Owe If you owe it to yourself, do you really owe it? After years of quantitative easing (“printing money”), the world’s central banks own 1/5 of their respective countries’ debt. But central banks are owned by their States. So, the owners of the government debt are the governments themselves. Funny money Guessed the Word? …
Tag: money
Women’s own Women tend to own less money than men. Besides the gender pay gap, there’s an investing gap. In the US, only about 1/2 of women have started saving for retirement (compared to 65% of men), and even those who’ve started have less than 1/2 the savings of men Guessed the Word? Series 39 (8/9) …
Wish-list We over-estimate how welcome spontaneous gifts will be. Recipients prefer gifts from their wish-list. But money as a gift is liked even more: it’s always the right colour, and fits everybody Guessed the Word? Series 15 (3/3) [photo: mark adriane]
Neo-banks New digital-only branch-less ‘banks’ (eg. Atom, Monzo, Starling, Tandem) are not actually banks in the traditional sense – beware! They use apps to provide low-cost money management (lending, investing, shopping) from other providers, including traditional banks What’s the Word? Series 2 (10/10) [photo: JordanHoliday]