Motley Fool: How Much Savings Accounts Actually Pay

Perhaps the greatest love affair on earth is that between financial firms and their jargon. Indeed, in The Devil’s Dictionary Of Money, Your Financial Jargon Buster and What They Say – And What They Mean, I warned Fool readers to be very wary of the gibberish and mumbo jumbo which financial companies use as part of their ‘confusion marketing’.

As we know, a mug punter who doesn’t understand the rules of a gamble is a prime target to be ripped off. Equally, if you don’t understand the language of finance, then you’re at risk of being taken for a ride. Thus, you need to know at least a little vocabulary before you start shopping around for financial products….

Continue reading this article at the Motley Fool

Leave a Comment

Your email address will not be published. Required fields are marked *