Raising Financial Freedom

Raising Financial Freedom A podcast show for parents who want their children to grow up financially smart or free. Eric Yard i
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There must be a balance. , , , , , , , , , ,
06/08/2022

There must be a balance.

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As per estimates, the total global GDP in 2020 amounted to approx. $84.54 Trillion
06/06/2022

As per estimates, the total global GDP in 2020 amounted to approx. $84.54 Trillion

The total net wealth of the entire world in 2021 is $431 trillion (according to Boston Consulting Group (BCG)).
06/06/2022

The total net wealth of the entire world in 2021 is $431 trillion (according to Boston Consulting Group (BCG)).

Make money work for you. , , , , , , , , , ,
06/01/2022

Make money work for you.

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Tax evasion is an illegal way where people evade paying taxes by different means such as failing to report all or some o...
05/30/2022

Tax evasion is an illegal way where people evade paying taxes by different means such as failing to report all or some of their income. In contrast, Tax avoidance is a legal way of managing (reducing) you taxes by different means such as deductions, credits, and adjustments to income.

Learning about money is a start. , , , , , , , , , ,
05/25/2022

Learning about money is a start.

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Effective tax rate is the taxpayer's average tax rate, or what share of their total annual income they'll need to pay in...
05/23/2022

Effective tax rate is the taxpayer's average tax rate, or what share of their total annual income they'll need to pay in taxes. Marginal tax rate is the amount of tax that applies to each additional level of income.

What is money to you? , , , , , , , , , ,
05/18/2022

What is money to you?

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The Internal Revenue Service (IRS) is the revenue service of the United States federal government, and responsible for c...
05/16/2022

The Internal Revenue Service (IRS) is the revenue service of the United States federal government, and responsible for collecting taxes and administering the Internal Revenue Code.

Know where your money is going. , , , , , , , , , ,
05/11/2022

Know where your money is going.

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The Securities and Exchange Commission (SEC) enforces the federal securities laws and regulates the majority of the capi...
05/09/2022

The Securities and Exchange Commission (SEC) enforces the federal securities laws and regulates the majority of the capital market.

Stay focused on your goals , , , , , , , , , ,
05/04/2022

Stay focused on your goals

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There are several different types of bank• State Bank / Central Bank• Retail Bank• Commercial Bank• Shadow Bank• Investm...
05/02/2022

There are several different types of bank
• State Bank / Central Bank
• Retail Bank
• Commercial Bank
• Shadow Bank
• Investment Bank
• Cooperative Bank/Credit Union

Raising Financial Freedom weekend thoughts:
04/29/2022

Raising Financial Freedom weekend thoughts:

A little bit of Financial Literacy History! ,
04/28/2022

A little bit of Financial Literacy History!

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Position yourself to live comfortably. , , , , , , , , , ,
04/27/2022

Position yourself to live comfortably.

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Commercial paper is an unsecured promissory note with a fixed maturity date. In simpler words, it is issued by large cor...
04/25/2022

Commercial paper is an unsecured promissory note with a fixed maturity date. In simpler words, it is issued by large corporations to obtain funds to meet short-term debt obligations (for example, payroll) and is backed only by an issuing bank or company promise to pay the face amount on the maturity date specified on the note.

Money doesn't solve everthing.
04/20/2022

Money doesn't solve everthing.

Provide value to the world. , , , , , , , , , ,
04/20/2022

Provide value to the world.

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A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such a...
04/18/2022

A certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, and in exchange, the issuing bank pays interest. When you cash in or redeem your CD, you receive the money you originally invested plus any interest.

It's only a tool. , , , , , , , , , ,
04/13/2022

It's only a tool.
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Treasury bills are government debt instruments. The government issues the bill at a discounted value and the buyer gets ...
04/11/2022

Treasury bills are government debt instruments. The government issues the bill at a discounted value and the buyer gets the original value upon maturity (hence making a profit)

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