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Financial Literacy
Course: Financial Literacy > Unit 1
Lesson 1: Intro to Financial LiteracyWelcome to Financial Literacy
In this video, Sal welcomes users to the new Financial Literacy course on Khan Academy. From understanding interest rates to navigating the stock market, this course breaks down complex concepts into easy-to-understand lessons that will empower you to take control of your money. Created by Sal Khan.
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What is the main difference between this course and the personal finance course?(7 votes)
Not much. If you've already taken personal finance, you may not need this one, which incorporates a lot of the same lessons, but adds newer stuff. If you've taken neither, though, do THIS one. It's more comprehensive.(29 votes)
does this course have any value if you live in europe and who is this for(4 votes)- The things about budgeting and insurance are of value anywhere. The specifics about 401(k), social security, and other things like that probably don't apply in Europe.(4 votes)
Is this free to use in my classroom with students?(2 votes)- Learning at Khan Academy is always free! All of Khan Academy’s library of trusted, standards-aligned videos, articles, practice questions, and lessons are completely free for anyone who wants to use them.
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Khan Academy is a 501(c)3 non-profit on a mission to provide a FREE world-class education for anyone, anywhere.(6 votes)
ok I have a question that's been stuck on my mind! And the question is... what is an interest rate?(2 votes)- There's an entire lesson on that later in the course. Keep working through, lesson by lesson, and you'll be well instructed.(4 votes)
- What advice would you give to someone who like to spend moneyalot(0 votes)
- Dear Bryce,
If you like to spend money a lot, I suggest that you focus on earning a lot of money.
If you like to spend money a lot but would rather save money, I suggest that you lock up your credit cards and erase all access to them from your electronic accounts so that you can't use them online. When you go out of the house, never carry more than a few dollars with you. By these methods, your spending should be controlled.(7 votes)
What grade level is this for?(3 votes)- The course is not aimed at any particular grade level, but if it's too difficult for you, or if the language beyond your ken, then drop it now and come back in a few years.(1 vote)
Why are we forced to do our taxes? Why is there no alternative for people who can't? I don't understand.(1 vote)- Xavier, my friend, you are in lesson 1 of a course that has 113 individual lessons, including an entire group of lessons about taxes. If you look at the course list, you can find those lessons, skip ahead, and find the things that will directly answer this question. Besides that, if you ask this same question in the lessons about taxes, you'll get a better answer than anyone can give you here, in lesson 1 of the whole course.(3 votes)
What is the minimum age you would recommend for this course?(1 vote)- I would say 13 (to take a look and skip the parts that don't touch on you then), and a complete review between 16 and 18.(2 votes)
- 1445: How to create a financial plan?(1 vote)
That will be answered throughout this course. Budgeting, creating accounts, and planning your life are just a few parts of it all.(2 votes)
- no question for this one(1 vote)