Budgeting, a quantitative plan to manage your money, has many benefits such as tracking your cash flow, controlling your expenses, and reaching your goals! However, some people find it easier to break their budget than to follow it. Fortunately, you can do something about it. Be aware of the despicable reasons why you keep breaking your budget then, take the necessary steps to turn things around. 1. YOU MAKE EXCUSES THAT BUDGETING IS TOO COMPLEX. There is no need to fear
The best cinematic art illustrates human conditions and life in general. One type of cinematic art called “documentary”, imitates life and factual records as close as possible. Enjoy at least two of these wonderfully made films especially if you are taking up finance and economics as a subject at school or as a career. These documentaries will not only help you understand the history of money but also the humanistic system that revolves around it. 1. FOUR HORSEMEN Four Horsemen
Relative to many other industries, the luxury business puts up little fight to preserve its sheen throughout history as it symbolizes prestige, exclusivity and wealth. As each human being strives to establish their personal identity and social status, the luxury sector flourishes by expediting this process of differentiation and labeling. This phenomenon is increasingly reinforced by the awakened economic giant, China, where Goldman Sachs had reported that it will become the top consumer of luxury goods globally by 2015. However,
We frequently hear of the word “economics” in papers or conversations, but how useful or applicable is this course of study to the real world? Understanding economics is in reality fundamental to understanding the price movements of every single good and service in our economy. It is the aggregation of the demand and supply forces. Indeed, when we see the airfare skyrockets after the end of school term, it is economics at work. Huge travel demand outweighing limited supply of
