An embodiment of the invention discloses a video recording method and device and a computer readable storage medium, and belongs to the technical field of multimedia. The method is applied to a terminal comprises at least one camera, and comprises the following steps: determining a selected lyric special effect, and obtaining special effect processing information corresponding to the lyric specialeffect according to a correspondence relation list between lyric special effects and special effect processing information; in the video recording process, playing a selected song, and collecting a video picture by utilizing the camera; carrying out face recognition on the video picture to obtain a face recognition result; and based on the face recognition result, carrying processing on the lyrics playing currently according to the special effect processing information, and displaying the processed special effect lyrics. The method is characterized by obtaining the special effect processing information corresponding to the selected lyric special effect, carrying out face recognition on the collected video picture, and displaying the special effect lyrics obtained after processing according to the special effect processing information, thereby enabling the video picture to be associated with the special effect lyrics, enriching recorded video content and optimizing the video recordingeffect.