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Watch this video, which discusses financial institutions like banks and credit unions, where you can save, borrow, and manage your money. You can also buy and sell investments, such as stocks and bonds, which often earn a higher interest rate depending on the risk you are willing to take.
Source: Khan Academy, https://youtu.be/szUhmDH98oQ?si=5ZAHYQ3-MmHeM8dg This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 License.