what do loans and interest mean by my angle?
A loan is defined as a personal promise to pay money with interest for a certain period.
Interest is the result of a landing workout.
This allows you to take out a loan and pay about 2% interest on 100 rupees to own 98 rupees.
It means you only have to pay 2 Rs to own 98 Rs, but you lose that money. You have to pay 102 rupees.
But the thing is, you have to pay the money back to the landowner.
If you put the money into real assets, then you can find the real money.
This means that you can grow money with other money just by paying the interest. You could then acquire that amount.
I can show you that it is a magical tool, but if you do not know how to use it, believe me, it will not spare you in this life. So before playing with this tool, you should gather money and play with that. When you can make a constant profit, you can start playing with this tool.
Make an informed decision for yourself.
THANK YOU
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