01: What is Finance?

Finance With Kids

Join us for this episode where we will discuss what is finance and how money actually works.
Finance is the management of money and other assets. It includes how you save, spend, invest, borrow and protect your money. Understanding finance helps us make smart decisions with our finances so we can reach our goals. This could mean saving up to buy a new bike, a toy you want, or making sure you have enough money to pay for college tuition. No matter what your financial goals are, understanding finance will help you reach them.
Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to [e-mail]. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego, California, and my question is--what is an asset?"
Adults, do you want gain free access to tools, videos, and other great resources to build better financial skills and achieve higher levels of success? If so, join one of our free communities today at: https://www.byfiq.com/community
Also, check out these three courses that will help sharpen your financial and investing acumen:
Boosting Your Financial IQ
Understanding Financial Statements
Investing in Stocks and Financial Assets
When you're ready to start living an abundant financial life, take a look at one of our accelerator programs.
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This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in Coltivar or its Affiliates. (An offering to invest in a Coltivar fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by Coltivar, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results.

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