Money Archives

Behind the Beautiful Forevers: Asha’s Charity Scams

How Beautiful Forevers Asha Embraced Charity Scams

What are charity scams? How did the character Asha get involved in charity scams in the book Behind the Beautiful Forevers? Charity scams are when a charity fundraiser diverts the majority of the money collected from donors for personal use. In Behind the Beautiful Forevers, Asha used her nonprofit as a vehicle for government officials to divert funds meant for a school education program. She planned to make money from her share of the stolen funds. Read on to discover how the desire to escape poverty drove Asha to participate in charity scams.

The 13 Essential Principles of Think and Grow Rich

What are the major principles of Think and Grow Rich? How can you apply the Think and Grow Rich principles? The major principles of Think and Grow Rich are clarity of purpose, focus, and persistence. You can apply the principles by following the action plan in the book with a positive mindset. Read on to discover more about the essential principles of Think and Grow Rich.

Why Annawadi Residents Tried to Marry into Money

Why were the residents of Annawadi trying to marry into money in the book Behind the Beautiful Forevers? What strategies did they use to find wealthy suitors? The residents of Annawadi wanted to marry into money so they could attain economic security and climb the social ladder. Residents like Manju tried to improve their appearance and build their social networks in hopes of expanding their marriage prospects. Read more to discover how Annawadi’s residents like Manju tried to marry into money.

Think and Grow Rich: Secret Formula for Success

How to be Rich and Successful: 3 Steps to Follow

What is the Think and Grow Rich secret formula for success? How can you use the secret formula to change your life? The Think and Grow Rich secret to success is that we all have the power to control our thoughts. This power enables you to use positive thoughts to motivate yourself to pursue a reality where you are wealthy and successful. Use the Think and Grow Rich principles to develop the right mindset for accumulating wealth. .Read on to discover more about the Think and Grow Rich secret to achieving success in life.

How to Fix the Health Care System in the United States

How does the American health care system work? How does it differ from the systems in other developed countries? And why are so many Americans dissatisfied with the way it functions? Unlike most developed countries, the United States does not provide free health care to the population. Instead, American citizens are covered by either private or public health insurance, or a combination of both. This article takes a look at the main problems with the health care system in the United States and lists several ways it could be fixed.

Economics Basics: What Are Negative Externalities?

What are negative externalities? What do governments do in an attempt to control them? Negative externalities are costs incurred by non-involved parties as a result of an economic transaction. To prevent negative externalities, governments may impose externality charges. This article takes a look at negative economic externalities and how governments determine how to levy them on the consumer.

Nir Eyal’s Precommitment Strategy: Price Pacts

Why does Nir Eyal say it’s important to make precommitments to yourself? How can making a price pact help you stay accountable to your goals? Indistractable author Nir Eyal says that precommitments help lock you into traction and keep distractions out. One precommitment strategy he mentions is to make a price pact with yourself. Price pacts make distractions tangible and give you a monetary incentive to stay on track. Here is Nir Eyal’s price pact precommitment strategy in detail.

Why Donate to Charity: Tithing 101

Why donate to charity? What causes should you support? Do you think everyone who can afford it should donate a portion of their income to charity? Though growing your wealth is a worthy goal, so is sharing your wealth to help make the world a better place. Not only does it benefit charitable causes, but it is also deeply rewarding for you. Read about the benefits of sharing your wealth through tithing.

The Psychology Behind the Stock Market

How do investors make money in the stock market? What factors do they use to base their investment decisions? According to economist Tim Harford, stock market psychology is a nearly random walk that trends upwards. A report that says that stock prices will go up tomorrow, for example, will make stock prices go up today because people will buy them expecting them to go up tomorrow. In this article, we’ll explain the basics of stock market trading, how prices are valued, and how investors decide what stocks to invest in.

How to Let Go of Limiting Money Beliefs

Do you find that money is hard to come by? Do you try to hold on to every dollar and almost never splurge to treat yourself? Where do you think these limiting money beliefs come from? Making enough money to enjoy the lifestyle you want can help you feel successful. But it’s easy to let limiting money beliefs and unhelpful behavior gets in the way. In this article, you’ll learn how to change your thinking to better position yourself for financial success.