The choice between BWL (Betriebswirtschaftslehre, or business administration) and Banking and Finance depends on your career goals and interests. BWL provides a broad understanding of business management, including areas such as marketing, accounting, and human resources, while Banking and Finance focuses specifically on financial institutions and markets. If you are interested in a career in banking, investment, or financial analysis, Banking and Finance may be the better choice. However, if you are interested in a broader range of business opportunities, BWL may be more suitable. It's important to consider your long-term career goals and the specific skills and knowledge you want to develop. **

Whether or not your parents finance your first car will depend on your individual circumstances. Some parents may choose to help their child finance their first car as a gift or to help them establish credit. Others may require their child to save up and pay for the car themselves to teach financial responsibility. It's important to have an open and honest conversation with your parents about your expectations and their expectations regarding the purchase of your first car. **

A mortgage is a specific type of loan that is used to purchase real estate, typically a home. It is a secured loan, meaning the property serves as collateral for the loan. On the other hand, a loan is a broader term that can refer to various types of borrowing, such as personal loans, auto loans, or student loans. Loans can be secured or unsecured, depending on the lender's requirements. **

One way to finance your first own apartment is to save up for a down payment. This can be done by setting aside a portion of your income each month until you have enough saved. Another option is to explore first-time homebuyer programs or grants that may be available in your area. Additionally, you could consider getting a loan from a financial institution, such as a mortgage or personal loan, to help cover the costs of purchasing your apartment. **

A debt collection loan shark is a person or organization that lends money to individuals at extremely high interest rates, often using aggressive or illegal tactics to collect payments. They target individuals who are in desperate need of quick cash but may not have access to traditional forms of credit. These loan sharks can trap borrowers in a cycle of debt, making it difficult for them to repay the loan and escape the high interest rates and fees. **

In the event of death with a mortgage loan, the responsibility for the loan typically falls to the deceased person's estate. The executor of the estate will need to notify the lender of the borrower's passing and make arrangements for the outstanding balance to be paid off. If there is a co-borrower or co-signer on the loan, they may become responsible for the remaining payments. In some cases, life insurance policies or other assets may be used to settle the mortgage debt. **

Whether or not your parents finance your first car for you depends on your individual circumstances and your family's financial situation. Some parents may choose to help their children purchase their first car by providing financial assistance or co-signing a loan, while others may expect their children to save up and purchase the car on their own. It's important to have an open and honest conversation with your parents about your desire to purchase a car and to discuss potential financial arrangements. **

It is not advisable to finance your entire studies with a student loan. While student loans can be helpful in covering some of the costs of education, relying solely on loans can lead to a significant amount of debt that may be difficult to repay after graduation. It is important to explore other options such as scholarships, grants, part-time work, or saving money beforehand to reduce the amount you need to borrow. It is recommended to borrow only what is necessary and to have a clear plan for how you will manage the debt after completing your studies. **