Tag: Personal Finance

How To Go Broke In 5 Easy Steps

| May 5, 2013 | 1 Comment

how to go brokeWe talk a lot about politics and macroeconomics but what matters most for everyone is their personal situation. It doesn’t matter how good the economy is if you still struggle with your finances. Most people don’t understand money. It’s not an easy subject. You would assume that because everyone uses money there is nothing complicated about it, but that’s not true. And when we add the people’s stupidity to the equation, managing personal finances becomes hard like rocket science. People go broke because they are stupid and they don’t know the power of money. That’s why in this article I’m going to tell you 5 easy steps on how to go broke.

I want to save you the pain of the process, go broke now, why would you wait anymore when you are going there anyway? … Just in case you don’t want to go broke, you might try to avoid these steps, you know.

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Bitcoin Bubble? Or a Good Investment?

| April 17, 2013 | 0 Comments

bitcoinIs there a Bitcoin bubble or it is still a good investment? Did Bitcoin burst or there is a lot more to come. Let’s analyze the whole thing in details.

Bitcoin has been the hottest topic in the financial world for the last month. I wrote an article about The Rise of Bitcoin about a month ago. Back then the price of 1 bitcoin (BTC) was a little under $50 which at the time was 10 times higher than the year before. 3 weeks after I wrote the article, the Bitcoin price reached about $250 and then it crashed, so as of right now it’s trading at about $70, but it’s far away from stable price.

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Some Desperate Ways To Make A Few Bucks When You Are Broke

| April 11, 2013 | 0 Comments

desperate ways to make a few bucksI’m really confident about the success of this article because watching how the global economy is doing, combined with the escalating human stupidity worldwide, I’m pretty sure more and more people will have to read this and appreciate it.

In desperate times, desperate people do desperate things. When you are desperate about money, you will do desperate things to make them. Some people turn criminals (sell drugs, rob banks, run scams, etc), other become prostitutes (yeah men too) and those with a little more brains can try to join the banking industry. But the problem with all these activities is that they are illegal and/or immoral, risky, or at least unpleasant for many people (you know, conflicting with the personality and the beliefs of the individual).

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How Long Can You Stay Without A Job?

| February 12, 2013 | 0 Comments

how long can you stay without a jobWith the financial crisis going on worldwide and the rising unemployment rates in most countries, there are no secure jobs in most sectors of the economy. That leads to the question: If you lose your job today, how long can you survive without getting a new one?

Well, maybe “survive” is a strong word, but you get the point. In other words how long can you keep your normal living standards or at least live close to them.

For most people their jobs are the only source of income they have. If they get fired from their workplace, they will have ZERO income, but the living expenses are not going anywhere.
If you are one of those people, you are in trouble.

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