Harbouring Lazy Money?
Do You Own Lazy Money? When it comes to wealth management, money can do two things. It can earn interest, or buy stuff. Your money can earn interest: Your money may be lent to a financial institution and in return they pay you an interest rate. For example, a bank may accept money from you, the depositor. They lend it out to a borrower. The bank charges the borrower an interest rate, and then keeps a spread/portion of the rate charged to the borrower. The bank covers their ex