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

The Future of Suburban Living: Is the City Exodus Permanent?

The Future of Suburban Living: Is the City Exodus Permanent?

The Rise of Suburban Living The Rise of Suburban Living (image credits: wikimedia) In the last few years, a noticeable shift has emerged as many city dwellers are heading towards the suburbs. This trend gained momentum during the COVID-19 pandemic when people sought more space and tranquility. According to the National Association of Realtors, a ...

How to Create Generational Wealth Without a Six-Figure Salary

How to Create Generational Wealth Without a Six-Figure Salary

Understanding Generational Wealth Understanding Generational Wealth (image credits: pixabay) Generational wealth is a concept that involves passing down assets from one generation to the next, offering financial stability and opportunities for future family members. This wealth can manifest in various forms such as cash, real estate, stocks, and businesses. A report by the Federal Reserve ...

Why the Rich Are Buying Farmland and You Should Pay Attention

Why the Rich Are Buying Farmland and You Should Pay Attention

The Rise of Farmland Investment The Rise of Farmland Investment (image credits: pixabay) In recent years, a significant trend has emerged: wealthy individuals and institutional investors are increasingly purchasing farmland. This growing interest can be attributed to a variety of factors, such as asset diversification, long-term appreciation, and the rising demand for food. A report ...

Why Millennials and Gen Z Are Rethinking Homeownership

Why Millennials and Gen Z Are Rethinking Homeownership

Changing Financial Priorities Changing Financial Priorities (image credits: unsplash) Millennials and Gen Z are increasingly prioritizing financial stability over the traditional goal of owning a home. Student debt has played a significant role in this shift, with many young adults facing an average debt of around $30,000. According to the Federal Reserve’s 2022 report, 43% ...

How Social Class Affects Your Money Mindset Without You Realizing It

How Social Class Affects Your Money Mindset Without You Realizing It

Understanding Money Mindset Understanding Money Mindset (image credits: Wikimedia) Money mindset is a term that encompasses the beliefs and attitudes we hold about money. These beliefs can shape how we think about spending, saving, and investing. For instance, someone with a positive money mindset might view money as a tool for creating opportunities, while someone ...

Why Wages Are Stagnating While Corporate Profits Skyrocket

Why Wages Are Stagnating While Corporate Profits Skyrocket

The Paradox of Economic Growth The Paradox of Economic Growth (image credits: pixabay) Economic growth is often seen as a tide that lifts all boats, but recent trends suggest otherwise. Despite a booming economy and record-breaking corporate profits, wages for the average worker have barely budged. This paradox can be perplexing. How can companies be ...