Whether you’re giving an office presentation, serving as a guest speaker or chatting with your friends or family, it’s important to know your audience when explaining financial concepts. Not everyone comes from a financial background.
Fortunately, there are ways to close the communication gap between finance speakers and nonfinance audiences, such as avoiding technical language, using simplified charts and speaking slowly and stopping periodically to ask for questions.
At some level, everyone needs to understand how financial concepts affect their lives. You can help by giving them important information they can retain and build upon.