Daily Interest: A Very Expected Economic Impact
This place looks nice enough to visit even if it wasn’t Mordor.
Here’s the news that caught my eye today while wondering if winning ”Person of the Year” comes with a monetary prize.
(It’s probably just honorific. Time is so cheap.)
- We used The Hobbit as inspiration for our last burning question about money, but the economic impact of J.R.R. Tolkien’s work is fascinating in and of itself. Watch this video to see how the profits from his work could equal the GDP of Greenland.
- Is it counter-intuitive to pay for personal finance books? Not if they’re the best of the year. Check out this top-five list, covering entrepreneurs, getting out of debt, and more. (And then check your library to see if you can get them for free.)
- Nerd Wallet offers a pretty thorough guide for managing financial details while studying abroad. What makes it so comprehensive? Why, quotes from our own guy abroad, Mike Restiano, of course!
- What would you do if a recruiter asked you to fudge your résumé? If you’re Maggie Hamilton, you don’t go through with it… and then you stop hearing from that recruiter.
- Some student loan borrowers are getting a great gift this year: forgiven student loans. The Rolling Jubilee (remember them?), just mailed its first forgiveness letters. If you receive one, happy holidays to you!
- Let’s face it: If you’re of age, you may indulge in an alcoholic beverage over the holidays—be it nog-based or otherwise. Well, Cheapism has you covered with ways to “drink responsibly,” i.e., find holiday liquor on a budget. (But of course, you should always “drink responsibly” in the traditional definition as well.)
What money-related news caught your eye today? Let us know in the comments.
(Photo: SidPix)
As long as readers are of age (see Ryan’s last comment above), they may be able to get cheap drinks if they can find a place where “Drink Exchange ” is set up. Not only can you get free drinks, but it is a good Economics lesson — you can find out how markets work!
http://www.wired.com/business/2012/09/st-drink-exchange/
That’s fascinating but definitely seems dangerous. Hard enough for some to drink responsibly, even when they aren’t buying shots of tequila because they’re “the best deal.”
I’m fascinated by the whole idea of prices adjusting in real time. I wonder if it would work for hamburgers or pizza. (hint: a possible business idea for aspiring entrepreneurs!)