Finance Basics explains essential money concepts in simple words. Learn about inflation, interest rates, EMI, banking, credit scores, savings, and personal finance fundamentals to make smarter financial decisions. This category is designed for beginners who want to understand how money, banks, and the economy work in real life.
Common Money Mistakes in Your 20s: Your 20s are one of the most powerful decades of your life financially. What you do (or don’t do) with money during this period can decide whether your 30s and 40s feel free and secure—or stressful and suffocating. Unfortunately, most people are never taught how money actually works. Schools […]
Banks earn money by lending deposits, charging interest, and offering financial services. This article explains how banks make profit in simple words with real-life examples.
Understand what EMI is, how it is calculated, and how loan interest works with real-life examples.
Iranian Rial Collapse: Inflation can quietly destroy an economy, but in Iran, the process has been anything but silent. Over the years, the Iranian Rial has lost a massive portion of its value, pushing everyday goods out of reach for ordinary citizens and raising serious concerns about Iran’s long-term economic stability. What was once a
What is Inflation? Inflation means a general rise in prices over time, which reduces the purchasing power of money.This article explains inflation in simple words with examples. Inflation is a key economic concept that refers to the persistent rise in the general price level of goods and services over a period of time. When inflation