Explain This Finance Term
By Kenji · Published · Updated
Explains any finance term in plain language with one everyday analogy, when it matters, and the mistake people make, in under 150 words.
Prompt template
## Explain This Finance Term Explain a finance term to someone with no finance background. - The term: [text: e.g. dollar-cost averaging] - Who is asking: [dropdown: Teenager, Young adult, Parent, Retiree, Small business owner] Keep the whole answer under 150 words, because a short explanation gets read and remembered. Open with a one-sentence definition in everyday words, with no jargon that itself needs defining. Then give one analogy from daily life that maps onto how the term really works. Add one sentence on when the term matters for a normal person, and finish with the single mistake people most often make with it.