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Showing posts from December, 2020

WHAT ABOUT LIVING OVERSEES ?

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    If you live in a first world western country you probably know someone who lives abroad in a cheaper country, or at least that has already lived abroad. The experience of living abroad can be an incredibly nice life experience since you will be able to be with a different culture, cuisine, and way of living. It opens our mind to how much some cultures don't seem to focus so much at work, and have a pretty laid back attitude towards life.     This is a trend that has been going up for the last years and after the COVID-19 vaccines might return to be a trend. I'll list 3 "types of countries" that might be interesting to people with that thought.      1-Cheaper countries.      Either Thailand, Indonesia, or Malaysia, if you love Asia, or Mexico, Ecuador and Panama if you prefer to stay close to home. Either way, people loved going to these places especially if they have their money coming with western-based salaries since this can be a game-changer. In some countries

4 Best Ideas to Make Money at Christmas Time

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Jingle bells! jingle bells! And another Christmas is coming! A beautiful time, full of lights, ornaments, and colors. It is time to gather the whole family and spend time with your beloved ones. When we talk about Christmas, we think of gifts, decorations, lots of food and, of course, lots of shopping! But, Christmas doesn't just mean spending. For some people, it means earning extra money. Why not? And what about you there? All full of skills and have no idea what to do to make money this Christmas? What do you think about turning your hobby into something profitable? Continue reading to know the 4 best ideas to do so. Make Extra Money With Crafts If you are good at making crafts, investing in Christmas ornaments can be a very promising idea to earn extra money for Christmas. In addition to the possibility of opening many doors for you in the future. You can make garlands, mini Christmas trees, cribs, handmade balls, felt ornaments, Santa Claus in fabric, lamps, handmade candle

BREXIT: Is it done yet?

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 Brexit has been over Britain's mind for a while, it's been a long time since they voted to leave the European Union. Although much has changed since there, they are still a member of the Union, making it look like a Mexican soap opera, that never ends. This December 9th Boris Johnson, the British prime minister, has met with Ursula  von der Leyen, the president of the EU commission in Brussels. Apparently, Boris Johnson has hoped for a last-minute deal, like the one last year where they agreed for a transition until 31 December of 2020, meaning the UK would be out of the single market on January 1st. The trade deal, that both parts hope to achieve have a very different initial position, the UK wants complete sovereignty, being able to completely ignore laws made in Brussels. The EU's position is that they want to have the authority to retaliate in the case of the United Kingdom harming the single market core values. If no trade deal is done before 31 December there will mo

6 GREAT Tips To Save Money At Christmas Time

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     We started the month of December and already noticed the stores decorated with Christmas ornaments. It is when we realize that we are at the end of the year, a period where we usually see the family, be close to those we want and review the plans we have made for 2020. However, together with this good atmosphere of fraternity, unity and reflection, the end and beginning of the year comes with several expenses that we are often not prepared for. There are also the expenses with decoration, gifts and travel. So, today I will give you six great and simple tips to save money in this period of the year:   1-  Make a list of the people you will be giving away for Christmas      Many people are happy to give gifts to everyone they know, even if it is just a candy. However, in times of crisis, it is important to plan your Christmas shopping before you go actually shopping. And the first step for this is to make a list with the people you want to give, starting with the most important one

CORONAVIRUS VACCINES.

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As everyone probably knows, the United Kingdom has just started vaccinating its people. Besides the incredible benefits vaccines does for our society overall, I'd like to talk about how much this vaccine will affect our life financially.  This vaccine developed by Pfizer will be the first one used by the public, unfortunately, the US is still a little behind at getting a hold of this vaccine. This is obviously very good for the company itself, which has seen its stock price growth in the last few days. For us, the average folk, it means we will all be completely free to leave our homes after we take a shot. For the economy, it will probably result in much more going out to dinner, shopping at local shops, and big crowd events. Also, the tourism industry will most likely grow again, maybe not to its prior levels, but it will surely grow. A lot of people who used to travel a lot have not been able to, but when most countries get vaccinated the travel restrictions will be lift off and

How To Educate Your Kids Financial Wise: The 4 Basic Principles.

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     I recognize that teaching how our children should deal with money is controversial, as surely everyone agrees that it is essential, but at the same time, the way it should be done is not unanimous. Anyway, I believe that there are four basic principles that must be followed: Principle # 1 : Educate yourself financially You can't teach someone something you don't know. Learn as much as possible about budgeting, saving, investing, cutting expenses and managing debt. Principle # 2 : Be an example It is one thing for you to say what your children should do. However, if you are doing the opposite, they will certainly learn more through your actions than your words. To teach how to control spending, you also need to do the same. Guide them through good examples. Principle # 3 : Teach one habit at a time Your children will not become financial experts overnight ... Not even in a month ... or even in a year. Your goal should be to teach them these lessons throughout your childhoo

Wall Street Bets and Palantir.

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If you don't know what wall street bet is, I'll try to summarize it. Imagine a place with a bunch of people throwing the craziest type of ideas, and they all know it's crazy, yet many of them go and make it real. Well, that pretty much is wall street bets, this subreddit makes the most surreal type of financial decisions and post there so everyone can see their success and failure. Palantir is a pretty controversial company because of its work with some agencies of the U.S government, yet it's been working more with commercial companies. They work in big data analytics and still has not yet reported a profit.  Even before the company going public people at the WSB(wall street bets) community were already thinking about it and some of the reactions were people already thinking they should "buy buy buy" and go "all in". I'd say that pretty much is like what has happened after it's IPO. Its listing price started at $10 a share, and on the first