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What is bankruptcy?

What is bankruptcy?

FromMillion Bazillion


What is bankruptcy?

FromMillion Bazillion

ratings:
Length:
33 minutes
Released:
May 7, 2024
Format:
Podcast episode

Description

Bridget and Ryan are studying at the library, hoping to answer Maebinn’s question about bankruptcy. The duo discovers an epic fantasy storybook about a bankrupt prince and his dangerous and frustrating journey to declaring bankruptcy. There are a lot of tricky rules! They learn about the different types of bankruptcies for people and businesses, and why bankruptcy can sometimes give folks a financial fresh start but is still an option of last resort for those who can’t pay their debts. Along the way, they’ll also meet knights, princesses, wizards, and even some lawyer elves.
If your family is interested in learning more, check out the page for this episode at our website. We’ve got discussion questions and tips for learning more!
This episode is sponsored by Greenlight. Get one month free and earn $10 today when you sign up for Greenlight at greenlight.com/million.
Released:
May 7, 2024
Format:
Podcast episode

Titles in the series (50)

Million Bazillion is a podcast from Marketplace that inspires families to talk about money. Described as “a godsend for anyone who knows a little kid with big questions about money,” by The New York Times, the podcast tackles questions from: “What is cryptocurrency?” to “How do I save money?” and “How does inflation work?” Hosts Ryan Perez and Bridget Bodnar take listeners on an awesome adventure to answer the awkward, complex and sometimes surprising money questions from real kids. Million Bazillion is made possible in part by The Ranzetta Family Charitable Fund and Next Gen Personal Finance, supporting Marketplace’s work to make younger audiences smarter about the economy. This podcast is presented by Greenlight, the debit card and investing app for kids and teens.