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Trinity

@trinity_

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"My adversary is the world of finance." ~ Francois Hollande

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Aug 22, 2020

22 Published

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Financial therapy

Matters of money is a struggle for many people and can even become a phobia. To deal with the phobia, many people are turning to financial therapists for help.

Financial therapy is a form of therapy that untangles the relationships with money by treating the emotional root of money stress instead of the behaviour itself.

Trinity  (@trinity_) - Profile Photo

@trinity_

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Can financial therapy untangle our relationship with money?

bbc.com

Chess And Strategic Thinking

The game of chess helps build strategic thinking, a must-have skill in business.

It is a game of kings that goes back 4500 years under various names and rules, reflecting and teaching important business skills that have remained timeless.

Seizing The Middle: Chess Strategy in Business

fs.blog

The Pizza Principle: Linking Fast Food With The Economy
  • Fast food consumption can be used as an index to measure consumer behaviour and market changes.
  • The Pizza Principle, first noticed in New York City in the 80s, revealed that the cost of a subway ride and a slice of pizza remained the same for two decades.
  • How much a Big Mac from Mcdonalds (or a similar offering from KFC) costs around the world can measure how the same product costs in different countries. If the product price is the same, the countries have a Purchasing Power Parity (PPP).

How fast food reveals secrets of the economy

bbc.com

The Face On The Banknote

Money is one of the tangible symbols of a nation's identity and history. Banknotes and coins evolve over time just as a nation evolves, and currency notes feature portraits of people who have made an impact on generations.

Each banknote has a story behind its creation and is a window to its past struggles and accomplishments.

What can the faces on its currency tell us about a country?

nationalgeographic.com

Protecting Intellectual Property

The idea of property protection has been around since the early 500 BCE in Greece. Their chefs were granted year-long exclusive rights for creating specific cuisines.

Now, the goal of intellectual property protection has stayed the same, which is to prevent the unlawful copying of ideas and encourage creation of new products which will benefit the public and strive for more free-market competition.

What's the Difference Between Copyright, Trademark, and Patents?

mentalfloss.com

Terrified Of Retirement

Many people get identified with their work to such an extent that retirement feels like a big question mark on what will happen to them once they are ‘released’ from what they did their whole life.

One has to see if working beyond the retirement age is an option, as many do keep working well into their 70s, comforted by the psychological security, social acceptance and financial independence that work provides.

“At some point, I will retire — and that terrifies me”

ideas.ted.com

The slow increase of consumerism

The idea of people as consumers took shape before WWI, but it became more common in America in the 1920s.

People have always consumed the basics of life - food, clothing, shelter. They had to work to get them, but there was little economic motive for increased consumption among the masses. Attempts to promote new fashions and boost sales slowly increased as the pursuit of wealth extended beyond the very rich.

How the world embraced consumerism

bbc.com

Naval Ravikant

"Wealth is having assets that earn while you sleep. Money is how we transfer time and wealth."

Money or Wealth - Nat Eliason

nateliason.com

  • You have no idea where your money is going.
  • You’re chronically overspending.
  • You’re not saving any money.
  • You struggle to afford the things you really want.
  • You have trouble keeping track of bills.
  • You often face cash flow problems.

The Miracle Money Cure: Six Common Financial Problems a Budget Can Fix - The Simple Dollar

thesimpledollar.com

Hertz was the first national car rental company, followed by Avis.

In 1956, Hertz launched a slogan, "More people by far... use Hertz Rent-A-Car." Avis followed with its "We Try Harder" campaign in 1960, which evoked a response from Hertz, "For years Avis has been telling you Hertz is No. 1. Now we're going to tell you why."

The 12 Most Intense Marketing Wars Ever

businessinsider.com

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