Economics

Inflation and interest rates. Women holding a silver globe in her hand.

What everybody ought to know about inflation and interest rates (Part 1)

A short while ago I was talking to a highly educated and well-informed friend of mine about mortgages and how she wasn’t sure if she was on the right one. She told me one of the main reasons she doesn’t know is because she is scared to question the bank’s mortgage recommendation. Despite being a …

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Price mechanism. A lady paying a cashier with a plastic card.

The Price Mechanism: Your Ultimate Guide To Prices And Pricing

You’re about to read what could be the most important post on my blog. It’s going to explain one of the most fundamental concepts in economics. Once you understand this concept and its implications, it will change the way you think about the world. It’s called the price mechanism. As informed citizens, we need the …

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What is compound interest? A gold piggy bank and calculator on a table.

The Power Of Compound Interest: The Ultimate Guide For 2021

The power of compound interest. It’s a concept we hear about regularly, and perhaps you’ve known of it for years?  Even Einstein allegedly commented on it: Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it. Albert Einstein And as with everything Einstein, there’s a …

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Home Economincs 101 Ultimate Blog Guide

Everyday Economics 101: The Ultimate Blog Guide

This blog is about economics. But it’s written for people who “don’t do economics”. I’m going to try and change your views about what economics is and what it isn’t. I really hope it empowers you to discover you know far than you think and to use this confidence in your own decision making. …

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