rate changes in a floating rate (monthly payment goes up or down)...

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Easy Peasy Finance: Personal Finance Simplified for Kids and Beginners (Oct 2nd, 2018)

Howdy people! I'm Sooper Cooper, a cowboy.

And I'm Wall Street Willy, a Stock Broker.

And we discuss personal finance topics like banking, credit cards, investing, stocks, real estate, mortgage, retirement, 401k, insurance, income tax and more - in a way anyone can understand.

Making finance your friend - only at Easy Peasy Finance.

#FinanceForKids
#FinanceForBeginners
#Finance101
#EasyPeasyFinance

Credits:
Graphics: https://www.freepik.com/, https://openclipart.org/, http://www5.flamingtext.com/
Music...

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What is Currency and Exchange Rate? Easy Peasy Finance for Kids and Beginners (Sep 25th, 2018)

This video answers the basic question "What is Currency and Exchange Rate" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Currency
- Currencies of different countries
- Do all countries have a currency
- Currency common between countries (example: Euro)
- What is Exchange Rate
- Exchanging one currency for another currency
- How is the exchange rate between currencies determined (foreign exchange or forex market)
- What are the factors that impact the foreign exchange ...

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What is a Mortgage? Easy Peasy Finance for Kids and Beginners (Sep 20th, 2018)

This video answers the basic question "What is a Mortgage" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Mortgage (loan for buying a home)
- Using a mortgage, can you get more money than the value of the home / house
- What is a down payment
- How much is the down payment (usually, 20% of the home's value)
- Can you get a mortgage if you don't have money for 20% down payment (yes, for example, using FHA mortgage)
- How is the amount you borrow using mortgage decided...

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What is an Emergency Fund? Easy Peasy Finance for Kids and Beginners (Sep 12th, 2018)

This video answers the basic question "What is an Emergency Fund" in a simple, kid-friendly way. It also addresses the topics below:
- What is an Emergency Fund (money for unexpected expenses or loss of income)
- How much money should you have in your Emergency Fund (3-6 months' worth of expenses)
- Who should have an Emergency Fund - everyone or only the rich (everyone!)
- Do you need a special bank account for an Emergency Fund (just a savings account)
- Should you invest first, or build an Emer...

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Earning, Spending, Saving and Investing: Easy Peasy Finance for Kids and Beginners (Sep 5th, 2018)

This video answers the basic question "What is Earning, Spending, Saving and Investing" and he relationship between them in a simple, kid-friendly way. It also addresses the topics below:
-

We hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!

Please visit http://www.easypeasyfinance.com/ for more details.

Credits:
Graphics: https://www.freepik.com/, https://openclipart.org/, http://www5.flamingtex...

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What is a Bank? Easy Peasy Finance for Kids and Beginners (Aug 28th, 2018)

This video answers the basic question "What is a Bank" in a simple, kid-friendly way. It also addresses the topics below:
- What is a Bank
- What do banks do (give loans, take deposits, issue checks and debit cards, issue credit cards, give mortgages, issue banker's checks, etc)
- How do banks make money
- Are there different types of banks (traditional banks, internet-only or online-only banks, investment banks, etc)

We hope you like the video and stick around for more finance fun! And please let...

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What is an ATM (Automatic Teller Machine)? Easy Peasy Finance for Kids and Beginners (Aug 21st, 2018)

This video answers the basic question "What is an ATM (or an Automatic Teller Machine)" in a simple, kid-friendly way. It also addresses the topics below:
- What is an ATM (or an Automatic Teller Machine)
- What does an ATM do (withdraw and deposit cash, account statement, etc)
- What is needed to use an ATM (debit card and PIN)
- Can a debit card from one bank be used in an ATM of another bank (and charges)
- Can a credit card be used in a ATM (and associated high interest)
- What happens if the d...

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What is Insurance? Easy Peasy Finance for Kids and Beginners (Aug 14th, 2018)

This video answers the basic question "What is Insurance" in a simple, kid-friendly way. It also addresses the topics below:
- What is insurance
- What can be covered by insurance (car, house, life, etc)
- How does insurance work (pay premium and file a claim)
- How expensive is insurance, and what impacts the premium/rate
- Does the insurance premium change from time to time
- Impact of a claim on insurance premium
- How long is the insurance cover
- Who should buy insurance

We hope you like the vide...

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What is Income Tax? Easy Peasy Finance for Kids and Beginners (Aug 7th, 2018)

This video answers the basic question "What is Income Tax" in a simple, kid-friendly way. It also addresses the topics below:
- What is Income Tax
- Does everyone pay the same amount of Income Tax (tax brackets)
- Do you pay Income Tax if you earn very little (standard deduction)
- Is it better to earn less on purpose to qualify for a lower tax bracket
- Different types of Income Tax (federal and state Income Tax)
- Is the state income tax the same for all states
- Does the Income Tax rate change or...

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Checking vs Savings Account: Easy Peasy Finance for Kids and Beginners (Jul 31st, 2018)

This video provides a basic comparison "Checking Account vs Savings Account" in a simple, kid-friendly way. It also addresses the topics below:
- What are the differences between a Checking Account and a Savings Account
- Difference in taking money out through ATM
- Difference in interest earned in a Checking Account and a Savings Account
- Difference between the fees charged
- Which account should be used in which goal / situation
- How to choose a Checking Account or a Savings Account

We hope you ...

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Credit vs Debit Card: Easy Peasy Finance for Kids and Beginners (Jul 24th, 2018)

This video provides a basic comparison "Credit Card vs Debit Card" in a simple, kid-friendly way. It also addresses the topics below:
- What are the differences between a Credit Card and a Debit Card
- Difference between the fees charged
- Rewards or cash back
- Which one is better - and in which situations

We hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!

Please visit http://www.easypeasyfinanc...

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