The cost of living in the Philippines is low compared to other major Southeast Asian countries. According to Mercer’s Cost of Living Survey for 2017, Manila was ranked at 95 out of the 209 cities surveyed. This placed Manila as having a cost of living lower than Singapore and Bangkok, but higher than Hanoi. Within […]
How Does An Economy Work?
The concept of an economy could – and should be – applied to your household in as much as an economy should be applied to a region. i.e. Country, State, County, City or Barangay. The five burros of New York City could be considered “Barangay’s.” The word economy is Greek and means “household management.” Economics […]
The Largest Crypto-Ponzi Scheme In History
The Ponzi Scheme. Despite the notoriety of Charles Ponzi, the scheme that carries his name appears to have been first perpetrated by Sarah Howe in Boston in 1879, when she created the “Ladies’ Deposit” to help invest money for women. When we think about the most noted Ponzi schemes in recent history, we immediately focus […]
Minimum Wage – Being Able To Eat
Minimum has always been a contentious debate about what is right, what is wrong and can be traced to its origin in 1349 with the the Ordinance of Laborers, which was a decree by King Edward III that set a maximum wage for laborers in medieval England. King Edward III, who was a wealthy landowner, […]
What’s New For Social Security In 2021
As the new year is quickly coming upon us, for those that are receiving social security benefits, it’s worth taking a good look at what changes are going to be in store for the new year. The good news is, you should be getting a raise due to the Cost Of Living Adjustment (COLA). The […]