These 22 sketches make complicated financial concepts simple enough to fit on a napkin
- Napkin Finance is a multimedia company that aims to break down complicated financial concepts through text, video, and illustrations.
- It covers topics like insurance, stocks, debt, student loans, crowdfunding, estate planning, and even bitcoin.
- Every explanation is simple enough to fit on a napkin.
Tina Hay doesn't think in numbers.
In 2002, enrolled in a finance class while pursuing her MBA from Harvard Business School, she realised that her classmates who came from the world of banking and consulting were acing the coursework without a problem, while she struggled to master the concepts foreign to her liberal arts background.
So, she started to draw.
"I think more visually," Hay told Business Insider. "I've always put numbers into illustrations and understood them that way, especially finances and money."
Hay didn't stop sketching, and today, her business school drawings have turned into something bigger: Napkin Finance, a multimedia company that aims to introduce people to complicated financial concepts through videos, text, and of course ... napkins.
We're not talking bar napkins with a few pen strokes on the back, but rather digital illustrations that go through months of development between former bankers, financial advisers, and an illustrator to nail the perfect visual intro to nuanced concepts such as compound interest, student loans, and credit scores.
Below, 22 of the most popular and beloved explainers from the Napkin Finance team:
Bull and bear markets
Paying for college
Risk v. reward
Long-term care insurance
Internal rate of return
How to finance a startup
Receive a single email every morning with all our latest news: Sign up here.
Also from Business Insider South Africa:
- The 4 stages of a break-up: Old Mutual’s move from international playboy to devoted African business
- Walkout! Senior managers responsible for 25% of STAR revenue pack their bags
- We tried burgers from Steers, Burger King, Wimpy, and McDonald's. The winner was clear.
- I was so fed up with traffic that I bought a motorbike - and the results were surprising
- Capetonian allergy sufferers can now track how much pollen is in the air – thanks to this nifty piece of equipment