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Being a bank customer and navigating everyday financial transactions can introduce you to basic banking terms and plenty of financial jargon. Do you know the difference between APR and APY? What ...
Many Americans are sorely lacking in knowledge when it comes to basic financial terms, according to new research. A recent study of 1,000 Americans over the age of 30 found less than half of partic… ...
Understanding 5 basic financial terms you should know . Jan. 25, 2021 at 6:00 am Updated Feb. 4, 2021 at 11:06 am . By . 1st Security Bank.
Let's face it: Financial talk can be confusing at times. With so much jargon, it can seem like a foreign language. It's an important language to understand, though, because if you fail to ...
Despite being one of the wealthiest countries in the world, the U.S. does not impress when it comes to basic knowledge of personal finance. Several studies have concluded that the average American ...
Researchers found that one of the most commonly misunderstood financial terms was "index fund," with 49% of participants saying they didn't have a strong grasp on what the term means.
Studying financial lingo can give you a leg up as you're preparing for retirement, because the better you understand these terms, the better equipped you'll be to serve your own best interests.
Many people still don’t understand bitcoin, but they also can’t explain index funds or Roth IRAs.
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