Finance refers to the management, creation, and study of money, investments, and other financial instruments. It encompasses activities such as lending, borrowing, saving, budgeting, and investing, as well as the analysis of markets and financial systems. Finance can be categorized into three main areas: personal finance, which involves individual or household financial management; corporate finance, which deals with the financial activities of businesses; and public finance, which relates to the financial matters of government entities and public institutions. The goal of finance is to optimize the allocation of resources to maximize value and achieve financial objectives.
January marks a turning point for the Euribor, ending its nine-month decline, expected to rise to 2.52%. Homeowners won't see an increase in monthly payments despite the Euribor's rise, especially…