... and Credit Life: The Price of Status and Financial Risks According to data from Wells Fargo, 30% of millennials take out loans to keep up with status and impress others. Social media, the availability of credit tools, and a changed attitude towards finances have made living in debt commonplace. What risks does this pose, how can one avoid the debt trap, and why is financial literacy more important than status? We discuss this in the article. Millennials and Living on Credit: The Price of Status ...

... pushing for changes in the country's monetary policy, calling for the government to be given the right to influence the Central Bank's decisions. The high key rate, which has reached 21%, puts companies in front of a difficult choice, limiting access to financing for investment and development. In this article, we will discuss how the proposal to change the law on the Central Bank may affect the Russian market, what prospects it opens up for investors and businesses, and what risks may arise from increased ...

... risks associated with debt burdens and prefer to limit themselves to new credit obligations, which also affects the overall level of demand. How Are Banks Adapting to New Conditions? To maintain customer trust and provide at least minimal access to financing, some banks have started implementing a strategy of reducing initial credit limits. This approach allows banks to offer credit cards to customers but with reduced risks. Over time, with consistent payments, limits can be increased. This measure ...

... a reduced sensitivity of businesses to interest rates. Increasing Debt Burden on Companies: Many enterprises rely on credit resources to maintain working capital and expand their businesses. In the context of sanctions and limited access to foreign financing, the Russian lending market remains one of the few pillars for companies. Inflationary Expectations: High inflation risks and rising prices for essential goods compel companies to strive for expansion and investments, including through borrowed ...

... during winter and summer sessions. Funding and Participation Terms: Y Combinator offers startups $500,000, of which $125,000 is provided under standard terms in exchange for 7% equity, and the remaining $375,000 is offered as conditional additional financing (SAFE - Simple Agreement for Future Equity). Training and Mentorship: Within the program, startups receive regular consultations from mentors, helping them accelerate development and avoid common pitfalls. Continuity Fund The Continuity Fund ...