FIRE, FIRE ANTS, and Other Financial Acronyms You Need to Know ...Middle East

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FIRE, FIRE ANTS, and Other Financial Acronyms You Need to Know
The world of personal finance loves acronyms. I'm guilty of this myself; just last week I asked if you spend money like a DINK or like a HENRY. And let's be honest—there's no dignified way to say "DINK."There's a dizzying array of shortened terms that refer to financial concepts, from investing strategies, retirement plans, to personal spending habits. Understanding some of the more common acronyms can help you grasp financial lingo and speak knowledgeably. Here are some key financial acronyms and what they mean.Financial acronyms you need to knowHENRY“High Earning, Not Rich Yet.” A HENRY refers to someone who makes a high income, but has not yet accumulated enough assets to be considered tr

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