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What is bankruptcy?
Manage episode 416941528 series 2762338
Bridget and Ryan are studying at the library, hoping to answer Maebinn’s question about bankruptcy. The duo discovers an epic fantasy storybook about a bankrupt prince and his dangerous and frustrating journey to declaring bankruptcy. There are a lot of tricky rules! They learn about the different types of bankruptcies for people and businesses, and why bankruptcy can sometimes give folks a financial fresh start but is still an option of last resort for those who can’t pay their debts. Along the way, they’ll also meet knights, princesses, wizards, and even some lawyer elves.
If your family is interested in learning more, check out the page for this episode at our website. We’ve got discussion questions and tips for learning more!
This episode is sponsored by Greenlight. Get one month free and earn $10 today when you sign up for Greenlight at greenlight.com/million.
92 odcinków
Manage episode 416941528 series 2762338
Bridget and Ryan are studying at the library, hoping to answer Maebinn’s question about bankruptcy. The duo discovers an epic fantasy storybook about a bankrupt prince and his dangerous and frustrating journey to declaring bankruptcy. There are a lot of tricky rules! They learn about the different types of bankruptcies for people and businesses, and why bankruptcy can sometimes give folks a financial fresh start but is still an option of last resort for those who can’t pay their debts. Along the way, they’ll also meet knights, princesses, wizards, and even some lawyer elves.
If your family is interested in learning more, check out the page for this episode at our website. We’ve got discussion questions and tips for learning more!
This episode is sponsored by Greenlight. Get one month free and earn $10 today when you sign up for Greenlight at greenlight.com/million.
92 odcinków
Wszystkie odcinki
×1 How do people pay for things when they retire? 27:20
1 Why do we have pennies? (and more money questions) 23:55
1 What’s the difference between brand-name items and generics? 28:00
1 Why is there so much gold at Fort Knox? 28:14
1 What does money have to do with climate change? 25:12
1 How does the economy work? (and other important money questions) 28:30
1 Why does it feel so good to spend money? 31:00
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