The Invisible Hand: Supply Chains in Everyday Life The Invisible Hand: Supply Chains in Everyday Life (image credits: rawpixel) Global supply chains are like the invisible puppet masters of the market. They determine what products are available, their price, and even their quality. Imagine wanting a specific brand of coffee, only to find it’s unavailable ...
Interest Rate Adjustments Interest Rate Adjustments (image credits: wikimedia) Interest rates are one of the most direct tools central banks have at their disposal. By setting benchmark interest rates, they influence the cost of borrowing and the return on savings. When central banks decide to raise interest rates, borrowing becomes more expensive. This can translate ...
Set a Clear Savings Goal Set a Clear Savings Goal (image credits: pixabay) Saving for a house deposit is like planning a long road trip. You need to know your destination before you start driving. The first step is setting a clear savings goal. Typically, you’ll need 10-20% of your target home’s price for a ...
Rising Popularity in Cities Rising Popularity in Cities (image credits: rawpixel) Co-living spaces are emerging as a prominent trend in major urban centers around the world. With soaring rent prices and a limited supply of housing, people are seeking alternatives that offer more flexibility. Co-living spaces meet this demand by providing affordable living arrangements that ...
Lack of Financial Education Lack of Financial Education (image credits: wikimedia) Many students are stepping out of school gates without a clue about how to manage money. This isn’t just about counting pennies; it’s about budgeting, saving, investing, and tackling debt. Imagine being given a map without any directions; that’s what it’s like for many ...
More Money Boosts Happiness—But Only to a Point More Money Boosts Happiness—But Only to a Point (image credits: pixabay) It’s a common belief that more money leads to more happiness, but research suggests there’s a limit to this. Studies indicate that happiness tends to increase with income, but only up to a certain threshold—typically around ...
Financial Stress Increases Anxiety and Depression Financial Stress Increases Anxiety and Depression (image credits: flickr) Financial stress is a formidable adversary, often creeping into our lives uninvited and unwanted. Studies indicate that when people are besieged by financial difficulties, they are more prone to experiencing anxiety and depression. This is primarily due to the uncertainty ...
Midtown South Rezoning in New York City Midtown South Rezoning in New York City (image credits: flickr) New York City, known for its towering skyscrapers and bustling streets, is taking a significant step toward addressing its housing crisis through the Midtown South rezoning plan. This ambitious proposal aims to revitalize a 42-block area near Penn ...
Lack of a Clear Financial Plan Lack of a Clear Financial Plan (image credits: pexels) Embarking on your investment journey without a well-defined financial plan is like setting sail without a map. Investors without a clear plan often find themselves making unfocused and haphazard decisions. To avoid this, it’s crucial to establish clear financial goals, ...
Multiple Income Streams: The Millionaire’s Secret Multiple Income Streams: The Millionaire’s Secret (image credits: unsplash) Imagine a river branching into several streams, each contributing to the flow of water. This is much like the financial strategy of self-made millionaires. Studies reveal that 65% of them have at least three income streams. It’s not just about ...
Jack Smith, B.Sc. Economics
Axel Wellington, B.Sc. Economic Policy
Matthias Binder, M.Sc. Financial Engineering