LINGO

Bolded acronyms and financial terms throughout this site are defined alphabetically here.

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401k - retirement account, typically matched by employer, gains taxed upon withdrawal

C

compound Interest - interest on interest reinvested

D

dividends - a distribution of profits by a corporation to its shareholders (you)

dry powder - cash reserves 

F

FI - Financial Independence

FI/RE - Financial Independence, Retire Early

H

HCOL - High Cost of Living

I

index fund - a collection of hundreds or thousands of stocks and/or bonds

individual stock - the stock of a single company

L

LCOL - Low Cost of Living

low buy - limiting spending in any category for any length of time

M

MCOL - Medium Cost of Living

N

no buy - completely cutting spending in any category for any length of time

R

Roth IRA - retirement account, gains not taxed upon withdrawal

T

Traditional IRA - retirement account, gains taxed upon withdrawal