All posts for “money”

money

New Video: Credit Card Responsibility

Posted by: leelefever on February 26, 2013- 5:06pm

Categories: banks, Common Craft Video, credit cards, interest, money

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Today we're announcing a new video: Credit Card Responsibility - Explained by Common Craft.   This video tells the stories of Lucia and Marlon, who demonstrate valuable lessons in using credit cards. One learns to save money by paying off their balance every month while the other encounters the hard lessons of being delinquent on payments. It teaches: Why credit cards exist  How interest works in credit card accounts How to use credit cards responsibly and avoid paying interest What happens... Continue Reading

A Classic Economics Debate - As a Rap Music Video

Posted by: leelefever on April 29, 2011- 10:19am

Categories: economics, education, Explanation, money, video

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John Papola and Russ Roberts at http://EconStories.tv have made a second video that uses rap and a very well-produced music video to contrast the economic thoeries that are a big part of the political debate about what to do with a failing economy.  I'm really impressed with the format and content - and the song is actually kind of catchy too.  Fight of the Century: Keynes Vs. Hayek - Round Two:

Financial Basics Video Pack (6 videos, 15% off)

Posted by: leelefever on October 11, 2009- 5:00pm

Categories: financialbasics, money, video, Video Pack

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Videos in our "Money" category have been a focus for us this year and we're excited to announce a new pack of six video called the "Financial Basics Pack."  Packs are groups of Common Craft videos that can be purchased together for a 15% discount.  The Financial Basics Pack includes videos on the topics below. You can watch them all on this page. Saving Money (Compound Interest) in Plain English Borrowing Money in Plain English Investing Money in Plain English Stock Markets in Plain English... Continue Reading
Today we've published a new video "Saving for Retirement in Plain English". Since we first considered making the series of videos on Money, we've had our eyes on retirement savings. Not just our retirement, but yours. Too many people start saving too late and/or don't know the basics of why retirement accounts like 401ks and IRAs make sense. This video is aimed at helping people see the long term benefits of retirement accounts.Who is it for?  Along with use in schools, we see this video being... Continue Reading

Video: Stock Markets in Plain English

Posted by: leelefever on September 1, 2009- 5:00pm

Categories: Common Craft Video, Explanation, financialbasics, money, ourwork, video

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Today we've published a new video: Stock Markets in Plain English This video is one of our most requested and focuses on a few basic ideas: Why companies offer their stock to the public Why people buy and sell stocks What makes stock prices change How we measure stock markets using indices This video is part of our Money series and one of the first to touch on markets.  It was also one of the toughest to make. Economic forces like supply and demand can quickly turn into rabbit holes. Keeping... Continue Reading

Video: Insurance in Plain English

Posted by: leelefever on July 20, 2009- 5:00pm

Categories: Common Craft Video, Explanation, financialbasics, money, ourwork, video

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Today we've published a new video: Insurance in Plain English As we wrote recently, we're focusing on our Money category over the next month or two.  This video, Insurance in Plain English, is meant to explain why insurance exists, what service it provides, how it works and what role it plays in being financially responsible. Insurance is a concept that surrounds us all the time. In fact, it's so common that it's easy to assume that everyone understands it and why it makes sense.... Continue Reading
Here's a question for you: Were you taught about financial responsibility when you were young?  When I ask this question, the vast majority of people respond with a quick "nope." I sure wasn't. In my high school I learned to recite a poem from BeoWulf in Olde English, but never learned about 401ks or compound interest. In light of the current financial crisis, we want to do our part to make sure people understand the important elements of personal finance and being financially responsible. The... Continue Reading