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Money

101 STASHED IDEAS

If we feel shame concerning money, we may splurge more to cover it. If we feel unworthy of all the money we get, we might feel shy to get what we deserve.

If we are passive about money, we won’t care about it and might even avoid it. Due to past traumatic experiences, we can perceive money as dangerous.

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Money

As British designer Vivienne Westwood says: Buy Less, Choose Well and Make It Last.

  1. Buying fewer clothes, and reusing the ones you already own by styling them in creative ways is the first step.
  2. Choose eco-friendly materials, and buy second-hand if possible.
  3. Wear them till they wear out, repairing them when they get torn, and recycling them when discarding.

What Is Fast Fashion? - Good On You

goodonyou.eco

  • In some cases, purchasing a luxury item can increase self-esteem and give a sense of belonging.
  • Some people buy luxury goods as a form of retail therapy.
  • Others reward themselves with a luxury item that they typically can't afford.

The Psychology Behind Why People Buy Luxury Goods

investopedia.com

The old-age dependency ratio (OADR)

Economic doomsayers have predicted that the ageing populations of industrial and post-industrial countries will be bad for the economy because fewer people will work and contribute to economic growth. More people will collect pensions and demand health care.

  • The United Nations estimates that the share of the populations aged 60 and older will increase between now and 2050.
  • The number of people aged 60 and over are double in the developing countries to that of the developed worlds.
  • Countries with increased life expectancy and declining birth rates are raising the average age of the population.

The myth of an "ageing society"

weforum.org

Bitcoin is a movement

Bitcoin isn't merely money and was never really meant as an investment. To its creators and followers, bitcoin has always been an ideological undertaking, more philosophy than finance.

The goal of bitcoin is to free repressed economies and to take down global banking.

The Bitcoin Ideology - The New York Times

nytimes.com

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