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Archive for the ‘concept’ Tag

The Money Hacks Carnival #25 – The Olympic Edition

Tuesday, 12 August 2008, 4:36 | Economics | 0 Comment
by Numan

There can really be no other theme for this edition of the Carnival hosted here, at The Personal Financier, other than the Olympics. This edition will focus on the economic and financial aspects of these glorious games. If we drop the mask of cynicism that many of us usually wear as a protective measure a […]

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How to Make Saving More Rewarding and Tangible: 5 Practical Tips

Thursday, 17 April 2008, 13:49 | Money Saving Tips, Psychology | 0 Comment
by Numan

Increasing the tangibility of your savings and rewarding yourself for achievements is crucial for success in this long term effort. Saving money consistently is hard. The temptations and needs are numerous. There will always be just one more thing to buy to make everything perfect. How do we resist the urge and how do we […]

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Inflation, Frugality and Vampire Energy – RoundUp

Saturday, 23 February 2008, 17:07 | Economics, Money Saving Tips | 0 Comment
by Numan

Inflation You guessed it. Talking inflation again. The NY Times published an article on Thursday discussing the problems facing the Fed as growth lags and inflation rises. As I’ve written in past posts the dilemma the Fed is facing is growing ever more difficult. With no foreseeable end to the slowdown and with prices increasing […]

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What is the Economic Value of Happiness?

Tuesday, 15 January 2008, 5:47 | Economics | 0 Comment
by Numan

Economic models (usually micro-economic) use the concept of ‘Utility’ when describing balance and equilibrium. As we all know having money doesn’t necessarily make you happier (it doesn’t hurt either). Money is a very simple, straight forward and usually irrelevant variable when discussing social sciences and behaviour. ...

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