Personal vs Business Loans: 5 Basic Differences – Advantages

personal vs business loan

In countries where financial literacy is not high, people generally feel the need to do research before taking out a loan. In other words, since they do not know the basics of the subject very well, the process of taking out a loan seems complicated to them. The first thing that comes to their mind … Read more

Central Bank Communication: The Key to Economic Transparency and Stability

Central Bank communication

There has been loads of philosophic, social and economic discussions from the ancient Rome to our modern world about what the root of power and wealth is. However, after 2000’s and especially along with the emerging of the globalism, it has become a widely-accepted fact that if you want to be highly-respected and powerful country … Read more

2008 Financial Crisis vs. 1929 Great Depression: How Do They Compare?

2008 financial crisis

Since the birth of the modern economy, all economies in the world have struggled with various crises. In this context, since we have turned from a barter economy to a money-based structure, we have been looking for the most accurate form of financial management. According to some, the Great Depression of 1929, which is believed … Read more

Financial Literacy: A Comprehensive Guide to Financial Freedom

what is financial literacy

There are some basic concepts in life that are not taught as a subject in schools in most countries, but it is impossible to be successful without mastering them. Just like etiquette, these basic concepts also have an important place in our lives. Sometimes we realize this, and sometimes unfortunately we do not. When we … Read more