Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

describe the saving-borrowing-investing cycle

Sagot :

The saving-borrowing-investing cycle generally begins with consumer borrowing to fund their purchases and for seed capital. They then use this capital to invest in their future, which then allows them to bring in more money. They then are able to use income to pay off their loans and to save.