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Article
The Balance

The Balance: Do Tax Cuts Create Jobs? If So, How?

For Students 9th - 10th
Learn about different types of tax cuts the government can use to help control unemployment. The article explains how tax cuts create jobs, but it also suggests other steps the government can take that may be more effective.
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Article
The Balance

The Balance: u.s. Military Budget: Components, Challenges, and Growth

For Students 9th - 10th
Defense spending in the second largest budgetary item in the U.S. national budget. This explains in general terms how the funds are allocated and provides a chart showing military spending since 2003.
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Article
The Balance

The Balance: Interest on the National Debt and How It Affects You

For Students 9th - 10th
The national debt is difficult to comprehend but this article explains it in layman's terms. It also provides a chart that projects the amount of public debt and the interest owed on it over the next ten years.
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Article
The Balance

The Balance: Sin Tax: Definition, Their Pros and Cons, and Whether They Work

For Students 9th - 10th
Both the federal government and many state governments impose "sin taxes" that tax items and activities which are considered socially harmful. This article explains these taxes and shows how much states and the federal government raise...
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Article
The Balance

The Balance: Learn About Fica, Social Security, and Medicare Taxes

For Students 9th - 10th
Without understanding FICA, many high school students who begin working are shocked when they get their first paychecks. This article clearly explains these payroll taxes and what they mean for both employees and employers.
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Article
The Balance

The Balance: Savings and Loans, S&l History and Operation

For Students 9th - 10th
Savings and Loans are specialized banks which support home ownership in communities. Modern banking laws have changed to role of savings and loans, as this article explains.
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Article
The Balance

The Balance: What Is a Mutual Savings Bank (Msb)?

For Students 9th - 10th
While there are fewer than 500 Mutual Savings Banks left in the United States, they are an interesting change from most banks. This article explains the way MSBs work and how they differ from other banking institutions.
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Article
The Balance

The Balance: What Is Income Per Capita

For Students 9th - 10th
Income per capita can mean several things, depending on how it is measured. This article explains the various measurements, as well as other ways to measure income.
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Article
The Balance

The Balance: What Is a Share Draft?

For Students 9th - 10th
This article explains the differences between credit union share draft accounts and commercial bank checking account, and explains the pros and cons of such accounts.
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Article
The Balance

The Balance: What Is a Demand Deposit?

For Students 9th - 10th
Demand deposits are the kinds of bank accounts that most people are familiar with. This article explains what they are and how they differ from other types of accounts such as money market accounts or certificates of deposit.
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Article
The Balance

The Balance: Branks vs. Credit Unions

For Students 9th - 10th
Banks and credit unions offer many of the same services but there are significant differences between them. Learn what they are so that you can make intelligent financial decisions.
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Article
The Balance

The Balance: What Is a Multinational Corporation?

For Students 9th - 10th
This is a clear explanation of the several types of multinational corporations, the differences between multinational and domestic corporations and the pros and cons of each.
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Article
The Balance

The Balance: An Introduction to the Financial Markets

For Students 9th - 10th
This article explains what the different types of financial markets are, including stocks, bonds, commodities, and derivatives, as well as what the functions of financial markets are.
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Article
The Balance

The Balance: u.s. National Debt Clock: Definition and History

For Students 9th - 10th
This article explains what the U.S. National Debt is, how it is financed, the purpose of the National Debt Clock, and what causes the debt to grow or remain stable.
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Article
The Balance

The Balance: The Pros and Cons of Online Banking

For Students 9th - 10th
This site explains online banking including the advantages and the possible drawbacks.
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Article
The Balance

The Balance: 8 Reasons You Need an Emergency Fund

For Students 9th - 10th
This site discusses 8 reasons to have a saving or emergency fund including to stop adding to your debt, just starting budgeting, and saving for a goal.
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Website
The Balance

The Balance: Emergency Cash Reserves: How Much Money You Should Have Set Aside

For Students 9th - 10th
This site is a beginner's guide to money, including how much money should you put aside for emergencies.
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Article
The Balance

The Balance: Who Needs Life Insurance? 10 Ways You Can Use Life Insurance

For Students 9th - 10th
This site focuses on who needs life insurance and ways you can use it. It also offers links to other types of insurance.
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Website
The Balance

The Balance: Personal Insurance: Basics to Help Understand How Insurance Works

For Students 9th - 10th
This website focuses on personal insurance basics such as home, car, health,and life insurance. It also provides information about insurance companies and offers tools and calculators.
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Article
The Balance

The Balance: How Is Unemployment Controlled?

For Students 9th - 10th
This article provides a brief, clear explanation of some of the means the government has of controlling unemployment when it climbs above 4%.