BouncyDonut
BouncyDonut

Financial jargons

How many of you find financial jargons confusing. There are so many terms that we hear - debt, elss, liquid funds blah blah So many fin- influenzers telling something or the other on social media and with time to fill ITR nearing closer its all more bombardment.

Do you think a need of much simpler explaination?

26mo ago
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SquishyBanana
SquishyBanana
Fisdom26mo

Note them and lookup their meaning on the internet for a month. They’d became natural to you

PeppySushi
PeppySushi
Swiggy26mo

Best ignore all of these and use chatgpt. Ask chatgpt to explain to you like a 10 year old kid.

SquishyQuokka
SquishyQuokka
Gojek26mo

It’s fairly easy to understand any jargon once you realise the underlying reason for its existence. Would you rather say debt or “amount of money owed to some entity”? You need to define terms to reduce the words required to explain it.

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