6 Money Terms You Need To Understand

Ever felt like a deer in the headlights while reading financial advice because you couldn’t understand any of it? You’re not alone. The truth is: a lot of us weren’t taught anything about money growing up, leaving us to figure it out on our own when we get older, which often proves difficult once were of age. As you’ll know, navigating the world personal finance and all of its jargon can be pretty overwhelming. There’s just so much information out there that makes it confusing for anyone, especially novices. And even when you think you completely understand everything to do with money, you’ll find there’s still so much more to learn (concepts you’ve never heard before, words you’ve just discovered, etc.). There are no two ways about it — mastering your personal finances isn’t easy. Sometimes it can feel like you’re taking a foreign language class that you’ll never pass, no matter how much you study. But despite how hard it may feel, you can get better at money. All hope isn’t lost.

In this week’s installment of the 3-Minute Guide, brought to you by Skillshare, Erin shares a useful list of money terms everyone should be aware of. No matter your lifestyle or financial goals, it’s important to know what they mean. Trust us when we say it will make your life a hundred times easier. Head over to the TFD Youtube channel to find out what they are.

Image via Unsplash

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