I have recently learned that it is possible to jump around text in bash using the following commands:

Ctrl + A	Goes to the start of the line.
Ctrl + E	Goes to the end of the line.
Ctrl + B	Goes 1 character to left.
Ctrl + F	Goes 1 character to the right.
Alt + B	Goes to the start of the word.
Alt + F	Goes to the end of the word.

It is also possible to remove text:

Ctrl + U	Delete from start of line to current character.
Ctrl + W	Delete from start of word to current character.
Alt + D	Delete from current character to end of word.
Ctrl + K	Delete from current character to end of line.