Archive for December, 2019

Dec 26

Money supply: M0, M1, and M2 | The monetary system | Macroeconomics | Khan Academy

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In this video, learn about the two measures of money that are part of the money supply – M1 and M2 – as well as the monetary base (which is sometimes called M0).

Watch the next lesson: https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/factional-reserve-accounting/v/simple-fractional-reserve-accounting-part-1?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics

Missed the previous lesson? https://www.khanacademy.org/economics-finance-domain/macroeconomics/monetary-system-topic/fractional-reserve-banking-tut/v/full-reserve-banking?utm_source=YT&utm_medium=Desc&utm_campaign=macroeconomics

Macroeconomics on Khan Academy: Topics covered in a traditional college level introductory macroeconomics course

About Khan Academy: Khan Academy offers practice exercises, instructional videos, and a personalized learning dashboard that empower learners to study at their own pace in and outside of the classroom. We tackle math, science, computer programming, history, art history, economics, and more. Our math missions guide learners from kindergarten to calculus using state-of-the-art, adaptive technology that identifies strengths and learning gaps. We’ve also partnered with institutions like NASA, The Museum of Modern Art, The California Academy of Sciences, and MIT to offer specialized content.

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Subscribe to Khan Academy’s Macroeconomics channel: https://www.youtube.com/channel/UCBytY7pnP0GAHB3C8vDeXvg
Subscribe to Khan Academy: https://www.youtube.com/subscription_center?add_user=khanacademy

There’s just so much confusion surrounding the money supply that it isn’t even funny. What’s the monetary base? What are M1 and M2? What’s the difference between the money supply and the monetary base?

… the list could go on and on.

Today, I’ve taken things one step at a time by initially defining and explaining the money supply. I’ve then moved on to the definition and explanation of the monetary base, of M1 as well as M2.

Finally, I did my best to help people figure out how to interpret central banking decisions and outcomes through a proper understanding of the monetary supply. For example, the effects of QE on the monetary base compared to its effects on M1 and, finally, its effects on M2.

If you’d like to follow me on social media, use one of the links below:

https://www.facebook.com/oneminuteeconomics

https://ro.linkedin.com/in/andrei-polgar-9a11a561

Dec 26

K&M Accounting and Tax Services News 14 Coverage

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K&M Accounting and Tax Services featured on News14 Carolina TV on March 3rd 2010. Krutika Chheda – President of K&M Accounting and Tax Services provides insight into the Tax Planning activities for 2010 and prevent tax fraud along with BBB (Better Business Bureau).
Video Rating: / 5

Dec 03

How To Manage Your Money (50/30/20 Rule)

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How To Manage Your Money (50/30/20 Rule)

In this video I present a high level overview on how to manage your money using the 50/30/20 Rule.

Money management is 90% discipline and 10% knowledge. The 50/30/20 rule will force you to create a budget and understand where every single one of your after-tax dollars is going.

50% of your budget should be spent on needs which are are things that are essential to life and that you literally cannot live without.

30% should be spent on wants which could be classified as things that bring you joy and happiness, but are NOT essential to living. (Dining out, entertainment, hobbies, etc.)
The final 20% should be spent on savings, paying off debt, and retirement planning.

I feel like a lot of people confuse wants for needs, and we know the difference deep down, but we really want the one that we don’t have the self-discipline to say no.

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My mission is to provide my viewers with actionable content that enables them to create financial wealth. My videos are a reflection of my real-world experience as a real estate investor, stock market investor, student of finance, and entrepreneur.

This channel allows me to share my passion for personal finance, stock market investing, real estate investing, and entrepreneurship. I produce content that I would want to watch, and because of that, I give 100% effort in every video that I make. I also believe in complete transparency and open communication with my audience.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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