Essays on Personal Finance

Business Environments and Macroeconomics In the business environments, macroeconomics involves external factors which affect the business along with resource allocation. On the other hand, microeconomics concerns aspects associated with the availability of resources, their usage and how they influence individuals and the organization at large. Hence, understanding the microeconomic factors within...

Infrastructure Investment and Economic Development Many politicians and economists have associated good infrastructural investment with economic development in a country. For instance, efficient transport system eases movement of employees within the country while an effective energy infrastructure supplies power to companies and organizations at lower rates. These arguments point out that...

The Impact of the Housing Sector on the Economy The housing sector is a vital component of an economy. Trends in the sector are likely to be replicated on an economy-wide scale leading to far-reaching effects as the 2008 global financial crisis demonstrated (Haberler, 2017). Housing contributes to the economy in...

The return to the gold standard will stabilize the already falling value of the dollar, boost the confidence of foreign and domestic investors and discipline spending by the federal. The United States constitution enables for a gold standard for the nation with a specific direction that Congress define the dollar...

The relationship between households and financialisation. Financialisation is a term used to refer to the process of making and accumulating profit through financial channels in financial institutions rather than the conventional way of trade and production of commodities. The behaviour of household consumers keeps changing depending on payment stagnation, increase...

The Health Costs in the U.S. The health costs in the U.S. are growing rapidly. Rising costs can be attributed to the new expenses of acquiring contemporary medical technologies for the use in the treatment of the aging baby boomers together with the inefficient and expensive system of health care funding...

Profit Motive Profit motive refers to the aim to accomplish a financial gain or material bid. It may as well be described as the fundamental reason as to why people or organizations take part in any activity. In economics, the profit motive is the incentive of companies which function for profits...

The Affiliated Managers Group Inc. The Affiliated Managers Group Inc. is an American International asset management Company whose headquarters is in Massachusetts (AMG, np). AMG was formed in 1993, from the brainchild of TA Associates a former private equity firm. Mr. Healey was recruited in 1995 from Goldman Sachs, where he...

Define and explain investment decisions in the Capital Market with respect to expected returns, discounted cash flow, and classical utility theory.  Give specific examples. A capital market is part of the financial system which aims at raising capital through the selling of binds, shares and other long-term investments. They offer various...

Monetary Policy Monetary policy is the action taken by the Federal Reserve to achieve specific economic goals. The main targets are the inflation and the unemployment rate. Some of the tools used to achieve the goals are open market operations, the reserve requirement and the discount rate. The policies the Fed...

The Federal Reserve uses various monetary tools to alter the money supply in the economy indirectly through the banking system. The three major instruments used include: open market operations, reserve requirements, and the discount rate (Mankiw, 2007). Open market operations involves the Fed buying or selling government bonds to the...

Savings and Investment: A Key to Financial Freedom Savings and investment is a critical subject that people need to understand for proper management of finances. In particular, financial discipline is vital for individuals who want to succeed in investment. Michelle Singletary's Invest For Retirement or Save For College? What Your Child...