Articles for author: Jack Smith, B.Sc. Economics

Universal Basic Income: A Solution or a Trap?

Universal Basic Income: A Solution or a Trap?

The Promise That’s Dividing Nations The Promise That’s Dividing Nations (image credits: unsplash) Imagine receiving $1,000 every month, no strings attached, just for being alive. This isn’t science fiction anymore – it’s Universal Basic Income, and it’s happening right now in places you might not expect. Finland tried it with 2,000 unemployed people from 2017 ...

Global Recession Playbook: 2025 Edition

Global Recession Playbook: 2025 Edition

Tech Giants Face Historic Layoffs as Revenue Streams Dry Up Tech Giants Face Historic Layoffs as Revenue Streams Dry Up (image credits: pixabay) The technology sector, once considered recession-proof, experienced unprecedented workforce reductions throughout 2023 and 2024. Amazon, Meta, Google, and Microsoft collectively eliminated over 150,000 positions, according to data from TechCrunch’s layoff tracker. These ...

How to Hedge Against a Global Recession in 2025

How to Hedge Against a Global Recession in 2025

Diversify Into Safe-Haven Assets Like Gold and Silver Diversify Into Safe-Haven Assets Like Gold and Silver (image credits: pixabay) When recession fears grip the markets, precious metals have historically served as reliable shelters for worried investors. Gold prices surged over 25% during the 2008 financial crisis, and silver followed suit with impressive gains throughout that ...

Top 6 Alternative Investments the Wealthy Are Quietly Buying

Top 6 Alternative Investments the Wealthy Are Quietly Buying

Private Equity and Venture Capital Funds Private Equity and Venture Capital Funds (image credits: pixabay) The ultra-wealthy are pouring billions into private equity and venture capital funds, with global private equity assets under management reaching $4.5 trillion in 2024 according to McKinsey research. These exclusive investment vehicles offer returns that often outpace traditional stock market ...

The 6 Most Overlooked Tax Deductions for 2025

The 6 Most Overlooked Tax Deductions for 2025

Home Office Deduction Beyond the Simplified Method Home Office Deduction Beyond the Simplified Method (image credits: unsplash) Most taxpayers stick to the simplified home office deduction of $5 per square foot up to 300 square feet, but this caps your deduction at just $1,500. The actual expense method often yields much higher savings, especially with ...

How to Eliminate High-Interest Debt in 90 Days

How to Eliminate High-Interest Debt in 90 Days

The Harsh Reality of America’s Debt Crisis The Harsh Reality of America’s Debt Crisis (image credits: unsplash) Did you know that the national average card debt among cardholders with unpaid balances in Q1 2025 was $7,321, up 5.8% from $6,921 in Q1 2024? That’s just the tip of the iceberg. The Federal Reserve’s G.19 consumer ...

The 7 Rental Property Mistakes Costing You Big Time

The 7 Rental Property Mistakes Costing You Big Time

Skipping Proper Tenant Screening – Your Number One Enemy Skipping Proper Tenant Screening – Your Number One Enemy (image credits: unsplash) Here’s something that might surprise you: evictions cost $3,500 on average and can take as long as 3-4 weeks, making a bad tenant one of the most expensive mistakes you can make. Yet countless ...

The 7 Rental Property Mistakes Costing You Big Time

The 7 Rental Property Mistakes Costing You Big Time

Skipping Proper Tenant Screening – Your Number One Enemy Skipping Proper Tenant Screening – Your Number One Enemy (image credits: unsplash) Here’s something that might surprise you: evictions cost $3,500 on average and can take as long as 3-4 weeks, making a bad tenant one of the most expensive mistakes you can make. Yet countless ...

The 5-Step Emergency Fund Plan That Actually Works

The 5-Step Emergency Fund Plan That Actually Works

Why Traditional Emergency Advice Falls Short Why Traditional Emergency Advice Falls Short (image credits: unsplash) Here’s the shocking truth most financial gurus won’t tell you: Nearly 40% of Americans aren’t prepared to handle a $400 emergency expense. Even worse, 42% of Americans don’t have an emergency fund at all, while 59% of Americans wouldn’t cover ...