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What if Splitwise has a feature of adding interest rate? My friends owe me money on which I would love to earn something at least!

💡How Do Banks Really Work? Here's a Simple Visual Guide! 🏦 1️⃣ Banks take deposits from customers at ~4% interest. 2️⃣ They lend that money to borrowers at ~10% interest. 💰 The 6% spread is their profit. 🔍 Key Banking Terms You Should Know:

We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we

Hi what are your thoughts on Compound interest Let's say if I invest 10000 Rs every month for 40 years at an annual interest of 8% then after 40 years My invested amount = 48 lacs Money I will get = 3.51 cr But will it really be worthy with an a

Hey guys did you think that pw is the another byjus??? because it grown in a short term period of time although there work is great but at the end it's investors money they want growth not any good cause

today's my lucky day i've started something! helped my 1st customer⚡⚡ if anyone wants quick loan at reasonable interest rate contact me-ssr10b4844@gmail.com hoping for something good!!

🌍 Global Markets Rally as Interest Rate Cuts Loom Markets worldwide saw a sharp rise this week amid growing expectations that major central banks may cut interest rates earlier than expected. The S&P 500 climbed 2.5%, while the Nifty 50 hit a recor

How about a platform which connects farmers and citizens. Platform which supports farmers in every step from Sowing to harvesting > selling by providing proper guidance, soil testing, fertilizers, machinery at some fee as debt which can be paid afte

The rich avoid taxes with a strategy called “Buy, Borrow, Die”, by using assets as collateral to borrow money, and write off interest as a tax deduction Step 1: Buy assets (hold to avoid taxes from selling) Step 2: Borrow money at low interest rate

Two major decisions yesterday: 1. Federal Reserve pauses interest rate hikes, it remains at 5.25% - 5.50% 2. FED Chair Jerome Powell said there will be no more cut in interest rates "until we have greater confidence inflation is going back to 2%"