What is a Loan? A Simple Explanation for Kids and Beginners

This video answers the question "What is a Loan? " in a simple, kid-friendly way. PLEASE SUBSCRIBE (It’s FREE!): http://bit.ly/EasyPeasyFinanceSubscribeFree
⬇️ Click SHOW MORE for details ⬇️

The video addresses the topics below:
- What is a Loan
- Who can give you a loan
- Why would you want to take a loan
- How do you repay the loan
- Are there different types of loans

Hope you like the video and stick around for more finance fun! And please let us know your thoughts (or a suggestion for a video) by leaving a comment!
⬇️ RELATED VIDEOS ⬇️

What is Interest Rate: https://www.youtube.com/watch?v=SNRvoq0yVxo&t=37s

What is APR or Annual Percentage Rate: https://youtu.be/nYois7ahJf0

What is a Mortgage: https://www.youtube.com/watch?v=qZZJgJ7gG2c

What is a Student Loan: https://youtu.be/vRFhnChIqcc

Credit Report vs Credit Score: https://www.youtube.com/watch?v=ccIKtzOLre0

Mortgage Interest Rate: Fixed vs Floating: https://www.youtube.com/watch?v=8HyUOuM7Y7s

Federal vs Private Student Loans: https://youtu.be/Tc1sO8JbLXo
⬇️ RELATED PLAYLISTS ⬇️

Introduction to Borrowing and Loans for Kids: https://www.youtube.com/watch?v=Em_jN_bAC7s&list=PLD1Hjcbe9g7p2cmNFhpJ-U3_DyJErHOXH

Borrowing 101: https://www.youtube.com/watch?v=vRFhnChIqcc&list=PLD1Hjcbe9g7pg2sgimrdLCnC7FHAkoDDL

Borrowing for Dummies: https://www.youtube.com/watch?v=vRFhnChIqcc&list=PLD1Hjcbe9g7pB3_t_lLuVX02TNFHWZFig

Key Personal Finance Terms for Kids: https://www.youtube.com/watch?v=mi0N0ZQtN4k&list=PLD1Hjcbe9g7qM1_HcgCIbA4b1V9VygbJN

Introduction to Finance for Kids - Earning, Saving, Investing, Compound Interest, Inflation, Net Worth, Emergency Fund: https://www.youtube.com/watch?v=3wMITaE5_Qk&list=PLD1Hjcbe9g7opE4MnIRUhDEJSHdaG1vTE

---------------------------------------------------------------------------------------

** Easy Peasy Money **
A Fun Money & Budgeting Book for Kids. The book covers all aspects of money: Earning, Spending, Saving, Investing, Borrowing and Budgeting.
View on Amazon: https://amzn.to/3m6d22z

** Easy Peasy Investing **
A Fun Investing Book for Kids. The book covers all aspects of investing: Compounding, Risk-Return, Liquidity, Asset Classes, Diversification, Asset Allocation and Portfolio Rebalancing.
View on Amazon: https://amzn.to/3ZhaVHz

** Easy Peasy Banking **
A Fun Banking Book for Kids. The book covers all aspects of banking: Banks, Credit Unions, Checking & Savings Accounts, ATMs, Checks, CDs and Online & Virtual Banking.
View on Amazon: https://amzn.to/3ZiYyLm
----------------------------------------------

, please visit: https://www.easypeasyfinance.com/what-is-a-loan/
FREE Crash Course in Money Management - Basics of Money and Personal Finance for Kids & Beginners: https://www.easypeasyfinance.com/free
EMAIL: easypeasyfinance@gmail.com
WEBSITE: https://www.easypeasyfinance.com/
INSTAGRAM: @easypeasyfinancekids https://www.instagram.com/easypeasyfinancekids/
TWITTER: @easypeasyfinanc

#Loan
#Borrow
#Finance101
#FinanceForKids
#FinanceForBeginners
#EasyPeasyFinance

The links mentioned may be affiliate links: at no additional cost to you, we earn a commission if you click & make a purchase.

Credits:
Graphics: https://www.freepik.com/, https://openclipart.org/, https://www.pexels.com/, http://www5.flamingtext.com/, http://www.videezy.com
Music: http://www.freesfx.co.uk/, http://www.SoundBible.com

--------------------------------------------------------------

The links here may be affiliate links, meaning at no additional cost to you, we earn a commission if you click through & make a purchase. Easy Peasy Finance is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com.

-----------------------------------------------

The information presented in the video and the description is for educational purpose only. The presenter(s) / speaker(s) / Easy Peasy Finance are not financial advisors, and do not provide investment advise. Please consult a qualified financial advisor before making any investment decision.

Видео What is a Loan? A Simple Explanation for Kids and Beginners канала Easy Peasy Finance