Your Family, Your Finances: Episode 6 - Understanding Banks and Banking
Dive into the fascinating world of banking with host Jeff Kikel in this enlightening episode of "Your Family, Your Finances." Journey through time from ancient civilizations to modern digital banking, exploring how banking has evolved and shaped economies around the globe. Discover the origins of banking in ancient Mesopotamia, where grain and livestock were the first "bank deposits," to the sophisticated financial institutions of today that operate at the speed of light.
Jeff brings the history of banking to life with engaging stories and humorous insights, explaining the roles of Greek and Roman banking systems and their influence on modern financial practices. Learn about the revolutionary changes brought about by the introduction of currency, the establishment of the New York Stock Exchange, and the impact of digital technology on banking today.
This episode also features interactive segments that will test your knowledge and give you a deeper understanding of how banking works. It's perfect for families looking to boost their financial literacy in a fun and engaging way.
Tune in to discover the rich tapestry of banking history and gain practical insights into the financial mechanisms that keep our world running!