Why It’s So Easy to Overspend We are all tempted by instant gratification to some extent. And thanks to poorly implemented public policies it’s now easier than ever to live beyond our means. When we run out of savings, we can simply use credit to continue buying what we want. At least that’s what I usually do. 😉 Once upon… Read More »
All Money Comes from Debt All the money in your bank account right now was created from debt in one form or another. The government creates money by issuing debt (bonds.) It then pays this money to public service employees, and the money eventually gets spent into the economy. The money from private sector jobs comes from debt as well. Small businesses often… Read More »
A midtown Manhattan restaurant called Sushi Yasuda no longer accepts tips. They claim this gives the dining experience a more authentic and relaxed feeling to mimic restaurants in Japan. Customers can enjoy their food and don’t have to do math and calculations at the end of the their meal. Instead of gratuity, the co-owner explains that they have increased… Read More »