How can you learn financial terminology?


Quick Answer

Online resources that help consumers become financially literate include Investopedia, which provides thousands of brief articles as a part of its online financial dictionary. The site also offers many other resources, such as news articles on current capital markets events and more detailed guides and explanations of financial topics.

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Full Answer

TheFreeDictionary by Farlex also provides a Financial Dictionary covering more than 8,000 terms on its website. For individuals learning to manage their own finances, The Huffington Post recommends TD Ameritrade, which, in addition to its fee-based trading services, also provides users with access to educational tools such as a video library and virtual trading simulations. Other recommendations from The Huffington Post of companies offering similar services include E*TRADE and Scottrade, with both TD Ameritrade and E*TRADE having also been recommended by Steve Schaefer from Forbes.

David Gomez for Money Crashers also recommends MyMoney.gov, which was established by multiple branches of the U.S. federal government and aims to address the average consumer's budgeting and financial literacy needs. Other recommendations from Gomez include Khan Academy, which provides video tutorials for a range of subjects including many financial topics, as well as Biz/ed Learning Zone, which provides information about business, economics and finance topics.

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