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Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:01.11,0:00:03.63,Default,,0000,0000,0000,,- Hi, everyone. Sal Khan\Nhere, from Khan Academy.
Dialogue: 0,0:00:03.63,0:00:06.60,Default,,0000,0000,0000,,And I just wanted to\Nintroduce you and welcome you
Dialogue: 0,0:00:06.60,0:00:10.02,Default,,0000,0000,0000,,to our financial literacy course.
Dialogue: 0,0:00:10.02,0:00:14.43,Default,,0000,0000,0000,,Why financial literacy?\NWell, money is everywhere.
Dialogue: 0,0:00:14.43,0:00:16.50,Default,,0000,0000,0000,,And if you don't understand money,
Dialogue: 0,0:00:16.50,0:00:18.75,Default,,0000,0000,0000,,it can easily take control of your life.
Dialogue: 0,0:00:18.75,0:00:21.12,Default,,0000,0000,0000,,But if you know what its uses are,
Dialogue: 0,0:00:21.12,0:00:23.46,Default,,0000,0000,0000,,what the pros and what the cons are,
Dialogue: 0,0:00:23.46,0:00:25.41,Default,,0000,0000,0000,,then it becomes a powerful tool for you,
Dialogue: 0,0:00:25.41,0:00:27.84,Default,,0000,0000,0000,,a control over resources.
Dialogue: 0,0:00:27.84,0:00:30.51,Default,,0000,0000,0000,,So as you'll see in this\Nfinancial literacy course,
Dialogue: 0,0:00:30.51,0:00:31.80,Default,,0000,0000,0000,,you're going to learn everything
Dialogue: 0,0:00:31.80,0:00:36.75,Default,,0000,0000,0000,,from understanding your\Npaycheck, to taxes and savings,
Dialogue: 0,0:00:36.75,0:00:40.05,Default,,0000,0000,0000,,and many, many, many very\Nother important things.
Dialogue: 0,0:00:40.05,0:00:41.73,Default,,0000,0000,0000,,And if it isn't obvious to you
Dialogue: 0,0:00:41.73,0:00:43.77,Default,,0000,0000,0000,,that this is important to\Nyour life, I will tell you
Dialogue: 0,0:00:43.77,0:00:46.41,Default,,0000,0000,0000,,that there's a lot of folks,\Nsome with big salaries,
Dialogue: 0,0:00:46.41,0:00:48.39,Default,,0000,0000,0000,,who end up not having any savings
Dialogue: 0,0:00:48.39,0:00:49.62,Default,,0000,0000,0000,,and having to struggle for money.
Dialogue: 0,0:00:49.62,0:00:53.67,Default,,0000,0000,0000,,And there's other folks who\Nhave maybe more modest means,
Dialogue: 0,0:00:53.67,0:00:55.80,Default,,0000,0000,0000,,but are financially literate,
Dialogue: 0,0:00:55.80,0:00:58.17,Default,,0000,0000,0000,,and are able to save,\Nwho are able to budget,
Dialogue: 0,0:00:58.17,0:00:59.49,Default,,0000,0000,0000,,who are able to think about things
Dialogue: 0,0:00:59.49,0:01:02.37,Default,,0000,0000,0000,,that might happen in their\Nlife and plan accordingly.
Dialogue: 0,0:01:02.37,0:01:05.04,Default,,0000,0000,0000,,And those people are usually just fine.
Dialogue: 0,0:01:05.04,0:01:07.29,Default,,0000,0000,0000,,Now, another aspect of financial literacy,
Dialogue: 0,0:01:07.29,0:01:08.12,Default,,0000,0000,0000,,a lot of people say,
Dialogue: 0,0:01:08.12,0:01:10.08,Default,,0000,0000,0000,,"Well, of course, I\Nwould love to save money,
Dialogue: 0,0:01:10.08,0:01:13.44,Default,,0000,0000,0000,,but that seems so daunting to\Ntry to save a large amount,
Dialogue: 0,0:01:13.44,0:01:14.64,Default,,0000,0000,0000,,so that I could buy a car,
Dialogue: 0,0:01:14.64,0:01:16.98,Default,,0000,0000,0000,,or put a down payment on a\Nhouse, or whatever else."
Dialogue: 0,0:01:16.98,0:01:18.75,Default,,0000,0000,0000,,And what you'll see in this course,
Dialogue: 0,0:01:18.75,0:01:20.49,Default,,0000,0000,0000,,and as you go through this course,
Dialogue: 0,0:01:20.49,0:01:21.96,Default,,0000,0000,0000,,it isn't just about information,
Dialogue: 0,0:01:21.96,0:01:24.18,Default,,0000,0000,0000,,it's about thinking about\Nthe world in a different way.
Dialogue: 0,0:01:24.18,0:01:25.08,Default,,0000,0000,0000,,Creating habits,
Dialogue: 0,0:01:25.08,0:01:27.60,Default,,0000,0000,0000,,realizing that if you\Ncreate the right habits,
Dialogue: 0,0:01:27.60,0:01:29.13,Default,,0000,0000,0000,,what might seem like a small thing,
Dialogue: 0,0:01:29.13,0:01:31.23,Default,,0000,0000,0000,,spending a few dollars less per day
Dialogue: 0,0:01:31.23,0:01:35.97,Default,,0000,0000,0000,,can add up over time in\Nvery, very, very big ways.
Dialogue: 0,0:01:35.97,0:01:37.23,Default,,0000,0000,0000,,Now, the other thing about this course,
Dialogue: 0,0:01:37.23,0:01:38.94,Default,,0000,0000,0000,,it isn't just videos and articles,
Dialogue: 0,0:01:38.94,0:01:41.55,Default,,0000,0000,0000,,it's also practice,\Nmastery-based practice,
Dialogue: 0,0:01:41.55,0:01:43.99,Default,,0000,0000,0000,,which means you have as\Nmany chances as you need
Dialogue: 0,0:01:43.99,0:01:45.66,Default,,0000,0000,0000,,and as many items as you need
Dialogue: 0,0:01:45.66,0:01:49.08,Default,,0000,0000,0000,,to really make sure that\Nyou are fluent in the topic.
Dialogue: 0,0:01:49.08,0:01:51.60,Default,,0000,0000,0000,,And that's really important,\Nbecause between the videos
Dialogue: 0,0:01:51.60,0:01:53.10,Default,,0000,0000,0000,,where you'll get a\Nlittle bit of background,
Dialogue: 0,0:01:53.10,0:01:54.96,Default,,0000,0000,0000,,and the articles, where\Nyou'll also get background,
Dialogue: 0,0:01:54.96,0:01:57.23,Default,,0000,0000,0000,,and the exercises, if you go through this,
Dialogue: 0,0:01:57.23,0:01:59.10,Default,,0000,0000,0000,,I can guarantee you that\Nyou're gonna be able
Dialogue: 0,0:01:59.10,0:02:02.37,Default,,0000,0000,0000,,to look at the world in a\Ndifferent and very powerful way,
Dialogue: 0,0:02:02.37,0:02:04.98,Default,,0000,0000,0000,,and also help many folks around you.