What is Fractional Reserve Banking? Fractional reserve banking is a banking system in which banks are required to hold only a fraction of their depositors’ funds in reserve, and are allowed to lend out the rest. The reserve requirement is set by the central bank of a country and is typically a percentage of theContinue reading “Fractional Reserve Banking, Designed To Fail?”
Category Archives: opinion
Consumerism, is draining your energy and your bank account.
I watched a Tik Tok the other day and it was this women in the aisle of a superstore… think Walmart, even your local grocery store has this “aisle”. Its the seasonal aisle, with candy and in the summer there’s balls and cups, frisbees, beach chairs… etc. This women in the video I watched essentiallyContinue reading “Consumerism, is draining your energy and your bank account.”
Is the Gig economy helping or hurting our finances?
The Gig Economy and its Impact on Personal Finance The gig economy, characterized by freelance and contract work, has been on the rise in recent years, and has particularly appealed to millennials seeking flexibility and autonomy in their careers. However, while the gig economy offers a number of benefits, it also presents unique financial challengesContinue reading “Is the Gig economy helping or hurting our finances?”
Millennial Money Takes 