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UK Adults Struggle With Financial Jargon | Leicester News
A new UK report reveals that over half of adults are baffled by financial jargon like “capital gains” and “compound interest,” with many avoiding investing altogether because they feel overwhelmed. Even key changes to ISAs, such as new cash limits, leave most people confused — fewer than one in five understand the shifts. This lack of clarity is costing people opportunities to grow their money amid rising inflation. To help, app Plum has compiled a list of 25 confusing terms, aiming to simplify them so everyone can make smarter financial decisions. The bigger goal? Making finance accessible…
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