Wealth Was Once Measured in Land, Not Money Wealth Was Once Measured in Land, Not Money (image credits: pixabay) In the tapestry of history, land has often been the thread that weaves the fabric of power and wealth. Ancient civilizations saw land as the ultimate measure of wealth. Kings, emperors, and feudal lords who controlled ...
10 Ways to Save More Money Every Month Create a Budget and Stick to It Create a Budget and Stick to It Creating a budget is like giving your finances a roadmap. By tracking your income and expenses, you can clearly see where your money is going and identify areas where you might be overspending. ...
Gold’s Performance and Outlook Gold’s Performance and Outlook (image credits: wikimedia) In 2024, gold dazzled investors with an impressive surge, rising by 27% to reach a remarkable $2,617.20 per troy ounce. This performance marked its best since 2010, catching the attention of both seasoned investors and novices alike. Major financial institutions such as JPMorgan, Goldman ...
Massive Increase in Clothing Production Massive Increase in Clothing Production (image credits: pixabay) The fashion industry has witnessed an unprecedented surge in clothing production, with over 100 billion new garments being produced every year. This staggering number translates to nearly 14 items per person across the globe. This overabundance of clothes not only leads to ...
Central Bank Digital Currencies (CBDCs) Are on the Rise Central Bank Digital Currencies (CBDCs) Are on the Rise (image credits: unsplash) Digital currencies are becoming an integral part of the financial world, and Central Bank Digital Currencies, or CBDCs, are leading this revolution. Over 130 countries are currently exploring or developing their own CBDCs, with ...
Minimalism Reduces Financial Stress Minimalism Reduces Financial Stress (image credits: unsplash) In a world filled with constant advertising and a culture that often equates success with material wealth, it’s easy to fall into financial stress. Minimalism offers a refreshing perspective by encouraging individuals to focus on what truly matters. By cutting unnecessary expenses and focusing ...
Credit Card Myths Debunked Carrying a Balance Improves Credit Scores Carrying a Balance Improves Credit Scores A common misconception is that carrying a balance on your credit card can boost your credit score. In reality, this is far from the truth. Paying off your balance in full each month is actually more beneficial for your ...
What Is an Emergency Fund? What Is an Emergency Fund? (image credits: flickr) An emergency fund is like a financial superhero, swooping in to save the day when disaster strikes. It’s a dedicated stash of money set aside specifically for those unforeseen expenses that life throws your way. Imagine your car breaks down or you ...
Materialism vs. Minimalism Materialism vs. Minimalism (image credits: unsplash) In many wealthier nations, the concept of success is often intertwined with material possessions. People in these societies may measure their worth through the accumulation of goods, such as luxury cars or large homes. This drive for materialism is frequently fueled by a consumer-driven economy that ...
Understand the Power of Mental Framing Understand the Power of Mental Framing (image credits: unsplash) The way you perceive saving can dramatically impact your financial habits. Often, people view saving money as a form of deprivation, a necessary evil that takes away from their current enjoyment. However, by reframing saving as a reward rather than ...
Chris Divay, B.Sc. Finance
Matthias Binder, M.Sc. Financial Engineering
Axel Wellington, B.Sc. Economic Policy