Finance Basics

Welcome to the Finance Basics, where we lay the groundwork for your financial journey. In this category, we explore the essentials of finance, helping you build a solid understanding of how money works.

The two subcategories are:

Personal Finance Basics:
- - Covers fundamental concepts related to managing personal finances.
  - Includes guidance on budgeting, saving, and other key aspects of personal financial management.
Financial Education and Literacy:
- - Provides resources and information aimed at improving financial literacy.
  - Focuses on educating individuals about various financial concepts, ensuring they have the knowledge needed for sound financial decision-making.

The Different Types Of Money

November 25, 2023December 5, 2019 by Martina

Chalkboard lesson showing the 5 types of money

There are 5 different types of money in the world: Fiat, commodity, representative, fiduciary, and commercial bank money. They also all have three functions in common; they serve as a medium of exchange, as a store of value, and as a unit of account. What is money? In economics, money is simply something generally accepted … Read more

12 Parts Of A Check Labeled & Explained

November 25, 2023November 23, 2019 by Martina

The Parts of a Check and How to Write One Feature Image

However infrequently it happens, there are still times when we have to know how to write a check. And so, I will use this check sample to teach you what I know about the parts of a check and how to use one. When I was growing up, I learned how to balance a checkbook … Read more