A blog about college, investing, cooking, psychology, saving money and general life concepts.
Subscriptions have become a significant part of modern life. From streaming services like Netflix and Spotify to food delivery apps and fitness subscriptions, we’ve grown accustomed to the convenience of paying a monthly fee for access to goods and services. But while these subscriptions provide instant gratification, they often come with hidden costs that can... Continue Reading →
I am graduating college soon, Community College, and I got into the University of Washington, a place I never thought I could step foot on, let alone be a part of. I’m about to take a law class under a Harvard graduate who is now an associate professor on my campus. And I have a... Continue Reading →
For many people, financial growth feels intimidating, and for some, it’s downright scary. The fear of losing money, making mistakes, or even just not knowing where to start can stop us from taking the necessary steps toward building wealth. This fear is often tied to deep-rooted beliefs and past experiences, and unfortunately, it can prevent... Continue Reading →
Frugality and cheapness are two concepts that are often used interchangeably, but they couldn’t be more different when it comes to building long-term financial health. While both involve saving money, the methods and mindset behind each are vastly different. Understanding the key differences between being frugal and being cheap can make all the difference in... Continue Reading →
Recessions are a natural part of the economic cycle, but that doesn’t make them any less frightening. Economic downturns can cause job losses, financial strain, and anxiety about the future. While it’s impossible to predict exactly when a recession will happen or how severe it will be, there are proactive steps you can take to... Continue Reading →
Tariffs are often used as a tool to protect domestic industries or negotiate better trade deals, but their effects extend far beyond that. While tariffs alone don’t typically cause a recession, they can certainly contribute to one when combined with other economic factors. Let’s break it down and explore how tariffs play a role in... Continue Reading →
What is the Illusion of Control? Investing is a game of strategy and decision-making, but often, it’s a game where luck plays a much bigger role than most would like to admit. The idea that we can control our investments, predict the market, pick winning stocks, and time the perfect buys and sells, can be... Continue Reading →
Ever noticed how some imported goods are way more expensive than expected? Or why trade wars make headlines like the latest celebrity scandal? Meet tariffs, the silent force behind price hikes, economic shifts, and international disputes. Tariffs may sound like something only economists care about, but they affect everyone. Whether you're a college student buying... Continue Reading →
Are You Overestimating a Stock Because You Like One Thing About It? Imagine you admire a CEO’s vision, love a company’s brand, or think its products are top-tier. Because of this one positive trait, you assume the stock must be a great investment. But is it? This is the halo effect in action, when one... Continue Reading →
Are You Stuck on the Price You Paid? You bought a stock at $100 per share. It drops to $70, and instead of cutting your losses or reassessing the investment, you tell yourself: “I’ll sell when it gets back to $100.” Sound familiar? That’s anchoring bias in action. Anchoring bias is a cognitive trap where... Continue Reading →
The Broke College Student 