Finance as a Second Language

November 23, 2010

The ABCs of finance includes an alphabet soup of financial jargon and lingo that can be as confusing as a foreign language for some employees.  Starting with abbreviations like APR, BRIC, ETFs, FSAs, HSAs, IRAs, and ending up with terminology like zero coupon bonds, it is no wonder that many employees give up on trying to figure out how to translate their benefits and investment options.  It gets really confusing for employees that have a spouse that works for a government agency or a non-profit since the spouse’s 401(k) might actually be called a 403(b) or TSA.  Continue reading “Finance as a Second Language”