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Showing posts from January, 2021

How to Level up in Financial Education

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  Few people today have the financial education to manage their finances efficiently. I'm not saying it ... According to studies carried out by the Organization for Economic Cooperation and Development (OECD) in different countries, they show that only a small minority knows how to properly manage their domestic economy. What group are you in? Let me ask you something; •           Have you ever wondered if you are managing your finances well? •           Do you methodically record all your income and expenses? •           Do you save a fixed amount on all your income? •           Do you invest a part of your savings to make your money grow? If the answer to these questions is yes, you are above average when it comes to financial education, if not, you have to work ahead ....

Three Recommendation To Promote Financial Education

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  Not knowing how to manage money or not having a culture of saving are some examples of how many Peruvians do not manage their finances correctly. One of the issues that greatly affect our society is the lack financial education. In fact, in Peru, this problem is reflected in a study carried out by the Superintendency of Banking and Insurance (SBS), which indicates that less than 5% of the Peruvian population has financial knowledge. Ramiro Hidalgo, professor of the CERTUS Finance career, affirms that not knowing how to manage money or not having a culture of savings are some of the main examples of how many Peruvians do not manage their finances correctly. Thus, financial education is not only relevant because it allows strengthening the management of people's personal finances, but also because it allows them to learn to plan. In this context, there are three recommendations to promote financial education. 1. Teach the principles of financial education from an early age ...

How to maintain a savings plan in an economic crisis?

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In tight economic situations it may seem difficult to continue with your savings plan, but it is essential that you keep the habit. Do you remember what your strategy was when you planned how to start saving? Identify income and expenses, develop a budget, assign a fixed amount to savings and discipline yourself. Well, in case you go through financial difficulties, what you should do is adjust your original savings plan. But it is not about reducing the amount you save, but about reviewing your non-essential expenses so that you can continue saving and looking for additional sources of income. Stay true to the habit of saving: Follow these tips: •           Make a detailed list of all your current expenses and create your new budget . Yes, like that first time. Cut down on expenses whenever possible, like changing your cell phone plan or stopping eating out or buying coffee every day on the way to work. •     ...

5 Tips to Manage your Economy in the Most Orderly Way

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Are your personal finances a mess? Have you invested but it goes wrong? Are you unable to save anything per month? Economic crisis, unemployment, debt and many headaches and more! Find out how to fix it in the midst of this new reality. In the current times where the economy has had a negative impact as a result of recent world events, where unemployment increases and company sales decline, we already know that it is becoming increasingly difficult to sustain the same lifestyle that we had. And it is obvious that managing debt becomes more and more complicated. The first thing to keep in mind is that getting out of debt does not consist of just paying "AND IT IS ALREADY" To achieve this, planning is required to help us organise the steps to follow up to that goal. For example, did you know that experts recommend allocating a percentage of our income to pay debts, between 25% and 30%? I guess you didn't know. Therefore, today I will give you 3 tips to manage your economy i...

Five tips for successful business creation

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  There is nothing insurmountable about starting a business. As long as you put all the assets on your side. 1. Becoming an entrepreneur is not trivial It involves commitment, time, sacrifice. The stake is well worth answering a few essential questions.   Is this the right time? Do I have the skills and especially the skills needed? Are those close to me ready to support me and to what extent?   summaries Laurence Pineapple, expertise and production director at Agency France Entrepreneur. (AFE). READ VISIT > Besteconstuition in Singapore. 2. Define an offer More than a structure and a statute, a company, it is first of all an offer that will have to be presented, explained, promoted. Throughout his creative journey, the project leader must convince: his relatives, his banker, juries and approval committees, partners, suppliers, future customers. The more precisely the offer is defined, the more solidly supported the positioning, the more credible the entrepr...

6 Economical Solutions for a Low-Cost Move

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  Understanding how the services of a professional moving are priced is essential to be able to identify the precise elements on which you can then save money. Here are some tips to help you reduce the costs associated with your move. 1- Reduce the volume to be moved: Volume is one of the main factors when it comes to setting the price. Reducing the number of items and furniture to take out can save you a lot. Sort your belongings into what is useful to you and what you no longer use. You can also gift or recycle your unused items. 2- Resell your items Another solution for a low-cost move is to resell your items to partially finance your move. You can easily sell your furniture or objects in a garage sale or on a specialized site online. Note that it is sometimes more interesting to sell your furniture to buy new ones when the distance to be covered is important or for an international move for example. 3- Pack your things yourself Professional movers charge you for the...

HOW TO EARN POINTS IN ECONOMIC AND SOCIAL SCIENCES ON D-DAY

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  Organise  your ideas and make a plan Among the possibilities, the essay. This exercise requires the same requirements as in history-geography or in philosophy, with one particularity: the presence of documents. If it is impossible to be stuck with ideas, it is sometimes difficult to organise yourself in front of so much information. This is the time to breathe deeply and remember what has been seen in progress. Remember that messy ideas will be poorly valued. Take care of your transitions as well Titles, inter titles, line breaks ... Easy reading is a plus for a proofreader who has to mark several hundred copies in a few days. Keep a critical eye on documents and not heartily. Do not try at all costs to develop an extension studied in the year that has nothing to do with the topic of the day. The author's biography should be short. Ditto for the summary, it is on average 3 pages. Even if you feel comfortable, do not double the sheets, you will be sanctioned. Save tim...

