Posts by Jonny Thomson:
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How China gained — and lost — its spot as the world’s wealthiest nation
Posted on: 23 Mar 2023
If you find yourself playing trivia and the question is “Which country has the biggest…?” or “Where do you find the most…?”, it’s a safe guess the answer will be China. The nation is huge. For context, the margin of error in the 2010 Chinese census — 25 million people — was roughly equivalent to […]
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Financial planners aren’t just for rich people. They’re for you, too
Posted on: 09 Mar 2023
Do you know the difference between interest and compound interest? Could you tell me what bonds, stocks, or mutual funds are? Can you explain inflation and how it affects your life? If not, don’t worry — you’re in good company. According to the National Bureau of Economic Research, only one-third of people “have familiarity with […]
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With mindfulness, you can train your prefrontal cortex — and grow your bank account
Posted on: 24 Feb 2023
How much of your day do you spend thinking about money or fretting over finances? According to a recent NextAdvisor survey, the majority of Americans admit to being very or somewhat anxious about money, with one-third saying it’s their biggest source of stress. When your finances are going well, life is happy. But when the […]
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As the world goes cashless, how are our spending habits changing?
Posted on: 08 Nov 2022
In 1949, a businessman named Frank McNamara was dining at a New York City restaurant when he realized he had forgotten his wallet at home. The bill came. His wife covered for him. Embarrassed and resolved never to let it happen again, McNamara helped start the Diners Club — the world’s first payment card that […]
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Can money help you quit bad habits?
Posted on: 25 Aug 2022
Everyone has done it at one time or another: feeding into our impulses to buy the latest objet du jour on social media or reaching for the items displayed in the checkout line, which leads to overspending. While a once-in-a-while purchase can be chalked up to a moment of weakness, consistently overspending is considered a […]
