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futures (noun (plural))

Futures are financial contracts that obligate the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price. They are primarily used in trading to hedge against price volatility or to speculate on the future value of commodities, currencies, or stocks.

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Think of 'FEW-CHORES.' If you buy 'futures' now, you will have 'few chores' (less work/stress) later because you already...

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Using 'future' instead of 'futures' for contracts. → I am trading gold futures.

Confusing futures with options. → Futures are obligations; options are choices.