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Economy Money

What Happened in 1971

We examine what happened in 1971 and why money has value. In addition, we will also look at purchasing power, inflation and compare the value of the dollar over several decades. President Richard Nixon’s actions in 1971 to end dollar convertibility to gold and implement wage/price controls were intended to address the international dilemma of […]

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Economy Money

Will Fedcoin Replace The US Dollar?

A new central bank digital currency (CBDC) is coming to the United States that many are calling “Fedcoin.” Fedcoin is the new digital currency created by the Federal Reserve Bank of the US, which features it’s own digital wallet. Will Fedcoin replace the US Dollar? In addition, learn how the new digital currency is different […]

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Money

Making Money As A Teenager

There are so many ways for making money as a teenager: Side hustles, temporary jobs, self-employment and much more. Teens can combine a job with developing skills such as money management, budgeting, credit and financial planning for amazing financial success. The ways of making money as a teenager today are endless. In fact, there is […]