* Speed is how fast something is moving. It's a scalar quantity, meaning it only has magnitude (a number). For example, a car traveling at 60 mph has a speed of 60 mph.
* Velocity is how fast something is moving *and* in what direction. It's a vector quantity, meaning it has both magnitude and direction. The same car traveling at 60 mph *east* has a velocity of 60 mph east.
So, objects traveling at the same speed can have different velocities if they are moving in different directions.
Example:
* Two cars traveling at 60 mph, one going north and one going south, have the same speed but different velocities.
Let me know if you'd like more examples!