How to Prepare for a Recession

how to prepare for recession

Today I want to delve on how to prepare for a recession. A recession is a period of economic slump during which unemployment rises and commerce and industrial activity declines. While the definition of a recession varies, it usually refers to six or more months of economic contraction. This indicates …

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Old Money vs New Money: Which is Better?

Old Money vs New Money

What comes to your mind when you encounter the concept of old money vs new money? While you might think of wealth in terms of haves and have-nots, there’s a lot more to it. Discussions of old money vs new money, in particular, illustrate the intricacies of wealth. Old Money …

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How to Save Money Live Better

Save money and live better

Save money live better! How I love this slogan since I have seen it working wonders firsthand . Is it seeming like your pursuit for “the good life” is out of reach? Maybe you feel like you’re always looking for the next item to make you happy: a raise, a …

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How to Live Below your Means

How to Live Below your Means

What does ‘live below your means’ imply? Simply put, to live below your means implies spending less than you make while saving and investing the difference to get ahead in life. This contrasts sharply with the prevalent, credit-hungry worldview, which fails to perceive income as a strict limit on how …

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