2332: MONDAY MASTERY - Is Peer-To-Peer Lending a Good Way To Make Money? by Cindy With Women Who Money

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🗓️ 5 June 2023

⏱️ 9 minutes

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Summary

Cindy with Women Who Money talks about the value of peer-to-peer lending Episode 2332: MONDAY MASTERY - Is Peer-To-Peer Lending a Good Way To Make Money? by Cindy With Women Who Money The co-founders of Women Who Money are Amy Blacklock from Life Zemplified and Vicki Cook, from Make Smarter Decisions. Vicki and Amy connected initially online and eventually met in person at a financial conference in the fall of 2017. They’ve both reached financial independence and left full-time work to devote more time to family, pursue passion projects, and embrace fun and challenging opportunities. They enjoy collaborating on original content and sharing great articles written by and for women. The original post is located here: https://womenwhomoney.com/peer-to-peer-lending-make-money/ Visit Me Online at OLDPodcast.com Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, Episode 2332, is peer-to-peer lending a good way to make
0:06.4	money by Cindy with WomenWhoMoney.com.
0:10.3	And I'm your host and personal finance enthusiast, Diana Mariam.
0:14.5	Welcome to another Monday mastery episode here on Optimal Finance Daily, where each Monday
0:19.9	we take a look at an article that features a more complex personal finance topic.
0:25.2	So with that, let's get right to our next article and start optimizing your life.
0:33.7	Is peer-to-peer lending a good way to make money by Cindy with WomenWhoMoney.com?
0:40.5	Are you tired of lackluster interest rates?
0:43.7	Concerned about the record highs of the stock market?
0:46.7	Searching for an easy way to diversify your portfolio into alternative investments and
0:51.4	achieve solid returns?
0:53.8	If you answered yes to any of these questions, then peer-to-peer lending may be an investment
0:58.3	strategy worth considering.
1:00.9	What is peer-to-peer lending?
1:03.3	Peer-to-peer lending or peer-to-peer lending allows you to loan money directly to borrowers.
1:09.0	It effectively cuts out the middleman, the bank or lending institution, lenders, individual
1:14.9	investors, and borrowers, typically smaller companies or individuals.
1:19.9	Come together online via a peer-to-peer lending company or platform.
1:24.9	For borrowers, peer-to-peer lending offers several advantages over traditional lending practices,
1:30.9	like competitive interest rates, less paperwork, and faster decisions for approval.
1:37.1	This relatively new market is growing rapidly.
1:40.4	Price Waterhouse Coopers estimates the peer-to-peer lending market could reach $150 billion by 2025.
	...

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