Interest Rates Explained

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None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
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This mad lad is charging 25% in one week lol

zero-kvgw
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Rich Dad: In order to get more rich I have to start charging interest from my son 📈

madlad
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The "small loan of million dollars" had me dead 💀

mercyonstars
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I also want a small loan of a million dollars with -100% interest

critin_
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“Ok, but you have to pay me back 250 next week.”
Anyone who knows what the interest limit is: Wait that’s illegal.

thevillager
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"My father gave me a small lone of a million dollars" bro what

_MilkyWay_Vlogs
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That emphasis on "CAPITALISM" really hitting the meme potential spot

InEx
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Okay, we need a Series of this to explain simply such Complicated Topics. 🤣👌 This has POTENTIAL!

WallNutBreaker
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This is why I hate borrowing from people because I know I always owe them

raymondclaypole
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Interest is the height of economic injustice

scrillthebeast
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😂 small and a million aren’t the same for us small peasants

Tilb
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"My father gave me a small loan of a million dollars"
Me:

the_unknown
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This will teach a child what actually happens when you borrow in the real world. Real world experience is needed in teaching finances to children-especially teenagers.

pavlab
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PSA: This is illegal. A normal citizen is not allowed to charge interest on a loan. Only banks are allowed to do this. (It's called loan sharking if you want to look it up) There isn't much online about this but from what I can see, only a bank can charge interest on a loan and only up to 10% (I might be wrong on that percentage). This guy isn't a bank and is charging 25%?!

redstoneking
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Sure helps to be born with easy access to resources

wanwall
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That's called 5-6 in the Philippines. 5-6 is a term used to refer to charging interest at 20% or more.

chaosfriedeggz
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Donald trump: “my father gave me a small loan of a million dollars
Normal person:😲

Monke
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Great lesson, but shouldn't charge close family I feel

alexpronti
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"small loan of a million dollars"

Boxersteavee
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"I'm going to charge you 50 dollars interest!"
"Why, I'm your son?"
"Because I too am broke af"

Moxilock