What is the difference between saving and investing?
What is the difference between saving and investing? The terms saving and investing are used interchangeably by many. It’s not a big mistake, as both start from the fact that you don’t spend your existing income in full, but set aside some of it. I mean, you want to live a little better. Since saving […]
The inflation
The meaning of inflation Inflation is nothing more than a general and lasting rise in the price level. Accordingly, we cannot talk about inflation when the price of a few product has risen or there has been only a temporary rise. Inflation is a process, the rate of which is determined as a percentage of […]
The compound interest
What is compound interest? Let’s start at the very beginning: what is compound interest. Compound interest is nothing more than when you do not take out the interest earned on the investment, but reinvest it, and then at the end of the period you also reinvest the growth achieved in the amount thus increased. Do […]