InvestingStrategies

5 Passive Income Ideas That Still Work In 2021

So you have a job but want a way to earn some extra dosh on the side? While many are crushing it, making extra money via the gig economy (ala Uber, Upwork, Fiverr etc), none of these are in any way, shape or form — passive income. The reality is — not everyone has the time or pick up a second job or participate in the gig economy. Karl Marx famously argued that the only thing…
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Personal Finance

Could a Universal Basic Income (UBI) Work In The UK?

The idea of a basic income in the UK is not exactly new. UK MPs have been discussing the possibility of a Universal Basic Income (UBI) for much of the 20th and 21st centuries. What Is Universal Basic Income (UBI)? The idea behind a UBI is to provide every citizen with…
Personal Finance

How the Gig Economy Is Changing the UK Workforce

The rise of the gig economy in the past 10 years has dramatically changed the landscape of the workforce. Increased globalization and the accompanying technological changes have created a new class of workers that are distinguished as being highly mobile, flexible, and agile enough to match consumer’s ever-changing preferences. In short, a gig economyis a labor market that is…
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InvestingProperty

Why Millennials Aren’t Buying Homes Anymore

If one thing is obvious about today’s economy, young people are not buying houses as much as previous generations. According to Business Insider, only a third (31%) of UK millennials own any property at all, behind the global average of 40%. Further, only 74% of UK…
Personal Finance

Representative Money: Advantages and Disadvantages

In economics, people normally distinguish between 3 different types of money: Fiat moneyCommodity moneyRepresentative money. Before exploring representative money in-depth, let’s first go through a few brief definitions of each to understand the distinction…
InvestingStrategies

Momentum Investing Strategies: What Do They Look Like?

In some ways, rising stock prices are kind of a bad thing for investors. Rising stock prices means that a commodity is hot, which means more and more people will start to jump on the trend, eventually causing the securities to become overvalued. After all, if everyone knew the secret to making it big in investing, then the strategy could not work for everyone. Momentum investing, as the…
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Personal Finance

Commodity Backed Money vs Fiat Money

If you have spent any time around financial circles, odds are you have heard the two terms commodity money and fiat money. While both are types of money, commodity money and fiat money are differentiated based on what they represent and what grounds their…
Bank AccountsReviews

Revolut Review (Pros, Cons & Is It Right For You?)

What Is/Who Are Revolut? Revolut is an app-based bank founded in July 2015 with over 6 million users worldwide, of which over 2 million are in the UK. It quickly gained popularity among tech-savvy travel enthusiasts by offering cheap travel money via an app and a prepaid debit card. Since then, it has expanded the app’s features and product offering to include cryptocurrency trading and…
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