"Interest is not an accidental, historical, legal category, which makes its appearance only in our individualistic and capitalistic society and will will vanish with it, but an economic category which springs from elementary economic causes and therefore, without distinction of social organization or legislation, makes its appearance wherever there is an exchange between present and future goods." - Eugene von Böhm-Bawerk
The founder and CEO of Integrated Financing Jonathan Fodera and today we're taking a look at the some of the tougher financial dilemmas facing the world today. From business owners taking out loans to pay for things they can't afford to the dangers of paying the minimum on credit card bills to the frequency of missed car payments in 2023, there are a lot of murky financial waters out there and we have Jonathan here to lay out some truths that may not be the easiest to hear. His advice is to write things down, make sure you get your questions answered, and spend within your means and from a man with as much financial background and success as Jonathan, that is advice you can take to the bank.