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Understanding Your APR Can Help You Start Recession-Proofing

In our latest Finance Friday video installment, we come to understand the importance of knowing your APR or Annual Percentage Rate on borrowed money and credit cards.

by Staff
June 22, 2022
Understanding Your APR Can Help You Start Recession-Proofing

Understanding financial terms can help you make your money work for you.

Image from Steve Buissinne from Pixabay

1 min to read


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. 

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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: 


Originally posted on Modern Salon

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