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...
19: Cost of Living (National Averages & Differences)
Finance With Kids
9 minutes
2 years ago
19: Cost of Living (National Averages & Differences)
In this episode, we’re going to talk about the cost of living. Do you know what it means when someone says the cost of living is high? It means that things like food, clothes and housing cost more money than they used to. So, why does that happen? One reason is inflation. Inflation is when the prices of things go up over time. This happens because the amount of money in the world keeps growing, but there are still only so many resources to go around. When there’s more money chasing the same r...
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...