Credits and Deposits

Commodity-money relations are accepted in modern society. You need to know how to manage finances. There is an opinion that money makes money. This is simplified but absolutely true. The increase in the money supply can be achieved in several accessible ways.

Deposit
One of the opportunities for passive income. The consumer provides the financial-banking structure the opportunity to use a certain amount of money. That is, by placing a certain amount on a deposit account with the obligation not to withdraw the money for a certain period, the client allows the bank to use this amount at its discretion. For this, the bank pays a small percentage at the end of the deposit period. Money made money.

Credit
This is a loan that the bank provides to the client at a certain interest rate. On the one hand, the client returns more than they took, consequently – loses money. But look at it from another point of view: credit funds can be put into circulation and earn a profit greater than the interest for using the credit. This is a mutually beneficial deal.