Financial Literacy Is So Important, Especially Around Tax Time

  • 7 months ago
Learning about personal finance is life changing and it goes beyond learning how to budget. Here’s how to decipher common and important personal finance terms. PennyGem’s Johana Restrepo has more.

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Transcript
00:00 learning about personal f
00:06 learning how to budget. H
00:09 common personal finance t
00:12 money talks news. A. P. R
00:15 rate, the annual cost to
00:18 alone. This percentage re
00:21 as well as fees associate
00:24 A. P. Y. Stands for annua
00:27 This percentage shows how
00:30 or the amount you pay to
00:33 difference between a P. Y
00:36 a P. Y. Includes compound
00:40 compound interest as the
00:43 earned from savings or ow
00:46 allocation refers to the
00:49 you own and how much mone
00:52 People often diversify th
00:55 multiple assets to be abl
00:58 and take advantage of the
01:00 Forbes. Your net worth is
01:04 all of your assets and yo
01:06 all of your assets and su
01:09 to get this number.
01:10 [MUSIC PLAYING]

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