Vocabulary words
Storyboard Text
- Hi, this commercial will be tackling the importance of finance. Everyone should try to discipline themselves when spending, and DO NOT FALL FOR INTRODUCTORY RATES!
- I was able to open up this pizza shop because I had a good credit score. The bank also trusted me with a loan, and I remained responsible with my loan term.
- A while ago, I was in debt but by following the steps of the debt snowball, I was able to become financially stable. Make sure to not consistently impulse purchase with your credit card, this caused me to go into debt. I couldn't even pay my annual fee from my credit card company. I also had extremely high APR fees which consistently drained my wallet.
- I luckily was able to get out of debt and turn my life around because I followed Dave Ramsey's tactics. My good friend Dave Ramsey would always tell me about the importance of tax deductions and how they could save you a lot of money.
- Lastly, you guys should make sure not to forget about depreciation. This is when the value of an item decreases over time; for example, a car could depreciate in value.
- Thank you guys for watching! I hope this helps you with whatever financial issues you may have.
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