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4 Money Management Tips for First-Time Entrepreneurs

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Over 82% of business failures occur as a result of financial mismanagement and cash flow issues. Starting a new business venture can be a very time-consuming and stressful process. While it is important to...
Money

Wealth Creation Grows from Purpose

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Money maven Patrice C. Washington wants people to keep their priorities straight. She urges everyone to chase purpose, not money. “Live your life’s purpose, find fulfillment and earn more without chasing money,” she said, redefining...
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Are you wasting your time on Switching Costs?

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Switching costs might not be a term you are familiar with. And reading the words for the first time might not give you even a remote glimpse into their definition. Some people would think...
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A New Era of Lending: Blockchain Based Loans

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Current Issue Without a history of credit, it is nearly impossible to receive a loan from traditional financial institutions. Banks typically heavily weigh someone’s credit score in assessing whether to issue a loan and in...
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How to Build a Successful Goal

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We have many desires in life. To be successful, rich, well-liked, healthy, respected, desired, attractive, and many more. For some people, achieving these goals is either easy or has been achieved already through winning the...
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Budgeting is Key in Obtaining the Lifestyle You What

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Finances can be rough to talk about - but the conversation is neccessary. 62% of those with a budget say it makes them feel more in control of their finances, 55% say it improves...
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The Dangers of using Spending as a Reward

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“Treat Yourself.” It’s a very common phrase these days. And it can mean a variety of things. Either you should indulge because everything’s been going very badly and you deserve something positive in your...
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Can Any Formula Tell You How Much Money To Save?

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We are led to believe that there is a way to properly prepare for any financial disaster. But in the current (rapidly changing) economic climate, is that still true? Not too long ago I...
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Making University Finances Easier

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This September, just like every September of every year, thousands of 18+-year-olds are being sent off by their parents in pursuit of "Higher Education endeavors" across Europe and/or generally all over the world. This September,...
Rising tide lifts all boats

The rising tide that doesn’t lift all boats

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Every day there is a major event that will move the markets. Trade wars, currency wars, oil wars, pandemics, depression levels of unemployment, conspiracy theories; you name it Are there any more surprises left? Perhaps. With complete...
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Inflationism: State-Sponsored Monopoly or the Economic Strategy

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Money is a fiscal unit that functions as a generally accepted medium of trade for transactional purposes. But that unit does not maintain its given value all the time. The money can lose its value...
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How Wirecard Concealed Its €1.9 Billion Plothole

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Good luck squeezing out of this one. Wirecard, the major German payment processing company, has shown in an audit that its books are missing around €1.9 billion in cash. It turns out, as per external...
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France: Debt Woes are Overstated

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Synopsis: Debt levels in the public sector have been on an uptrend since the GFC, matching the trend seen in most advanced economies. Nevertheless, the statistic in isolation paints an incomplete picture. Recently enacted...
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A Complete Guide to Equity Research – Part 3

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Equity Analysts Part 3: Trading Strategies with Analyst Forecasts In this third part of our series on equity analysts, we are going to explore a series of trading strategies that are made possible thanks to...
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Value of Currency, Gold vs. Fiat; The Genuine and Spurious

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Money is a verifiable document commonly admitted as payment for goods and services or repayment of debts. It functions as a standard of exchange, a unit of account, a reserve of value, and seldom...
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We Need To Start Teaching Personal Finance in Education NOW

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If there is one thing the crisis has taught us, is that no one seems to have a clue what's going in our financial system. And why would they? When were you taught about...
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10 Rules for Easy Retirement – Avoid at Own Peril

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Ready for comfy retirement? Ain’t gonna happen! In just about 3 years I will be eligible for pension by reaching 65 years of age. Yeeeey … how great is that? … NOT. A person works a...
New Chapters

Tragic Plot Twist Opens New Chapters

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The aftermath of a major life-changing event -- a tragedy -- would not have been how Tim Lewis wanted to change his profession. Yet, it was a stark realization that tightened his grip on...
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How 20 Minutes a Day can Save Your Finances

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There never seems to be any time for introducing changes to your life. Especially big changes simply seem too daunting to implement. We find excuses, get back into our comfort zone. Life just passes...
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Could Modern Monetary Theory Save America?

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I Become President For A Day To Apply Modern Monetary Theory (MMT) To The US Economy Politicians and academics are making dramatic claims about MMT. I apply it to the 2018 US economy and learn...