Angela

• EQ means emotional intelligence, our ability to understand emotions and handle them without letting them overpower us.
• EQ is a powerful social skill that helps us recognize, understand and distinguish the feelings of ourselves and the people around us.
• Money EQ is how we feel about money, and is key to a healthy, prosperous relationship with wealth, no matter how much we have or earn.

• Fashion shifted to high gear in the last twenty years when trends started cropping up faster and clothes became inexpensive.
• Shopping used to be an occasional indulgence earlier, but due to online shopping and rising income, it has become a hobby.
• Fast fashion is clothing that is cheap but is copied from the trendy designs taken from big fashion brands, celebrities and the catwalk runway.
• The newest styles are brought to the market so that customers can buy them while the trend is still hot, at a fraction of the cost of the original.

Many consumers who buy luxury goods are not in a financial position to afford luxury goods. They do not always act rationally and may spend thousands of dollars on a luxury brand that performs the same function as a similar durable item at a much lower cost.

Many people prefer to buy luxury goods, but the price tag can be off-putting. Unless you earn a high salary or have a great personal savings habit, buying luxury consumer goods can be cost-prohibitive.

• 50% of your income goes toward essential expenses: rent, bills, minimum debt payments.
  
• 15% percent goes to retirement savings. They also suggest you increase this by 1% each year.
  
• 5% goes toward unexpected monthly expenses or building an emergency fund.

What you do with the rest of the money it’s up to you.

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.

As bitcoin started to attract political parties, regulators, and speculative investors, bitcoin's narrative as a tool for change was replaced by bitcoin as a kind of crypto-credit card.

• Within the broader movement, bitcoin is seen as a tool with potentially transformative effects on retail payment and asset management.
• It is also considered a get-rich-quick scheme with some financial privacy.
• Some see bitcoin as the ultimate alternative to the global banking system.

The risk of unpleasant things happening is always there for everyone, and though it seems that job loss, divorce, financial fraud etc. only happens to other people, no one is exempt from these things, given enough time.

While frugality is undoubtedly important in personal finance, boosting your savings can also be done by earning more money.

Whether you're self-employed or working for somebody else, your income is determined by three factors.

• Your knowledge and skills.
• Your productivity, both in quality and quantity.
• Your ability to sell yourself and get paid what you're worth.

Black Friday can involved a lot of unexpected and unwanted pauses, whether in traffic or in line. Use the pauses to practice being in the moment.

Check out the setting around you. How do the people look? Even notice the products displayed in the stored. Really take it all in. Then notice your breath, how you feel. If you’re shopping at home, pause while the images load to gaze out a window, take three deep breaths, and notice the world outside the screen.

The Pepsi Challenge of 1975 was the most widely known marketing clash between Pepsi and Coke.

Pepsi paraded around its triumph in the taste test for years, prompting Coca-Cola's horrific New Coke debacle in 1986. Since then, they've taken the fight in outer space, over social media, and fought over loyalty programs.