Personal Finance Archives - Page 16 of 77 - The Outlier Model

How To Make Money by Renting Out Exotic Pets

Jenny Smedra / May 19th, 2022 / No Comments

Many animal lovers look for ways to turn their passion into a fulfilling, lifelong career. In addition to caring for these animals, some people have found ways to make money by renting out exotic pets. What Are Exotic Pets? Although the definition varies by culture and location, exotic pets are rare animals that are not typically kept as pets. This includes any animal that isn’t native to the...

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7 Bad Effects of Saving Too Much Money

The Bad Effects of Saving Too Much Money

Jenny Smedra / April 28th, 2022 / No Comments

The first piece of financial advice we receive as children is to “save your pennies.” Although this is a good standard for most people, there are times when penny-pinching can affect your mental, physical, and fiscal health. Here are 7 bad effects of saving too much money to watch out for. 7 Bad Effects 0f Saving Too Much Money 1. Your savings isn’t working to your benefit. If you...

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Understanding and forecasting movements in global financial markets

Justin Weinger / April 15th, 2022 / No Comments

Today’s markets are characterized by more fast movements and volatility than ever. To understand how exactly they move, though, one needs to be aware of the forces, acting like engines and driving the markets in a certain direction, and that is not as simple as it sounds. Those forces can vary, which makes them even more unpredictable. One tweet from Elon Musk about Dogecoin, for example, and its...

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The 10 Biggest Financial Mistakes Millennials Make

The Biggest Financial Mistakes Millennials Makes

Jenny Smedra / April 7th, 2022 / No Comments

Older generations tend to harp on the mistakes of the younger ones. However, the millennial generation (born 1980-2000) seems to receive the brunt of recent criticisms. But, is there some truth in their observations? The way millennials view and manage money is vastly different than previous generations. And, this isn’t always a good thing. Many consider our generation to be the least financially...

Posted in: Personal Finance Tagged with: financial mistakes millennials make