Whenever someone mentions something even finance related to me, my mind does this wondrous thing where it blurs my vision and lowers the volume of that person's voice in relation to other objects in the environment. I literally DO NOT GET one out of every three words coming out of their mouths. I couldn't seem to visualise what they saying. Now, I have stumbled upon a couple of books (and a lot of links). Hopefully, they will make it easier for me to understand finance speak. First, what are Banks? Finance starts with banks. They are places where people deposit their money in the hopes of earning a stable interest. They are also places where people loan money from and pay interest in exchange for those loans (for instance, a loan to buy a house, build a business, your credit card, etc...) They usually earn when the interest they collect from people is higher than the interest they give to depositors (people who deposit their money in the bank). Ok, that sounds simp
Mesplaining
A blog where I try to explain stuff as I make sense of it through research. Don't quote me on your college essays. Don't make life decisions based on the information here. Nothing here is backed by expert advice. I sometimes question the legitimacy of the information here.