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 ...
Lack of Financial Literacy Lack of Financial Literacy (image credits: pixabay) Understanding basic financial concepts is akin to learning how to ride a bike; without the right knowledge, you’re likely to stumble. A National Financial Educators Council survey highlights a staggering 60% of Americans failing a basic financial literacy test. This lack of understanding can ...
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 ...
Definition of the Gig Economy Definition of the Gig Economy (image credits: pexels) The gig economy is a modern labor market characterized by short-term contracts and freelance work, as opposed to traditional full-time employment. It has grown significantly due to platforms like Uber, Lyft, and Upwork, which offer flexible work arrangements. According to McKinsey, about ...
Understanding Money Mindset Understanding Money Mindset (image credits: pexels) Money mindset is essentially how we think about money, and it can shape every financial decision we make. It’s like having a pair of glasses through which we see our financial world. People from different social classes often wear different “glasses,” influencing their attitudes toward spending, ...
The Allure of Fast Food The Allure of Fast Food (image credits: pixabay) Fast food has become an integral part of modern life, providing quick meals for busy schedules. However, the convenience of fast food comes with hidden financial costs. While a single meal may seem inexpensive, frequent visits can quickly add up. For instance, ...
Piggy Banks: From Coins to Digital Savings Piggy Banks: From Coins to Digital Savings (image credits: pexels) Growing up, many of us were introduced to the concept of saving money through a simple piggy bank. The idea was straightforward: drop your spare change in and watch it grow. However, in today’s increasingly digital world, the ...
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 ...
Jack Smith, B.Sc. Economics
Chris Divay, B.Sc. Finance
Chris Divay, B.Sc. Finance