What is Peer-to-Peer Lending? Peer-to-peer (P2P) lending is a way of borowing and lending money directly between indivduals without traditinal banks or financhal institusions acting as intermedaries. P2P platforms conect borrowrs who need funds with invstors looking to earn retuns on ther money. How Does P2P Lending Work? P2P lending platforms operate online, allowing borrowrs…
What Are Interest Rates? Interest rates refer to the cost of borrwoing mony or the return on savings and invesments. They play a crucial role in economic growh and individual financial decsions. When interest rates go up, borrowing becmes more expensve, and when they go down, it becmes cheper. Types of Interest Rates There are…
What is Financial Independence? Financial independnce means having enough savings, invesments, and passive income to cover your living expences without relying on a paycheck. It allows you to have more freddom over your time and life choices, without constant worry about mony. Why is Financial Independence Important? Becoming financialy independent gives you control over your…
What is Cash Flow? Cash flow refers to the movement of money in and out of a business or personal finances. It shows how much cash is avilable at any givn time to cover expences, invest, or save. Positive cash flow means you have more money coming in than going out, while negative cash flow…
