By elmads Introduction Think of this kind of life and be empathic about it, a life in which we are born into this world without any opportunity, coming into a life of poverty, no chance to even have the basic education. The only way to live is to work at Read more…
By elmads Let’s face it, it is hard to understand how companies work, all of those stuffs about the financial statements, reports, earnings, company health, capital allocation and whatnot are overwhelming, not to mention the computation that comes with it. This is the reason why a few people will push Read more…
By elmads What is an economy? Wikipedia.com defines “economy” as a system of making and trading things of value. It is usually divided into goods (physical things) and services (things done by people). It assumes there is medium of exchange, which in the modern world is a system of finance. Read more…
By elmads The almighty Pyramid Scheme, it made people who came in early rich and the top levels richer, while they left the bottom pawns into their own financial demise. Pyramid just like what I have discussed in my previous blog titled “The Popular Scams”, are structured literally as a Read more…
By elmads Work, Sleep, Receive our Salary, Live, and repeat. This is how the majority of the world population live most of their lives, in a simple work-life loop. The sense of happiness, and fulfilment depends on how we see our lives in the loop, some are very contented, while Read more…
By elmads Humanity has been in this world for almost 200,000 thousand years. Our ways of living have evolved since then, but our basic survival needs have always been the same, which is the need for shelter, food and clothing. Today, it is through the trust of money, as medium Read more…
By elmads Everyone works for money in order to sustain their live. A harsh truth about the relationship of money and work, but it is not entirely accurate. Why is that? because some people do not work for money, others work because they love what they do and are very Read more…
By elmads A family is the basic unit of society. It is the place where children learn all of the fundamental aspects of life, such as culture and religion, which are taught by our first teacher, our parents. A quick story about myself. My parents taught me a lot, and Read more…
4th of December, 2020 by elmads Did you ever wonder how budgeting principles started? what is the main driver for managing money, why other people mismanage their money and why even though people have their own personal financial goals in life, they still have the similar general goals with others, Read more…