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: 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
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
If only more people would take this seriously.