Category: Finance
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Personal Finance 2.0
In the first part Personal Finance 1.0 we understood that investing is one of the main components of personal finance, along with saving. The investment aims to make our money work, supporting other companies/individuals with the hope that these entities will increase production and value over time, and consequently our investment will also grow in…
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Personal Finance 1.0
Definition Personal finance deals with the management of personal money, therefore income and expenses. The goal of personal finance is to have awareness and knowledge of money, of one’s own money! Of what the main mechanisms that govern the economy that personally affects us. Step 1: data collection The first step for intelligent management of…
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Universal Basic Income
UBI is a government program that every citizen or resident can access. The program has a very simple execution, providing a monthly income to the citizen. The mechanism of operation is trivial, with taxation the state redistributes wealth by granting an income to all its citizens. For the various numbers, I refer to a very…