After You Become Financially Independent

After You Become Financially Independent

Have you dreamed of becoming financially independent? Are you already there and wondering, What now? More and more people are becoming financially independent, and they worked hard to achieve this freedom. But the work doesn’t stop there. Find out the myth and reality of becoming financially independent—and how to handle stress, work, and expenses in this new life. Read on to learn how to navigate life once you become financially independent.

How to Be Frugal: Find Joy in Each Thing You Use

How to Be Frugal: Find Joy in Each Thing You Use

Do you know how to be frugal in the full sense of the word? Have you ever practiced frugality by finding joy? Many people know how to be frugal. But, few know how to be frugal in the context of understanding what frugality means in a deeper sense. True frugality is finding joy in each thing you use. Spending less can actually contribute to your happiness. Read more to learn how to be frugal in a meaningful way.

Calculate Your Net Worth and Lifetime Earnings

Calculate Your Net Worth and Lifetime Earnings

Do you know how to calculate your net worth? How much money have you earned over your lifetime? Calculating your net worth and lifetime earnings is part of the process of improving your relationship with money and living a life you love. When you have a clear picture of where you stand, it’s easier to make wise decisions with your money. Read more to learn how to calculate your net worth and lifetime earnings.

Money Well Spent: The 4 Questions to Ask Yourself

Money Well Spent: The 4 Questions to Ask Yourself

What do you consider to be money well spent? What standard do you use to evaluate your personal spending? In Your Money or Your Life, Vicki Robin and Joe Dominguez offer four questions to ask yourself about your expenditures. The questions seek to determine what is money well spent for you. Ultimately, this can help you make better personal spending decisions. Read more to learn how to figure out what is money well spent in your life.

How Do Tariffs Impact the Economy?

How Do Tariffs Impact the Economy?

How do tariffs impact the economy? Does imposing import tariffs help or hinder the country’s internal industries? According to economist Henry Hazlitt, tariffs are not as benevolent for the economy as many people believe. Tariffs shift money, manpower, and productivity away from efficient industries in order to support inefficient industries. In this article, we’ll consider Hazlitt’s argument on the negative effects of tariffs on employment and the economy at large.

Price Setting: Strategies and Effects on the Economy

Price Setting: Strategies and Effects on the Economy

What is the purpose of price setting? How does artificial lowering or raising of prices for goods/services affect the economy? Sometimes the government’s efforts to help businesses include raising or lowering the prices of goods. As with other government interventions, price setting throws off the balance of supply and demand and, thus, creates ill effects. In this article, we’ll take a look at some of the most common price setting strategies and how they affect the economy.