Tag Archives: Money

How to save money

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Happy Wednesday lovely people, hope your week is going well. So today, I would give you tips on how to save money.

Plan out your spending: know what you spend most money on set your priorities so you don’t waste money on unnecessary things.
Make your own gifts: Diying things will save you a ton of money because you can spend as little as £5 in making it instead of spending £30 in purchasing it and the person you give will appreciate it because you put so much time and effort.
Write a list before going shopping: this will help you to purchase only necessary things.
Learn to repair: there are some things that just need repairing instead of wasting money replacing it, you can just repair and save yourself some money.
Stay healthy: this will help you spend less in hospital bills, cigarettes, drugs,medications and probably insurance.
Cut down on electricity usage: turn off the lights, turn off the tv and go outside to read and enjoy nature or you can go for a walk.
Compare prices: walk around the mall and compare the prices of certain commodities so you can get it for the best possible price in order to save money.
Cook: to be honest, we waste our money on fast food when we can just buy the ingredients to cook good food and we can re use the ingredients over and over again.
Sign up for freebies: who doesn’t love free things?
And finally, have a savings account: this is pretty self explanatory

Read more useful articles by Esther here!

 

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One of the World’s Richest Countries Is Voting on Whether to Give All Its Citizens $2,500 Per Month

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Next month, the world could get its first national basic income, but the likelihood of it passing remains a long shot.

The Swiss will vote on June 5 whether to institute an unconditional basic income that will take the place of some welfare benefits. The concept of basic income is a hot topic nowadays as the world considers a future with less work, but Switzerland will be the first country to actually vote on it.

Proponents of the stipend say that it will give all Swiss a decent living and allow them to “participate in public life.” The text of the referendum doesn’t specify how much each citizen will receive, but advocates have suggested 2,500 francs or $2,500 for adults and 625 francs for kids per month.

Opponents of measure–including the Swiss government-argue that an automatic income is a disincentive to work and will increase taxes. The government also says the stipend could hamper the Swiss economy by causing a shortage in skilled workers, prompting businesses to relocate abroad. Plus, the suggested $2,500 per month stipend adds up to an annual sum that’s just barely above the national poverty line, according to Bloomberg. Those arguments seem to have resonated with voters. A poll conducted in April showed that just 24% of voters supported it; 4% remained undecided.

But even if the Swiss reject the measure, the idea of basic income is likely to remain a timely talking point, as world leaders grapple with wealth inequality and concerns that machines could someday displace a vast share of workers.

Lausanne, Switzerland made the news last month when its city council narrowly passed a motion calling for a city-wide basic income trial program. Other governments–namely those of Ontario in Canada, Finland, and the Netherlands–have also toyed with the idea of giving their citizens free money to cover basic needs. And some players in Silicon Valley are also infatuated. Y Combinator president Sam Altman said in January that the startup incubator wanted to fund a study of the idea.

At least one basic income acolyte says Switzerland is an ideal testing ground for the concept given its wealth. (It’s typically ranked among nations with the highest per capita GDP.) Former Greek Finance Minister Yanis Varoufakis told Bloomberg that, “A rich country like Switzerland has the great opportunity to try out this great experiment.”

(originally seen on The Fortune)

What do you think about this?

Do you think Swizzerland should vote Yes or No?