Alexis T. (@alexis_tt) - Profile Photo

Alexis T.

@alexis_tt

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"Making money is art and working is art and good business is the best art." ~ Andy Warhol

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Joined Sep 30, 2020

“The more concerned we become over the things we can’t control, the less we will do with the things we can control.”

Alexis T. (@alexis_tt) - Profile Photo

@alexis_tt

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People don't save even if they can

People want to save for many reasons: for unforeseen circumstances, retirement, holidays, or to avoid debt. Others think it is a good idea to save because they should.

While not everyone is in a position to save, of those who can save and knowing its benefits, few do it. According to Money Charity, about half of all Britons don't have money saved to fall back on. In the United States, the average saving rates were around 7.6 per cent in 2019.

Sneakers: A Mark Of Culture

Sneakers are big business around the globe and have risen from normal fashionwear into cultural trademarks, with a market valuation of USD 79 billion in 2020.

Sneakers, called trainers in the United Kingdom, are smart and comfortable to wear, part of the reason they have found their place even on formal occasions and at the workplace. The pandemic made people prioritise comfort with sales of athleisure products (like sneakers and yoga pants) skyrocketing.

Non-fungible token (NFT)
  • In economics, a fungible asset is like money - it is something with units that can be interchanged. With money, a $10 can be exchanged for two $5, and it still has the same value.
  • If something is non-fungible, it has unique properties and cannot be interchanged with something else, such as a house, the Mona Lisa painting, etc.
  • NFTs are distinct assets in the digital world. They can be bought and sold like any other property, but they have no tangible form.
  • The digital tokens are like certificates of ownership for virtual or physical assets.
Definition of a budget

A budget is an estimation of income and expenses over a set time. It is usually drawn up and re-evaluated periodically.

Budgets can be made for a person, a group, a business, a government, or anything else that makes and spends money.

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