FINA = five-a
+
STERIDE = steroid
Separate finasteride into fina (sounds like five-a) and steride (sounds like steroid). Now imagine a girl on the worst date of her life holding up her five-finger hand to block the male steroids across the table. Her five fingers remind you of five-a (fina), which helps you remember 5-alpha, and her blocking gesture represents an inhibitor, making finasteride a 5-alpha-reductase inhibitor.

5-alpha reductase inhibitor
FINA = five-a = 5-alpha