Go-To-Glossary

At this point in your life you’ve conquered a lot of your fears. But do you still freeze up when it comes to understanding certain financial terms?

Because you’re not the only one, nationally known financial expert Nicole Lapin has an easy to understand glossary of terms on her website, nicolelapin.com. It covers everything from Asset Allocation to Zombie Debt.

Once you’ve grasped the basics, try investopedia.com for more in-depth definitions under its Dictionary tab. It also has tutorials on topics including stocks, options, and economics.

And just so you’ll be able to sleep tonight, Zombie Debt is a debt that’s so old you’ve forgotten that you owe it, and the company you owe it to may have given up on ever seeing it. But it can come back to haunt you if it ever gets turned over to a debt collector.