Many of us these days are facing economic problems. Specifically, there are 3 economic problems that are very common in this modern economy. 1. Lack of job opportunity. The young generation, commonly called Millennials, has been called the most over-qualified, under-employed generation. Many receive college degrees and are not able to find gainful employment in the economy. Put the additional problem of student debt on top of this, and we have a huge population of young people who are willing and able to work but are not able to find the right opportunities in the job market. 2. Lack of job advancement. The recovery after the Great Recession of 2009 has often been called a jobless recovery. Because of this, those that already had jobs have experienced stagnant wages. With everyone barely hanging on to the jobs that they have, and so many qualified people looking for jobs, many who have experienced being stuck in their current position with no raise, no opportunity for advancement, and scared to death of leaving their jobs. 3. Stagnant wages. As many know, facts show that median wage levels have not gone up in almost 3 decades. This means that prices of goods are going up, but the median wage earner still earns the same amount of money. This has amounted to a wage cut to most families in real terms. This trend really needs to be reversed. These 3 economic problems pervade the economy and We need to shake up economic policy in order to really address these. What economic policies to do you think would help solve these? Do you think the government is doing enough? Comment below!
Buying a home after renting for a long time might be a huge step in terms of finances. And that’s why most people find it hard to decide whether buy a home or rent. There are many Questions you should ask yourself before making the big decision. The biggest consideration when it comes to purchasing a home is the cost of buying. Buying a new house or apartment is an expensive and complex process that could last much longer than you think. Moreover, the costs of maintaining a home and property taxes are high too. If buying a new home is your final decision, you should stay put for five years, because the price of the home can fall in no time causing serious financial loss. On the other hand, renting a home sometimes feels like throwing your money away. Renting a home gives you more freedom and less responsibility. Basically, maintaining a home and all additional costs are on the shoulders of an owner. Have you made up your mind? Will you buy a home or rent? Decide after making detailed calculations of the impact it will have on your life as a whole.
In the current digital age, there are limitless innovations that can help and assist the children of our times through the practicalities of life. One aspect of life that every child has to address, once they become older, is, of course, the economic factor. Economy management games are on the uprise. As the tech industry is ever expanding more games are surfacing to help our children, in a fun and enjoyable way, deal with money management. There are many games out now that teach kids about budgeting; this makes the lives of parents that little bit easier. Most children these days have iPads, iPhones or are running android apps and games through some device. P2K money is a budgeting app for iOS, that allows kids to check their savings, budget, update and have a god visual of their balance digitally. Built for kids, it is easy fun and user friendly. ‘Kid’s money’ money is another app available on iPad, that teaches how to save, how much is needed for the items on their wish list and has great feedback from children actually using it to manage their money. Economy management games are an asset to the lives of our children as they need all the tools to help them on their journey into adulthood. STEM based learning isgame basedlearning as the real parallels of both gaming and logic based investigation are combined.