A blog about college, investing, cooking, psychology, saving money and general life concepts.
What Is a Central Bank? So, you've probably heard of the Federal Reserve (or the Fed), but what exactly is it, and why does it matter? Imagine you’re at a concert, and the band is playing. The central bank is like the conductor of the band, making sure everything runs smoothly. They control the money... Continue Reading →
What Is the SEC? Have you ever wondered who makes sure that the stock market stays fair and transparent? Or who keeps companies from making false promises to investors? Enter the SEC, the Securities and Exchange Commission. The SEC is a government agency that oversees the financial markets in the U.S. Its job is to... Continue Reading →
What Are Bonds? Imagine you're lending money to a friend. They promise to pay you back after a certain period, and in exchange, they’ll pay you some extra money as a thank-you (interest) for letting them borrow it. That’s the basic idea behind bonds, they’re just loans, but instead of lending money to a friend,... Continue Reading →
At the heart of many 1980s and 1990s business films was the theme of personal transformation through financial success. Characters were often portrayed as moving from struggling to thriving, or from rags to riches, and the journey was depicted with both humor and seriousness. But the deeper lesson in these films was how wealth and... Continue Reading →
Ever wondered what it would take to break out of the cycle of financial uncertainty and build a better life for yourself and your loved ones? The Pursuit of Happyness gives us a deep dive into the emotional, psychological, and financial struggles one man faces as he desperately works toward financial stability. This story isn’t... Continue Reading →
Ever noticed how our financial decisions can be swayed by the environment we’re in, the biases we don’t even know we have, and the information (or lack of it) that shapes what we do with our money? That’s exactly what Trading Places dives into. While Eddie Murphy and Dan Aykroyd’s antics provide laughs, the movie... Continue Reading →
Being broke in college isn’t just about having no money, it’s about navigating a system that often feels designed to keep you struggling. But what if I told you that economic theories, yes, the same ones that explain how nations grow, can also explain how an individual climbs out of poverty? The truth is, escaping... Continue Reading →
If economic growth depended only on saving money and investing in infrastructure, then every country that built more roads and factories would thrive indefinitely. But we know that’s not the case. Some economies continue to grow even after reaching high levels of development, while others struggle despite massive investments. Why? This is where Endogenous Growth... Continue Reading →
Economic growth isn’t just about saving money and investing it in factories or infrastructure. If that were the case, every country that poured money into construction projects would become an economic superpower. But that’s not what happens. Some economies keep growing while others hit a wall. Why? That’s where Solow’s Growth Theory comes in. The... Continue Reading →
Economic growth is like trying to ride a bike, you need the right balance of investment and savings to keep moving forward. The Harrod-Domar Growth Model is one of the earliest attempts to explain what makes economies grow and why they sometimes struggle. Developed in the 1930s and 1940s, this theory highlights two key factors:... Continue Reading →
The Broke College Student 