Fiat money

It is really easy to blame your financial difficulties on money. Yet what some people forget, is that this medium of exchange allowed us to create what we have today. Without something to use as currency there would be no society. A society consists of a group of people working together to create an orderly community. The creation of which would not be possible if the basic things that humans need are not satisfied. Money helps create stability by setting a certain value on all the commodities…

what you might not know is that the marijuana industry has been blocked out of the banking industry. The reason these banks will not take the marijuana industry’s money is because it is still federally illegal to do anything with marijuana and the banks fear being raided or shut down by the DEA or Drug Enforcement Agency due taking “drug money”. This had lead to many problems in the industry from making it very hard to start new shops to being squeezed out of the market by people with bigger…

Savings versus surplus savings: Off-the-top savings, money that is taken away from your paycheck before you have access to it. It looks like it was never even there and is put away into savings before you can touch it. Surplus savings, money that is left at the end of the month is put into a savings. 2. I believe that off-the-top savings works much better, since that money is put into savings before it be can counted into a monthly budget and it is money that one doesn’t have to think about.…

owes money to the federal government as a result of not paying their taxes, not filing their taxes, or not filing their taxes correctly. It is estimated that nearly twenty percent of Americans do not pay their tax debts every year. Some people do not pay on the taxes that they owe because…

any social contributions, income taxes, etc., payable to employees.” It essentially is the monthly, or sometimes, weekly amount of money that the employees are getting paid by their employers because of their contract. One thing that all working people have in common, is the income tax that they have to pay, based on the amount of money that they earn, the more money you earn, the more tax you are going to pay. The income tax is not required to be paid by people that are either in full time…

the home taking care of that child. Making sure that you have all of your ducks in a row so that money coming into the home is not disrupted is the best idea before going and buying a home. Planning for any adverse future events is the best option. Finally, setting a budget that the whole family can adhere to is a good idea before deciding to buy a home. One needs to make sure that there is money left over for savings in case something happens that cannot be avoided. Also, setting a budget…

mcdouble at McDonald’s cost $1.50, if the minimum wage was to go up, the cost would be very different. I imagine the same hamburger would sell for $5. Minimum wage was originally intended for part time workers and high school workers who want a little money in their pockets. I agree with Bernie Sanders on his website when he says that for those who work 40 hours a week under minimum wage should not be in poverty, but we should not raise the minimum wage to help the adults that are living off of…

lifetime. While student loans may provide assistance in finishing college, McArdleBloomberg argues “that much of the economic benefit of college is the credential, rather than the education”(McArdleBloomberg) furthering that students spend ample money and end up not learning the materials. While that may be true, students still believe in that doing well in school will guarantee a job. From that, these students will exhaust themselves through these loans and still end up with massive debts…

Every day, in training and tournaments, an athlete may suffer an injury that could terminate his or her booming career. Professional athletes are also having issues in managing their finances, thus, offering the additional slot on how to handle the money that they earn. Concisely, college sports contribute to the promotion and marketing of an institution. The sacrifice that the athletes undertake to risk their lives in sports and win the tournaments to build the brand of their school needs to…

the athletes publicity is producing revenue for universities and the NCAA (Breslow, 2013). While controversy throughout this pivotal topic is understandable, college athletes should not receive additional financial help because education leads to money, payment plans would be a disaster, and college athletes receive “lavish” benefits. Paying college athletes for publicity rights stirs up extreme controversy as the NCAA received numerous complaints. The issue here is whether student-athletes,…