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understanding Financial affidavits a [Music] guide hello everyone Welcome to our English language learning Channel today were going to demystify an important but often confusing term you might encounter in legal and financial documents financial affidavit whether youre dealing with legal matters going through a divorce or involved in any financial litigation understanding this term can be crucial so lets break it down together in a simple and understandable way a financial affidavit is a legal document that lists all your financial details think of it as a snapshot of your financial life on paper this document includes information about your income expenses assets and debts when you sign a financial affidavit youre swearing under oath that everything youve stated in the document is true and accurate to the best of your knowledge its often used in court cases or legal proceedings related to finances such as divorce settlements child support or loan applications the importance of a