What’s wrong with the money multiplier? – Banking 101 (Part 2 of 6)

PART 2: WHAT’S WRONG WITH THE TEXTBOOK MULTIPLIER MODEL? We’ve seen the two main ideas that the general public have about the way banks work. Both of them are wrong. That’s not too surprising, after all, unlike the Positive Money team most people don’t spend their time obsessing about how banks work. And banking is […]

Misconceptions around Banking – Banking 101 (Part 1 of 6)

There’s a lot of confusion about how banks work and where money comes from. Very few members of the public really understand it. Economics graduates have a slightly better idea, but many university economics courses still teach a model of banking that hasn’t applied to the real world for decades. The worrying thing is that […]

How Many English Teachers Abroad Kill Their Options in Business and Finance

Hey what’s up BenTeachesEnglishOverseas.com I’m here to talk to you today more about guess what teaching English overseas so I did this video last night where I was talking about how thankfully certain teachers aren’t willing to do this or won’t do this or whatever and you know I always get a little bit of […]

What Should You Do With Your Tax Refund?

Hello and welcome to Your Money 2.0. I’m Thom Fox, community outreach director for Cambridge Credit Counseling. This week millions of Americans will be rushing to meet the tax filing deadline of April 15th. After that frenzy is over, most people will naturally turn their attention to what they owe or, if their lucky, what […]

Part 16 – How to Refund or Apply Invoice credit to Customers

Good afternoon, today I am gonna show you how to settle a return or credit in AccountEdge. So, I’m gonna go to my command center and actually go to my upper menu bar I’m gonna go to sales and I’m going to sell returns and credit and when I’m settling a return or credit I […]

How much money can banks create – Banking 101 (Part 4 of 6)

PART 4: WHAT DETERMINES HOW MUCH MONEY THE BANKS CAN CREATE? So what actually limits how much money the banks can create? You’ve probably seen the standard multiplier explanation of fractional reserve banking that we discussed in an earlier video. In this model, the banks have to keep a percentage of their customers’ money in […]

Tax Refund Tips

Hello and welcome to Your Money 2.0. I’m Thomas Fox, community outreach director at Cambridge Credit Counseling. We’ve made it to another tax season and many of you have received a tax refund and are wondering exactly what you should do with those funds. First, I have some friendly advice for you: although receiving a […]

Will My Income Tax Refund be Affected by Filing for Bankruptcy?

hello my name’s Matthew Cherney, attorney and owner of Cherney Law Firm in Marietta Georgia Every year at tax time it seems I receive the same question, ” Will my income tax refund be affected by filing bankruptcy?” The answer to this question is going to depend on four main things One: the amount of […]

Saving Your Tax Refund (MU Extension)

“Hello, my name is Andrew Zumwalt and I’m an assistant professor with University of Missouri Extension, and I’m here to talk about taxes.” “America Saves Week this is year Feb 23 through the 28th and its a great week to step back and say ‘How am I saving towards my goals?’ So your goals might […]