Economics

When making financial decisions, we’re often given advice by banks, financial advisors and even family on what they do or what they think is best for us.  But, however well-intentioned, it’s essential for you to understand the ‘why’ behind the decision.

And this is why an understanding of economics is so important to success when making decisions.

But, did you know economics is about far more than money?

It’s about how we manage our resources, as people, families and businesses.

An understanding of economics will help you to thrive, not only when investing but in all areas of your life!

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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the power of compound interest with a gold calculator and smartphone

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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