Insurance
a practice or arrangement by which a company or government agency provides a guarantee of compensation for specified loss, damage, illness, or death.
What is insurance?
8.3%
What is the current inflation rate?
You dont need any money.
How much money do you need for loans.
You can earn money from loans while you cant with savings.
Why is investing better?
Credit cards can borrow money that you don't have.
What can credit cards do that debt cards cant?
Life,Renters, auto and homeowners.
What are the basic types of insurance?
in 1921 inflation reached -10.2%
What was the lowest inflation?
You repay the loan in installments.
How do you payback loans?
Saving is safer than investing.
Which is the safest option?
Debt cards is money you own currently.
What are debt cards?
Life insurance
Demand
What causes inflation?
Student, Personal and auto
What are the common type of loans?
Investing is more popular.
Which is more popular investing or saving?
Credit cards are like loans but in smaller amounts.
Private Mortgage insurance
What is the least common insurance type?
The number of bills would devalue the worth of the U.S dollar.
Why cant we just print more money?
Secured personal loans.
What is the least common type of loan?
The best way to invest is slow safe investments.
Why can saving be considered better than investing?
Some insurance has very specific criteria and some companies only cover a certain amount
Issues with insurance?
Many countries are facing high rates of inflation.
Personal loans.
What is the easiest loan to get?
Can you make money off of both investing and saving?
Investing can make more money in the long run.
Why can investing be better for people trying to make money.