In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...
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In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...
Credit cards are a type of payment method that allow you to purchase goods and services without having to pay for them upfront. When you use a credit card, the merchant will charge your account (this is called making a purchase). You then have a certain amount of time to pay off the balance, usually around 30 days. If you don't manage to pay off the full amount in time, you will be charged interest on what you owe. This is why it is important to only make purchases on your credit card that yo...
Finance With Kids
In today's episode of Finance With Kids, hosts Steve and Ava are going to talk about the difference between leasing and buying. They will explain to kids what it means to lease an item, how it differs from buying an item outright, and the pros and cons of leasing items like cars, apartments, and cell phones. Leasing can be a good option for those who want to drive a new car or have the latest phone without the hassle of selling it themselves. However, it is important to be aware of the potent...