What is a Bank? Lessons in Money for Kids

Schiel Wealth Management Kids! In this lesson Chad explains what a bank does, and how to use the bank for both lending and borrowing. Interest is also explained in detail showing how both you and the bank make money.

Chad Schiel is a Registered Representative offering securities and advisory services through Independent Financial Group, LLC, a registered broker-dealer and investment advisor. Member FINRA/SIPC. Office of Supervisory Jurisdiction: 9911 Irvine Center Drive, Suite 100, Irvine, CA 92618-4329. Independent Financial Group and Schiel Wealth Management are not affiliated entities. California Insurance License #0G82354. For a list of states in which we are registered to do business, please visit http://www.schielwealthmanagement.com.

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