Understanding 5 basic financial terms you should know

Listening to financial professionals can often feel like hearing a foreign language. The terms used and their perceived complexity keep many interested people standing on the sidelines — but these terms are usually a lot more straightforward than you think. Below, we’ve compiled a list of financial terms everyone should know. You’ll probably be vaguely familiar with most of them, but it’s important to really understand what they mean and how they can impact your personal financial decisions.

Read the full article in the Finances FYI section of The Seattle Times, sponsored by 1st Security Bank.