Warren Buffett on Stock Prices
Certainly most of the professional investors focus on what the stock is likely to do in the next year or two But they do not really think of themselves as owning a piece of a business
The Gig Economy and Social Change
The advent of the gig economy has ushered in a revolution in how we perceive work, employment, and even the very fabric of our social structures. Far beyond a mere shift in the labor market, it has become a cultural phenomenon that redefines our relationship with work, community, and ourselves. Traditional notions of job security, … Read more
Increase Your Income or Trim Your Expenses?
In the vast world of personal finance, a familiar mantra often echoed is “spend less, save more.” While it’s undeniably wise advice, there’s a nuance that often gets overshadowed in this age-old wisdom. Cutting minuscule amounts from your budget can only take you so far. Increasing your income, on the other hand, unlocks a world … Read more
Surviving and Thriving: A Guide for Gig Workers in 2023
With these tools in hand, you’re not merely surviving; you’re carving out a thriving, fulfilling, and lucrative path in the gig economy of 2023. Welcome to the future of work, crafted by your hands, driven by your vision.
Energy Revolution: Batteries Over Transmission Lines
Even as the world ushers in 2023, a considerable fragment of the collective mind that guides our future energy strategies still seems stuck on an age-old proposal: “Build more transmission capacity.” It’s as if they believe the solution to all our power needs lies in enormous strings of power lines crisscrossing the landscape. A great … Read more
How Playing Risk Shaped My Personal Finance Strategy
As someone deeply entrenched in the world of finances, I often find wisdom and guidance in the unlikeliest of places. Surprisingly, one of my most profound learning experiences has come from the classic board game, Risk. The game, known for its blend of strategy, negotiation, and chance, has given me several insights into managing personal … Read more
The Google Voice Scam on Facebook Marketplace
In an age where digital marketplaces have become the go-to for buying and selling goods, scams have inevitably evolved to exploit the unwary. A particularly insidious example emerged recently—a scam involving Google Voice and Facebook Marketplace that has caught many an unsuspecting seller off guard. Here’s an inside look at this clever deception and what … Read more
Digital Marketing in the Age of AI
The digital landscape has undergone a seismic shift, and at the heart of this transformation lies Artificial Intelligence (AI). From the bustling digital markets of Addis Ababa to the high-tech corridors of Silicon Valley, AI is revolutionizing the way we approach digital marketing. It’s more than an evolution; it’s a revolution that’s changing how businesses … Read more
Killing It: Review of Season One
Season 1 of the comedy series “Killing It” blends humor, absurdity, and thrilling adventure in a pursuit of the American Dream like never before. With Craig Robinson leading the cast, the show takes us on a python-hunting escapade set against a backdrop of financial struggle and entrepreneurial hope. Let’s examine what makes this television series … Read more
Women and Wealth: Strategies for Financial Independence
In the bustling markets of Addis Ababa, I’ve often been inspired by the resolute women who power the economy with their determination and entrepreneurial spirit. The financial world, however, is not always as accommodating or empowering. Unique financial challenges faced by women often stand in the way of building wealth and attaining financial independence. Whether … Read more
Six Black Leaders in the Fight to Legalize Marijuana
The path toward the legalization of marijuana is marked by complexities, controversies, and above all, courageous leadership. The intersection of cannabis legalization with social justice, racial equality, and economic empowerment is an often ignored story, though rich with activism and advocacy. At the core of this story are the voices and visions of black leaders … Read more
The Case for Open Salary Disclosure
In the convoluted landscape of modern business, salary negotiations and compensations are often shrouded in secrecy, treated almost as taboos. While some argue that keeping salaries under wraps protects individual privacy, a growing movement pushes for open salary disclosure as a pathway to equity and fairness. As a financial psychologist who often delves into the … Read more
Building Healthy Credit Habits
In today’s fast-paced and interconnected world, credit has become an integral part of personal finance. It serves as the financial bridge that connects our present to our future, allowing us to make essential purchases like homes and cars or start a business. Yet, for something so vital, credit remains shrouded in mystery for many. Misconceptions … Read more
Mastering Your Money in a Modern World
In the world of money, budgeting is akin to choreographing a dance. Every dollar, every decision, must move in harmony with the rhythm of our lives. Whether we’re striving to pay off a mortgage, saving for a dream vacation, or simply wanting to make our money stretch until the end of the month, the art … Read more
How Can I Wisely Invest My Settlement Money?
I’m 19 years old and recently received a $100,000 settlement from an accident, but after fees, I’ll have $60,000 left. As someone who tends to spend impulsively on things like video games, and who has never handled this much money, I’m worried I’ll squander it. My parents tell me that this money could set me … Read more
Brick by Brick: Building Wealth through Real Estate
We’ve all heard the age-old adage, ‘Don’t wait to buy real estate, buy real estate and wait.’ This simple piece of wisdom encapsulates the allure of investing in real estate—a tangible asset, a source of steady income, and an investment that has the potential to appreciate significantly over time. Yet, for many first-time buyers, the … Read more
Feeling Rich: Emotional Wealth is Financial Health
In the labyrinth of numbers and transactions that make up our financial lives, it’s easy to lose sight of the human side of wealth. But let’s pause, flip the coin, and explore the other side— emotional wealth. It’s not often discussed, yet it plays an underappreciated role in our overall well-being. Emotional wealth is the … Read more
10 Practical Money-Saving Hacks for Everyday Life
Let’s begin a little journey, you and I, walking through the vibrant streets of Addis Ababa. Notice the colorful market stalls, each one brimming with fragrant spices, fresh produce, and skillfully crafted wares. This isn’t just a typical market scene; it’s a vibrant tapestry of age-old wisdom on saving and spending. Money, like water, must … Read more
Money, Emotions and Single Parenting
We are often told that money and emotions should never mix. But in reality, our finances and feelings are so intricately linked that trying to separate them is like trying to separate the colours in a sunset. It’s particularly true for single parents who bear the financial responsibilities alone while also shouldering the emotional wellbeing … Read more
Personal Finance 101 for Beginners
Personal finance – two words that can either strike fear or spark intrigue, but either way, they are not to be ignored. Just like the Ethiopian farmers meticulously count their chickens at the end of the day, knowing exactly how many they have, and how many they can afford to sell or breed, we too … Read more