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Get the answers to hundreds of financial questions with How Money Works , including how to invest for the future, how to maximise your income, how financial markets work, and how governments control money. Discover essential know-how on everything from debt management to online fraud, and learn to manage your own money from payments to pensions. This intriguing guide breaks down the jargon of the financial world, with insights into personal, business, and governmental finance, and giving you the definitions to cash flow, bonds, superannuation, the open market, and hundreds more. Fully up-to-date with the latest financial developments, including quantitative easing and cryptocurrencies such as Bitcoin, How Money Works is your indispensable guide to the world of money.
In graphics, charts, and diagrams, How Money Works demystifies processes and answers the hundreds of financial questions we all have. Money facilitates the billions of transactions that take place every day across the globe.
Getting your money to work for you means that you need to understand how interest works.
Understanding interest is one of the basics of understanding how money works. Interest is the fee paid for using someone else's money.