by Piroska Nagy-Mohacsi | Jul 25, 2022 | Finance, Piroska Nagy-Mohacsi
Tracking the economy might seem overwhelming, but there are simple tools to help you. Understanding how the economy works can improve the way you invest. Economic cycles repeat, and the data necessary to assess these phases is at your disposal. Interest rates,...
by Piroska Nagy-Mohacsi | Jul 25, 2022 | Finance, Piroska Nagy-Mohacsi
A financial setback can happen to you without much warning, and you may not be prepared or have the resources to deal with it. This can leave you in a difficult position as you attempt to recover from the setback. Even when you lack the financial resources to recover...
by Piroska Nagy-Mohacsi | Jul 25, 2022 | Education, Finance, Piroska Nagy-Mohacsi
The layoffs universities are making make the rise of inflation evident. However, it’s not necessarily how much labor costs are leading colleges to cut back. In 2022, just about everything will cost more, and such rising prices are called inflation. Inflation is...
by Piroska Nagy-Mohacsi | Jun 30, 2022 | Finance, Piroska Nagy-Mohacsi
Most pundits on television news shows argue that inflation is always a bad thing. This is not always true. Inflation is the increase in the price of goods and services on a nominal basis. An item that costs $100 this year might cost $105 next year. This 5% increase is...
by Piroska Nagy-Mohacsi | Oct 24, 2021 | Finance, Piroska Nagy-Mohacsi
Macroeconomics focuses on the performance of economies and how policy decisions both at home and abroad can affect the overall health of an economy. Whereas microeconomics focuses on individual and business decisions within an economy, macroeconomics is concerned with...
