How to fund higher education in the US?
Before I answer this question, I want you to look at the income of people with a college education vs people who don’t. Publicly available… Read More »How to fund higher education in the US?
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Parul Verma
Some ways to save money and cut expenses
Who doesn’t like to see some extra money in their savings without having to sacrifice their living standard? Saving is the money left after subtracting… Read More »Some ways to save money and cut expenses
Did inflation fall to 0% in the US in July?
Yesterday, in the news, I read President Biden saying the US had 0% inflation in July. The BLS, the official source of inflation numbers, reported… Read More »Did inflation fall to 0% in the US in July?
The jobs market in the US is still going strong
Two days ago, President Joe Biden proudly posted that the unemployment rate in the US was 3.5% in July. This matched the lowest rate in… Read More »The jobs market in the US is still going strong
How to always make money in the stock market? What is a Dollar Cost Averaging?
Today, I will introduce you to a very useful concept called Dollar-cost averaging. It is an investment strategy where you invest a fixed amount of… Read More »How to always make money in the stock market? What is a Dollar Cost Averaging?
Saving vs Investing
What is saving? Saving is the extra money we are left with after meeting our expenses from our income. It is the difference between our… Read More »Saving vs Investing
IMF predicts further slowdown for the world economies
MF predicts further slowdown for the world economies
Why did Fed raise interest rates again, making borrowing more expensive?
The Fed decided to raise the target range for the federal funds rate from 2.25% to 2.5%.
Inflation is usually driven by strong consumer demand, which is not matched by the supply. Supply bottlenecks with China during the Covid pandemic, Ukraine war, etc have all contributed to a weaker supply of many essential items we use every day. Since many of the supply chain issues can’t be fixed in short term, the Fed is trying to govern the demand aspect of the inflation. By raising interest rates, and making borrowing more expensive, the Fed is hoping to weaken Americans’ willingness to spend money and ultimately bring inflation to its 2% target level.
Commonly used macroeconomic terms that you should know
Today, I explain some of the most widely used macroeconomic terms relating to a country’s economic performance. These are the terms we often read in… Read More »Commonly used macroeconomic terms that you should know
What does a vaccine, a park and a factory have in common?
These are all examples of externalities. Sorry, if this sounds too complicated at the beginning, it will all make sense as you read along. Externalities… Read More »What does a vaccine, a park and a factory have in common?
