#9170. Money Smart features financial and business professionals sharing their knowledge and insight into all aspects of money to impart to viewers what they need to know about their finances through five short segments.
Tracking & Giving (04:28)
Experts suggest ways to track your expenses to help you see how you spend. Successful people have a habit of charitable giving.
Credits: Tracking & Giving (00:52)
Credits: Tracking & Giving
Learn the meaning of: debt, principal, and interest. Use the APR (annual percentage rate) to compare borrowing rates, and compare “good debt” to “bad debt.”
Owing: Banks Encourage Borrowing (03:28)
Use debt for productive purposes. Live within your means and build your credit score by paying on time. Late payments will negatively affect your ability to borrow.
Spending: Credit Cards vs. Debit Cards (02:41)
Learn the difference between debit cards and credit cards, and the pros and cons of credit. Banks may offer a website for monitoring balances in real time.
Spending: Online & Mobile Banking Safety (02:30)
Get tips to stay protected from criminals who use “phishing” to acquire sensitive information.
Saving: Saving vs. Debt (02:24)
Learn why saving is important, how it is the opposite of debt, and how to start saving.
Saving: How Much Should I Save? (02:35)
Save enough money to cover 3 – 6 months of your basic debt. Investing carries risk, but can be yield higher returns on your money.
Earning: Decoding Your Paycheck (03:12)
Learn the difference between gross pay and net pay. Mandatory deductions include: income tax, FICA, social security, Medicare and more. Learn about several voluntary deductions.
© 2014. 26 minutes. Closed Captioned. Purchase Options: DVD, $99.95; 3-Year Streaming Video, $99.95; Streaming Video + DVD, $179.95