Beginners Guide to Money: Simple Finance Terms Explained скачать в хорошем качестве

Beginners Guide to Money: Simple Finance Terms Explained

Welcome back! I’m Mariann Kitten, and today we're slowing things down and making personal finance simple, clear, and beginner-friendly. After last week’s video, my son kindly informed me that some of the financial terms flew right over his head—so today we’re fixing that! In this video, we cover the most important personal finance terms you need to know before diving deeper into budgeting, early retirement, and investing. If you’ve ever felt overwhelmed by money jargon, this is the perfect place to start. What We Cover in This Video: ✔ What assets and liabilities really are ✔ How to calculate your net worth (and why negative net worth isn’t the end of the world) ✔ Understanding income (beyond just a paycheck!) ✔ Budgeting basics and living within your means ✔ Why an emergency fund is essential ✔ The true cost of interest rates ✔ Mortgage principal vs. interest ✔ Why credit scores matter ✔ How inflation affects your money ✔ The magic of compound interest (my personal favorite!) Whether you're just starting your financial journey or brushing up on the basics, this video will help you build a solid foundation—without the confusion. 👉 Quote of the Week: "Know what you own, and know why you own it." — Peter Lynch Thanks for joining me for the whole kitten kaboodle! Stay safe, be good, and I’ll see you in the next one. 💛