Learn common financial terms for banking, doing your taxes, investing and retiring, and running a small business.
Overview
Syllabus
Introduction
- The basics of financial literacy
- Compound interest
- ACH transfer
- Minimum balance
- Net worth
- Overdraft
- Interest rate
- FICO score
- Asset allocation
- Cash
- Stocks vs. bonds
- Diversification and rebalancing
- Volatility and inflation
- Capital gains and capital losses
- Price-earnings ratio vs. expense ratio
- Prospectus
- Mutual funds and REITs
- Exchange-traded, index, and target-date funds
- Traditional IRA vs. Roth IRA
- 401(k) plans
- Tax credits
- Withholding
- Adjusted gross income
- Gains, losses, revenues, and expenses
- Income statement and P&L statement
- Cash flow
- Balance sheet
- Where to go next
Taught by
Cassandra Reed and Madecraft
