If you’re over the age of eighteen, you either have a retirement account or know you’ll need one. At some point in your life, you’ve probably at least thought about buying a house, a condo, or a car. And most of us understand the general idea of investing, managing our finances, and using our money to make more money. It’s the details that sometimes bog us down.
For too many people, our retirement and savings planning is limited to the annual visit from the HR department where we work. They come in, talk about insurance, assets, retirement, and mutual funds… and it all goes straight over our heads. For those of us who are self-employed and have to wade through all the options without the benefit of a human resources representative, it can be even more daunting. Mutual funds, money market accounts, stocks, bonds, derivatives… sometimes it seems as if it would be easier to keep our money under our mattresses and hope for the best. But that’s probably not an ideal solution and it makes your mattress very lumpy. So what to do?
That’s where Financial Words You Should Know comes in. While this book won’t, and shouldn’t, replace sound financial advice, it will help you better understand the advice you’re getting. It has more than 1,000 of the most commonly used financial words and phrases you are likely to come across.
Finances are important—too important not to understand. Financial Words You Should Know can help. And you won’t need to sleep on a lumpy mattress.