The Illusion of Generosity The Illusion of Generosity (image credits: pexels) Billionaires often make headlines with their charitable donations, but the reality of their generosity is more complex than it seems. Many people believe that these wealthy individuals are making significant contributions to society through their philanthropy. However, a closer look reveals that the impact ...
The Power of Emotional Appeal The Power of Emotional Appeal (image credits: unsplash) Advertising is not just about showcasing a product; it’s about creating an emotional connection with you. Companies often use emotional appeal to tug at your heartstrings. For instance, you might see an advertisement that showcases a happy family enjoying a meal together, ...
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 ...
FOMO Drives Impulse Spending FOMO Drives Impulse Spending (image credits: pixabay) Social media platforms are like a never-ending parade of luxury and exclusivity. Every swipe, tap, or scroll can bring up images of lavish vacations, high-end gadgets, and the hottest fashion trends. This constant exposure to curated content significantly amplifies the Fear of Missing Out, ...
When you hear about generational wealth, it might seem like an unattainable dream, something only the ultra-rich can achieve. But the truth is, many families strive to build and preserve wealth to pass down to future generations. However, the path to maintaining this wealth isn’t always straightforward. In fact, the majority of families face struggles ...
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 ...
Explosion of Financial Content Explosion of Financial Content (image credits: pixabay) Social media platforms have evolved into bustling hubs for financial advice, where influencers dominate the scene with content on investing, budgeting, and the ever-volatile world of cryptocurrency. Platforms like YouTube, TikTok, and Instagram have become the new-age classrooms for anyone looking to dip their ...
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 ...
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 ...
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 ...
Jack Smith, B.Sc. Economics
Axel Wellington, B.Sc. Economic Policy
Matthias Binder, M.Sc. Financial Engineering