27 Financial Terms You Need to Know — Part 2: Credit & Budgeting (Beginner)

27 essential financial terms every young adult needs to know — beginner level, covering credit, budgeting, and getting started with your money. Each term is explained in plain language with no jargon.

Timestamps:
0:00 Intro
0:12 Credit Card
0:24 Interest Rate
0:34 APR
0:47 Minimum Payment
1:00 Grace Period
1:13 Annual Fee
1:23 Secured Credit Card
1:34 Rewards / Cash Back
1:48 Credit Score
2:05 Credit Report
2:19 Credit Bureau
2:33 Credit Utilization
2:44 Hard Inquiry
2:59 Soft Inquiry
3:11 Budget
3:23 Zero-Based Budget
3:39 Fixed Expenses
3:51 Variable Expenses
4:06 Needs vs Wants
4:19 Emergency Fund
4:35 Savings Goal
4:47 Pay Yourself First
5:01 Autopay
5:13 Routing Number
5:26 Living Paycheck to Paycheck
5:39 Cost of Living
5:54 NSF Fee

This is Part 2 of 6 in the Financial Literacy Terms series:
→ Part 1: Income & Taxes (Beginner): https://youtu.be/oTt7Av1KBAg
→ Part 2: Credit & Budgeting (Beginner) — this video
→ Part 3: Debt & Insurance (Intermediate) — https://youtu.be/Y67I8ETH1A4
→ Part 4: Investing & Retirement (Intermediate) — https://youtu.be/2UmtCkSMGhg
→ Part 5: Wealth & Tax Strategy (Advanced) — https://youtu.be/DMJ-03hfe0Y
→ Part 6: Real Estate & Markets (Advanced) — https://youtu.be/palWJhUzhQQ

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Видео 27 Financial Terms You Need to Know — Part 2: Credit & Budgeting (Beginner) канала Quenchy Vibes