Finances of the elderly
How do you multiply your money?
Saving
Investing
Consumption
What does it mean to save?
Protection of wealth held
Giving up part of consumption
Spending money wisely
Forms of saving:
Bonds
Bank deposit - fixed, variable, progressive interest rate
Savings account
What is a Internet banking?
a method of banking in which transactions are conducted without internet
a method of banking in which transactions are conducted electronically via the internet.
it can be considered a form of offline banking
What is a bank loan?
A bank loan is when a bank offers to lend money to consumers for a certain time period
A bank loan is a private money lend
None are correct