‘The borrower is always a slave to the lender’. I refuse to be that slave. Living without borrowing money and being in debt helps me sleep well.
Posts tagged as “debt”
Borrowing money is the act of receiving money from a lender with the promise to repay it at a later date, with interest. Check basic rules how to borrow.
When companies need money, they have many choices of sources of finance. And, the choice they make can tell you more about the company.
Bonds, or debentures, are fixed-income financial instruments, essentially long-term loans issued by a business to investors.
A long-term bank loan is provision of finance by the lender to the business for a long period of time. The lender is a commercial bank.
Budgeting is important for having clear financial situation. Create a simple budget and system to follow it, if you do not have one already.