Debt

When You’re Suffocated by Debt

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It's severe suffocation when you are overwhelmed in debts, have racing thoughts, live paycheck to paycheck, and cannot sleep. You also worry if the debt collectors will contact your employer. In America, 78% of...
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Unemployment & Suicides: The Next Wave Of Crisis

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This wave of economic suicide will perhaps surpass the lives taken by the deadly virus itself. The economic hardships caused during Covid-19 have surpassed those of the 1930s Great Depression and the 2008 Global Financial...
basic income

Living on Unconditional Basic Income: How would UBI change lives at all wealth levels?

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If you are reading this article, you are curious about universal/unconditional basic income (UBI) or you already know lots about it and want to learn more. In this article, I wanted to discuss how...
emergency fund, finance, strong, thrive

The greatest financial lesson from the current pandemic

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The lockdown due to the current health crisis has impacted everyone mentally, physically and financially. However, the financial impact from the lockdown will affect individuals and businesses unequally. While some companies and people focus...
Quantitative Easing

Is Quantitative Easing to Blame for Lower Yields?

6168
Synopsis: Following the 2008 financial crisis, Central Banks around the world responded aggressively, cutting interest rates significantly (500 bps by the FED) and in some cases, into negative territory (-0.40% for the ECB). This...
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Saving for Growth Starts Now

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Easy money. Wishful and unmotivating, those words are akin to “instant gratification.” The human desire is to get something for nothing. That’s the fantasy, but 99.9 percent of the time, not the real world. Wealth...
assets

Socialism will Only Make Income Inequality Worse

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A few weeks ago, the New York Times ran an article regarding the implementation of a “Wealth Tax.” Both Sanders and Warren are fans of this type of levy which would tax the accumulated...
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Universal Basic Income

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With the threat of automation, a possible recession, and other societal problems, people have been calling for a Universal Basic Income. In 2018, nearly half of Americans supported this idea in hopes to reduce...
Basic Income

Are We Ready For a Universal Basic Income?

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The idea of a Universal Basic Income is picking up pace all over the world, but are we ready? How would you like a pre-assigned sum of money credited directly into your bank account, every...
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Unconditional Basic Income Is All Good, Despite What the Nay-Sayers Tell You

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I’m a little miffed. I read a lot of comments on social media and published articles about universal basic income. There is a lot to like about it. I follow the information because, as...