Beginner’s Guide to: Understanding Financial Terms

As a millennial woman, I know many of my peers shy away from conversations about money and becoming financially fit for fear of looking dumb for not knowing the basics. Financial terms are spoken and we hear Charlie Brown’s teacher and stop listening. I want to help break down self-imposed barriers that could be keeping us from confidently making smart money moves. In an interview for Mint, I was asked off the record if I thought that women view money management differently than men. While some people believe women are not confident in making big financial decisions, I’m inclined to disagree.

When armed with the proper tools to make sound financial choices, women prove to be confident, powerful, and commanding in their financial choices.

Every week, She Makes Cents will introduce a financial term with hopes to empower you to expand your financial literacy. For some this is a refresher and for others, it may be the first time that you understand, what these terms mean and how they affect YOUR money. Either way, you are arming yourself to take the lead in your own financial situation and achieve the goal of living the fabulous life while being financially savvy!

If there is a financial term you want explained, shoot us an email and we will answer it on the site. Stay tuned tomorrow when we talk investments and returns.

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Email SMC: shemakescents@gmail.com

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