One of the most fundamental truths of any finite resource is that it is, well, finite. Money is one of those finite resources. Whether you live under the poverty line, or have billions of dollars at your disposal, you still have a finite amount of money to go around. In a world where we can …
Are You a Spender or a Saver?
A few weeks ago I had been talking to my mother about how I was happy that the interest rate was increasing so much. Baffled, she asked, “Why? Doesn’t that mean you have to pay more?” Thinking about it for a moment, it clicked that she was thinking about interest on debt, whereas I had been …