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Finance 101 for Kids
Why have a Bank Account?
Malik loses his money AGAIN!! Jamal helps him explore the reasons why a bank account might be a good idea but Malik has some questions - What is Interest? What type of bank account to you need? How do you get your money back out?
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What is Tax?
Jamal learns about tax after reading one of his favourite comics. He has lots of questions. What is Tax? Why do we pay tax? Where does the money paid for taxes go?
What is Sales Tax?
Jamal and Ahmed learn about sales tax when they set up shop. What is sales tax? Why is sales tax added? What products have sales tax added?
What is Recession?
Jamal learns about recession during breaktime. He has lots of questions for his teacher - What is a recession? What causes a recession? How does a recession affect us?