Articles for category: Money & Society

Why Wealth Is No Longer Just About Money

Why Wealth Is No Longer Just About Money

The Evolving Definition of Wealth The Evolving Definition of Wealth (image credits: pixabay) For generations, wealth was measured by the balance in your bank account or the assets you owned. But those days are slipping away. A recent 2024 survey by the Wealth Institute showed that 72% of people now believe wealth is about more ...

How Household Budgets Are Being Rebalanced in 2025

How Household Budgets Are Being Rebalanced in 2025

The Surprising New Reality of Family Finances The Surprising New Reality of Family Finances (image credits: pixabay) Picture this: families everywhere are sitting around kitchen tables, receipts spread out, calculators in hand, eyebrows furrowed in concentration. It’s not just a scene from the past—this is 2025, and more households than ever are revisiting their budgets ...

Why More Americans Are Delaying Major Purchases

Why More Americans Are Delaying Major Purchases

Economic Uncertainty Economic Uncertainty (image credits: pixabay) Economic uncertainty is a significant factor causing Americans to delay major purchases. Many are apprehensive about the future, as economic indicators like inflation and potential recession loom large. A recent survey from the Federal Reserve indicated that nearly 60% of consumers feel uneasy about the economy’s stability. These ...

Why Food Prices Are Rising Faster in Some Countries Than Others

Why Food Prices Are Rising Faster in Some Countries Than Others

Global Supply Chain Disruptions Global Supply Chain Disruptions (image credits: unsplash) The COVID-19 pandemic has left a profound impact on global supply chains, causing significant disruptions that have led to shortages and increased costs for food production and distribution. The World Bank highlights that these supply chain issues have caused shipping costs to rise by ...