Financial literacy month is coming up soon (November) and I’m going to try and do my part. I read a project management article at the office recently and it caught my attention.
The thesis of the article stated poor communication is the leading cause of project failure and project inaction across all organizations, by leaps and bounds above all other factors in fact. The article went on to state “…consider a simple conversation with one other person. The person whom we are speaking with has to hear the words and how they are spoken, observe our body language, and then translate it all to gain understanding.” With all that going on, there is a lot that can go wrong when it comes to communication. It’s even worse with the written word. If the only cues you are provided are the words on a screen or page, writing in plain language is essential. As this blog matures, I hope to write with more purpose, clarity and precision than before.
In support of financial literacy next month I hope to post a few “101” articles. My “101” articles intend to distill some financial jargon down to the basics and the essentials you need to know. These articles are also expected to include a few links to other educational sites, including some blogs I enjoy for more details and further reading. This will definitely be a learning exercise for me and hopefully you’ll get something out of it as well.
I look forward to sharing these articles with you over the next month.
Do you ever get lost in financial translation? Do you get frustrated with all the financial terms and jargon to de-code?