Finance (Speedy Study Guides) PDF (Adobe DRM) download by Speedy Publishing

Finance (Speedy Study Guides)

Speedy Publishing Books
Publication date: May 2014
ISBN: 9781633839779
Digital Book format: PDF (Adobe DRM)

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Finance is a matter that surrounds everybody's day-to-day life but not many people really understand how it works. The core definition is "the management of money and the speculation of its future value". It sounds complicated, but in reality the concept is simple. For example: whenever you purchase something with a credit card, the bank temporarily foots the bill. They give you a certain amount of time (which is usually about 30 days) to pay the balance in full. Even if you can't pay the full balance right away, you can always make payments with a little interest. It's a benefit for both sides. This benefits you if you can't pay right away and this benefits the bank because they make money on merchant fees and interest. ?
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