Personal FinanceProperty

How Has Airbnb Affected the UK’s Housing Market?

What Is AirBnB? Unless you have been living under a rock you have probably heard of Airbnb. Founded in 2007, Airbnb has exploded into a multi-billion dollar business and operates in over 190 countries across the world. After all, the idea of being able to rent a cozy home-like abode for less than the price of a soulless hotel room is a nice one and explains why Airbnb has become especially…
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Personal Finance

The Fastest Growing Sectors/Industries in the UK (2021)

In the business world, things are always changing. Industries can pop up in a short amount of time and entire industries can be rendered more or less obsolete in equally short periods of time. That is why when looking for a job, it is important to choose industries that…
Personal Finance

Is Automation Good or Bad for the UK’s Economy?

One concept that has been at the forefront of political thought nowadays is automation. Several more left-leaning UK politicians, such as Labor leader Jeremy Corbyn, have claimed that automation is a threat to workers as it may drive huge swathes of workers to unemployment…
BasicsSavings&Banking

A Minimalist’s Guide to Personal Finance: A 5-Step Guide

One thing that distinguishes millennials from older generations is our attitudes towards work and our careers. For many millennials, work is seen as a means to an end, a way to comfortably manage while you put talent and efforts towards things you are really passionate about. This notion is at odds with older generations who saw work as valuable in itself. Millennials have sought to achieve the…
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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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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…
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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