Diving Deeper Into Financial Literacy — Page 16

Banks charge more interest on loans than they pay out on savings. See how that spread, not fees alone, is how banks make money.

A mortgage-backed security bundles home loans into one investment. See how MBS values collapsed when subprime defaults spread through the 2008 crisis.

Banks connect savers and borrowers, process payments, and extend credit to people and companies. See how they actually make their money.

A house down payment typically runs 3% to 20% of the price. See how that range affects monthly payments, and how it compares to renting.

A rule of 72 worksheet built into a longer activity on investment risk, asset classification, and diversification for grades 6–12.

A mortgage uses your home as collateral. See how down payments, fixed and adjustable rates, and loan length shape your monthly payment.

Collateral is the asset that secures a loan. See how it protects lenders, why down payments matter too, and what happens if you stop paying.

Stocks make you a part owner; bonds make you a lender. Compare risk, returns, and stability to see how stocks vs bonds fit different investors.

A mortgage worksheet where students research real interest rates and loan terms, then compare monthly and total payments across three home prices.

See how bankruptcy works: assets get liquidated or debt gets restructured, and why the impact on credit and jobs lasts long after filing.

The history of banking spans over 4,000 years, from Mesopotamian temples to the Medici family's innovations in Renaissance Florence.

Insurance fraud means lying to an insurer for money, from staged burglaries to fake medical bills. See real scandals and the legal consequences.