These days, the world of finance is quite difficult to navigate, not to mention a highly competitive startup ecosystem. A person has to think about many things, including planning for pensions, insurance, savings, taxes. All of this can be even more difficult if you are simultaneously working on developing your business or trying to keep an existing one afloat.
Unfortunately, serious financial problems can arise in people's lives and these problems usually arise at the most unexpected time. Even if you are responsible and competent in your finances, even in this case, sometimes it is not possible to avoid a currency crisis.
A financial cushion is a confidence and the ability to take risks in anticipation of higher returns. In the event of a crisis, this money will help to stay afloat until the situation changes or a way out is found.
A co-borrower is a person who signs a bank loan agreement with the borrower and, as a result, receives the same rights and obligations as the principal debtor. A co-borrower of a bank is an equal participant in a bank loan, to which the creditor has the right to demand the fulfillment of all obligations, as well as the main debtor.
The topic of getting rid of debt is relevant to most people. Few have such valuable financial freedom and are not burdened with any debt. This refers both to the debts of friends, acquaintances, relatives, and various bank loans. Debt is one of the hardest burdens to bear. Especially morally - the understanding that you must press on the soul.