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Leverage Your Money! How to Turn Liabilities into Assets (Kids Edition)
Автор: Kora's Financial Literacy Channel
Загружено: 2023-04-07
Просмотров: 35
Описание: Kora explores the concept of leverage and how it can be used to turn liabilities into assets. Kora explains that leverage is using other people's money to buy assets and provides an example of using a loan to expand a small business. Learn about the power of leverage with a fun activity called "Leveraging Your Money" to help understand the concept. Two ways for kids to use leverage: investing in stocks with borrowed money and starting a small business through a loan. It is important to understand the risks and seek guidance before using leverage.
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