What is tax? – Introduction 👋 Tax is money that people and businesses have to pay to the government. Disclaimer: This website provides information for guidance and educational purposes only. The Grown-Up School does not provide regulated financial advice. You can seek independent financial advice from a… Read More »What is tax? 💸
What is a KPI (Key Performance Indicator)? – Introduction 👋 A KPI is a target to show how well things are going. 🎯 For example, A business might say, “Our target was to make £100, and we have made £100. We have achieved 100% of… Read More »What is a KPI (Key Performance Indicator)? 📈
What is YTD (Year to Date)? – Introduction 👋 Year to date (YTD) refers to the time between the first day of the year up to the current date. It’s another way of saying “So far this year”. E.g. “So far this year/year to date… Read More »What is YTD (Year to Date)? 📆
What is yield (money)? – Introduction 👋 Your “yield” is how much money you’re making in income from something over time. For example, your “monthly yield” could be how much money you’re making from renting out a house each month. Disclaimer: This website provides information… Read More »What is yield (money)? 🌽
What is the wealth gap? – Introduction 👋 Wealth gaps are situations where a small number of people own the most wealth. They have been an issue under discussion in countries like the UK and USA. Wealth gaps mean that most people are poorer. Money… Read More »What is the wealth gap? ⚖️
What is a tabloid? – Introduction 👋 Tabloids are small newspapers that are about half the page size of an ordinary newspaper. They usually have lots of photos and shorter stories, including more stories about crime, sports, and celebrity gossip. Tabloids are used by people… Read More »What is a tabloid? 🗞️
What are white goods? – Introduction 👋 White goods are large appliances that are used in the home. For example, this includes things like: that are used in homes. White goods are appliances that were traditionally made of white metal. Today they can be made… Read More »What are white goods? 🔌
What is vernacular? – Introduction 👋 Vernacular describes the type of words that ordinary people use in an area/country. For example, the words “mom” or “soccer” are both common parts of the vernacular in the USA. Vernacular is the language that is native to a… Read More »What is vernacular? 💬
What is libel? – Introduction 👋 Libel is when a person’s writing contains false details about someone, that damages their good reputation. It’s another confusing “grown-up word”, that you hear a lot in the news. “Libelous statements” (false details/information) are usually found in writing, in… Read More »What is libel? 🙊
What is the “Bottom Line”? – Introduction 👋 The “bottom line” has two main meanings: Bottom line = how much money a company makes. For example, you might hear someone say, “All the business thinks about is their bottom line”. It also means- Bottom line… Read More »What is the “Bottom Line”? 📊