Financial Literacy Vocabulary Pt. 1
As promised readers, we are going to get through this heap of information on financial literacy together. I know a lot of my blogs are aimed at African Americans and systemic issues we face, but this information can honestly be useful for anyone who feels that they lack information on financial literacy and want to make a promising change for themselves and their children. I'm pro black, but I'm also pro human (meaning I want everyone to be the best version of themselves that God made them) Now that I'm done with my dissertation, let's focus up! I think we should start with vocabulary. This will probably be broken into two separate post because it's lengthy. If you want to make flash cards like my spouse or just jot these down then feel free to grab your supplies and get going! Amortization: making payments on a loan over a period of time. The interest and principle are usually included in the payments made. Annual Fee: yearly fee credit card comp...