May 25, 2020Our Economy is Broken: The Free Market Experiment Has FailedEven before the shut-downs, the economy wasn’t working for the majority of people. Our experiment in the free-market has been tested and it has failed. Ever since the Great Recession, people have been discussing the rising inequality in Western society, but especially in the uber capitalistic North American society. …Economics8 min readEconomics8 min read
Published in Making of a Millionaire·May 3, 2020What Might the Economic Recovery Look Like?We are in a recession. There is no doubt about it. Unlike some other downturns, we are often still debating if the economic data supports calling an official recession. The official definition is 2 consecutive quarters of slowing GDP. …Economy6 min readEconomy6 min read
Published in Making of a Millionaire·Apr 19, 2020I Can’t Sew Masks, But This is How I Can Help During COVID 19I have been grappling with the future. With the reports of those stricken with COVID-19 and those who have passed away worldwide, we are all facing tough questions. I’ve been social distancing, and while all the health officials tell me it is vital, I’m oddly feeling helpless. When I turn…Helping Others6 min readHelping Others6 min read
Published in Making of a Millionaire·Apr 1, 2020What is the Effect of Government Spending on the Economy? Is Runaway Inflation Inevitable?Like many people in the age of pandemic, I’m grateful for the Stimulus packages that governments all around the world have announced. Many have asked how exactly does government spending suppose to help the economy? Every single one of us has been affected by the illness, either by health or…Covid 197 min readCovid 197 min read
Published in Making of a Millionaire·Mar 24, 2020How is COVID-19 Affecting the Economy and Markets: a FAQWith all of the gyrations in the stock market, I’ve been getting a lot of questions on the global health pandemic and how that is affecting the economy and the markets. I’ve compiled a list of questions that are coming up most often. I’ve answered them from the perspective of…Covid 195 min readCovid 195 min read
Published in Making of a Millionaire·Mar 10, 2020What Happened In the Stock Market Yesterday? Is This Another Financial Crisis?Everyone’s talking about it, the disastrous day we had in the stock market yesterday. News Anchors are saying it’s the worse 1-day tumble ever or since the Financial Crisis. Pretty scary stuff, right? I can’t predict the future, but I can tell you what my experience was in 2007–2009 as…Stock Market7 min readStock Market7 min read
Published in Making of a Millionaire·Feb 23, 2020What is the Difference Between a Sinking Fund vs an Emergency Fund?What is the difference between a sinking fund and an emergency fund? A lot of people have heard about the importance of having an emergency fund, and they work hard to secure it. But today we’re going to talk about another kind of savings. And that is a sinking fund…Budgeting6 min readBudgeting6 min read
Published in Women’s Personal Finance·Feb 23, 2020What is the Difference Between a Sinking Funds vs an Emergency Fund?What is the difference between a sinking fund and an emergency fund? A lot of people have heard about the importance of having an emergency fund, and they work hard to secure it. But today we’re going to talk about another kind of savings. And that is a sinking fund…Emergency Fund6 min readEmergency Fund6 min read
Published in Making of a Millionaire·Feb 9, 2020Asset Allocation: Easy as Pie a la ModeToday, we’ll discuss the concept of asset allocation — which is just a fancy way of saying how you’ll split your money up into different buckets. In most financial literature, you’ll see it displayed as a pie chart. …Retirement Planning8 min readRetirement Planning8 min read
Published in Making of a Millionaire·Jan 26, 2020Self-Sabotage and How to Overcome the Self-Limiting Beliefs Standing Between You and SuccessHas this ever happen to you? You get on a great streak and all of a sudden disaster strikes? You get so far in your savings goal only to have a freak accident that wipes it all out? …Self Sabotage7 min readSelf Sabotage7 min read