Economy

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  In a world based on the exchange of goods and services, mastery of knowledge and economic tools is essential. If the numbers don't scare you and you have a good analytical mind, jobs in the economy are for you. Especially since the outlets are real, on condition of having a bac +5. The economy is the sinews of war, without it our society would not last long. This is why companies, but also the State, have never had so much need for experts capable of knowing and deciphering the movements of the economy and finance in order to take the necessary strategic decisions. If the numbers don't scare, you and you have a good analytical mind: jobs in the economy are made for you. Especially since there are opportunities in many areas: banking, insurance, accounting, commerce, public service, education ... Professions in the economy: key positions in the company Each company seeks to develop its activity. It's not just about selling products or services, but about maximising p...

Economics Needs a fox who cares about all Details

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  In his frankly negligent article, Blanchard agreed that the goal of economists should be broader than just maintaining stable and low inflation. He even agreed that the inflation rate should be higher than the generally accepted target of 2%. But he only slightly questioned the core assumptions that led economists to produce those concepts, and the harmful policies proposed based on those concepts, and did not question whether the profession of economists was too unrealistic and reduced to theoretical empty talk. Economics needs more foxes who care about all the details: We need economic sociologists, economic historians, and economic anthropologists to sort through history and current affairs, and understand what theories are applicable to and not applicable to. However, economists are very afraid of sociology. During the 2008 financial crisis, it is obvious that few economists have studied the risk structure of the mortgage products worth hundreds of billion...

The Deficit creates more Demand than the Economy itself

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  The smashing free market economy has now messed up all aspects. Keynes’s traditional remedy for economic recession is to increase federal spending, which may temporarily create budget deficits. That practice was briefly adopted, but was soon discarded. Since the inflation in the 1970s, everyone has increasingly regarded the federal budget deficit as the culprit, even the Democratic Party economists. Even after the economy fell into the Great Recession, this concept is still difficult to completely overturn. That set of thinking believes that deficits often create too much demand for goods and services, thus pushing up prices. The demand created by the deficit is more than the wages and profits created by the economy tuition in Singapore itself. It requires borrowing to meet demand. Once the demand gap is met, the economy will overheat. The Keynesian school often argues with the Neo -free market school about whether full employment has been achi...

Read economics in one breath: easily learn ten economic theories

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  Dong Diabolic and Huang Xiaoping, the authors of " Understanding Economics in One Breath ", used very simple examples to illustrate various theories of economics tuition . It turns out that understanding economics can be so simple! 1. Marginal utility Marginal utility refers to the utility that a consumer gets when he consumes one more unit. For example, when someone eats an apple, he feels delicious at first, but he feels nothing when he eats the fifth one, which is the first one. The marginal utility of an apple is relatively high. As the number increases, the marginal utility will begin to diminish. If someone keeps eating apples and vomits, it means that the marginal utility has diminished to a negative value. 2. Sunk cost Anything you have already paid, such as time, money, etc., can no longer be taken back. Once paid, it becomes a silent cost. For example, if you buy a movie ticket, and in the event that the ticket cannot be refunded, whether you go to the mo...

The Development process of Economics: free Management or State Intervention?

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  As a social science, economics has experienced many academic revolutions and conclusions. Regarding the reform and development of economics, the history of economic thought or the history of economic theory is set up in the undergraduate course to introduce and summarise  it. If you copy the university textbooks in full, it will be too long and reduce the readability. Therefore, in this article, the author chooses the debate between free management and state intervention as a perspective to sort out the development context of economics, and interspersed introduces the three revolutions and three integrations in the history of economics. In the development history of economics, the liberal management and the state interventionists have led the way, both of which occupied the mainstream of economics for a period of time, and later were challenged by the latecomers. Today, microeconomics based on mathematical analysis has matured, but in macroeconomics, the dispute between fr...

Theory and Reality of Economics

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  An article earlier said that I am an engineering student myself, and I learned economics from Zhang Wuhan’s "Economic Explanation". Professor Zhang Wuhan attaches great importance to the summary of actual combat experience, coupled with his own in-depth thinking, can always find the law in the ever-changing phenomenon. Professor Zhang pays more attention to the methodological foundation of economics, so the first volume of "Economic Interpretation" spent a lot of space to introduce Popper's falsification. The introduction to this philosophy of science by people of science and engineering is not too difficult to understand. When I first read it, I was very inspired. But everyone has their own limitations, and Professor Zhang is no exception. The limitations of Karl Popper's falsifiable theory also restrict Professor Zhang. A theory is required to be falsifiable, but the biggest limitation in reality is that this "falsifiable" can never b...