07: Why Do Banks Fail?

Finance With Kids

Banks can fail for a variety of reasons, but there are some common issues the lead to their downfall. One major reason why banks fail is when they make bad investments. This could mean investing too heavily in one type of stock or taking risks that don't pay off.
Kids, if you want to be on the show, ask your adult to help you record your name, where you live, and question on a voice recording app, and then email it to [e-mail]. For example "Hi, my name is Leah, I'm 6 years old, I live in San Diego, California, and my question is--what is an asset?"
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