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This lesson highlights the resources needed for a business and key information entrepreneurs should consider before starting a business. Through the story and activities, students will learn about division of labor and identify risks and rewards.
Through this lesson and role-play activity, students will become familiar with how to develop a business plan and the steps an entrepreneur should take to become a business owner. They will learn personal finance concepts that relate to entrepreneurship.
Buying a home is a major financial decision, and for young people in particular the entire process can seem overwhelming.
Even though renting an apartment or buying a home may be a long time off, by using a budget, learning a decision-making process, and taking steps to establish credit, people can be more prepared when the time comes.
Este video divertido explica cómo funciona el interés compuesto. El interés compuesto, o interés agregado, significa que el interés se gana sobre la cantidad que usted deposita inicialmente - lo que llamamos el principal - y sobre el interés que usted gana.
Choosing a savings account is an important financial decision that can help people achieve their financial goals. Banks offer customers a variety of options when it comes to savings accounts.
Watch this video from our Personal Finance 101 Conversations series to examine the costs and benefits of various post-secondary education options including community colleges, technical colleges and universities, and more recently, for-profit colleges.
The yield curve inverted before every one of the last nine U.S. recessions. How do U.S. government bonds shape the yield curve, why does it invert, and is it really a warning signal? Find out in the December 2019 issue of Page One Economics®.
In this Classroom ECONnections webinar, Andrew Hill, of the Federal Reserve Bank of Philadelphia, shares some of his research results showing that students know some personal finance before taking a course on the subject, but have little prior knowledge on some personal finance topics. The gaps provide opportunities to increase students' knowledge. To help you, we feature free, classroom-ready resources from around the Federal Reserve System.
Payday loans are convenient and provide FAST cash to cover emergency situations or help pay a borrower’s expenses from one paycheck to the next. But the fee-based structure of payday lending is quite different from a traditional loan, and laws vary among the states. The April 2019 edition of Page One Economics®: Focus on Finance takes a look at the structure and fees that make these loans costly.