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3 June, 20:49

In 4-6 sentences explain the savings-borrowing-investing cycle.

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  1. 3 June, 22:27
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    First, you will try to save as much money as you can if you want to start your own business, for example. Then, you may realize that what you have saved is not enough. This is the moment when you will go to a bank to borrow money in order to finish your ventures. You will then use that money to invest in something and hope it will pay off. Then you will pay back the money you earned and start the cycle again by saving.
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