We are hearing about the threat of a looming recession, and we know there are steps we could take to prepare, right now--but what are they? 

Personal finance expert, Anna Manukyan, is also the Senior Director, Education and Creative at Ulta Beauty, so she understands money and she understands the life of a salon professional.   Manukyan knows that staying on top of your finances can feel a bit overwhelming...so she offers up short videos that explain key finanical terms and why they matter. 

In this video, the acronym of the day is “APR” or Annual Percentage Rate. Find out if your APR is fixed or variable and why it matters.

This is the latest in our FINANCE FRIDAY Instagram video series: 

 

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Originally posted on Modern Salon