Money - The World Magazine

“Maricoin”, the cryptocurrency for the LGBTQ + community created in Spain

8Jan

By MagazineNo Comments

Algorand, Cryptocurrency, Francisco Alvarez Cano, Maricoin, Money, Startify

“Maricoin”, the cryptocurrency for the LGBTQ + community created in Spain

Cryptocurrencies are here to stay and are becoming more and more diversified. Recently Spain have launched Maricoin, an exclusive digital currency for the LGBTQ + community . This cryptoactive debuted on December 31, 2021 and is a pilot project for the Chueca neighborhood, and which will be accepted in some gay-friendly establishments in the Madrid region, announced Expansión. Its creators have proposed that Maricoin become a cryptocurrency in common use in the LGBTQ + community around the world , although for the moment, it can only be used in Madrid and in some places in Barcelona, Ibiza and Maspalomas, in Gran Canaria. Francisco Alvarez Cano, CEO of Maricoin and CEO of Startify , commented: "It will have value as a means of payment for any transaction at the same time as it b...

Why do some people make money more easily than others? (and without having to work a lot)

7Jan

By MagazineNo Comments

Money

Why do some people make money more easily than others? (and without having to work a lot)

Losing hurts and sometimes a lot. Earning $ 100 can make many people happy, but losing $ 100 can provoke an emotion even more intense than that joy. That example is given to BBC Mundo by Arman Eshraghi, Professor of Finance and Investments at the University of Cardiff, to explain that magnetic resonance imaging of the brain has shown that “losses trigger greater activity in areas of the brain associated with negative emotions than those that generate (equivalent) earnings in pleasure centers”. Although in the past, the medical field was the one that mainly focused on the study of the brain, in recent decades, other fields, such as finance, have also sought to understand it. Economics has been merged with neuroscience to give an explanation to our behaviors, either as investors ...

The easiest and fastest way to increase your credit score

7Jan

By MagazineNo Comments

Credit score, Money

The easiest and fastest way to increase your credit score

If you want to borrow money to buy a car, a house or something else of great value, it is important to have a good credit score in order to be granted such a loan. Therefore, it would be very convenient for you to know how to increase your score as soon as possible, especially if you need a quick loan. For this, you must first know that your credit score has five components, and while all are important, only one can be changed quickly. The most important component, equal to 35% of your score, is your payment history. Another component is the duration of the credit history, which represents 15%, another is the combination of credit you have, which is 10%, and another is the amount of new credit that you have opened, which is 10%, as explained in Money . In order to improve the a...

Internet scams: They warn of influencers posing as financial experts and they are not

7Jan

By MagazineNo Comments

Internet Scams, Michelle Jackson, Money

Internet scams: They warn of influencers posing as financial experts and they are not

Michelle Jackson is an influencer on a mission to help her readers and listeners become financially empowered; However, she recognizes that although she is passionate about the subject, she does not consider herself a financial expert. She warns that you have to be very careful with influencers who call themselves experts without being one, as they can represent a great risk, published Business Insider. Michelle says that she creates personal finance content, but she will never call herself an expert and recommends that when someone presents themselves in this way, you should ask yourself 4 questions before following her advice : 1. Is the influencer revealing that they are making money from the tools or products they share with their online community? Jackson reminds that legally, t...

Harvard economist Laurence Kotlikoff shares money rules for a healthy financial life

7Jan

By MagazineNo Comments

Laurence Kotlikoff, Money

Harvard economist Laurence Kotlikoff shares money rules for a healthy financial life

The beginning of the year is always a good reason to set new goals that help us achieve a better version of ourselves. And to improve our lives in the area of personal finance, economist Laurence Kotlikoff shared on CNBC some rules that he has learned and teaches people to keep their portfolios strong and healthy . Recommendations for a better economic life 1. Don't borrow to pay for college. Kotlikoff recommends not doing it because it is risky and expensive, his suggestion is to seek scholarships and apply to less expensive institutions. 2. Own your home, don't rent and try to buy with cash If they have the possibility to do so, the economist considers that it is better to have the money invested in the house because it is a way to protect themselves from federal and state taxes o...

3 things that are worth paying the extra money for

6Jan

By Magazine2 Comments

Auto, Extra money, House, Money, Tools

3 things that are worth paying the extra money for

We know that you are always looking to save as much money as possible, but the truth is that there are times when the best thing you can do is pay a higher price to ensure that you are getting a good quality product. Below we are sharing three such cases. 1 – Tools Whether you want kitchen or power tools, you should have the best quality items if you are going to use them regularly, according to Money Talks News. Very thin pots or dull knives will make you lose your patience and you will prefer to eat outside. Power drills and flimsy tools won't do you any good, and you won't be able to make the necessary repairs at home . So, in this case, it is best to spend on these new products. 2 – House Some inexpensive homes can be of poor quality. Although they are new, the walls could...

How cybercrooks convert paper checks stolen from mailboxes into cryptocurrencies like bitcoin

6Jan

By MagazineNo Comments

Bitcoin, Money, Paper Checks

How cybercrooks convert paper checks stolen from mailboxes into cryptocurrencies like bitcoin

Mailboxes are increasingly becoming the scene of a crime. GregAIT/E+ via Getty Images David Maimon, Georgia State University While cybercrime gets a lot of attention from law enforcement and the media these days, I’ve been documenting a less high-tech threat emerging in recent months: a surge in stolen checks. Criminals are increasingly targeting U.S. Postal Service and personal mailboxes to pilfer filled-out checks and sell them over the internet using social media platforms. The buyers then alter the payee and amount listed on the checks to rob victims’ bank accounts of thousands of dollars. While the banks themselves typically bear the financial burden and reimburse targeted accounts, criminals can use the checks to steal victims’ identities, which can have severe consequences. ...

Apple becomes the world’s first company valued at $3 billion

5Jan

By Magazine1 Comment

Apple, Money, Steve Jobs, Tim Cook

Apple becomes the world’s first company valued at $3 billion

This January 3, Apple, the company founded by Steve Jobs, officially and for a brief period of time became the first company to be valued at $3 billion in the world. To put that in context, if Apple were a country, it would be the fifth largest economy in the world, behind Germany, but ahead of the UK. Apple's stock price must cross $182.86 to sustain that valuation. In August 2018, the iPhone maker became the first company to cross the $ 1 billion mark. Afterward it hit the $2 billion mark on August 20, 2020 . As of this writing, Apple's stock is trading at $ 182.01. This means that the company posted impressive profits of over 40% over the past year. To boost sales, Apple CEO Tim Cook looked to expand to new products like AirPods and the Apple TV + streaming service. Since...

How you can start investing in the stock market, even without experience

10Feb

By MagazineNo Comments

Cryptocurrency, Investing, Money

How you can start investing in the stock market, even without experience

Many people want to learn to invest but are not encouraged by fear of losing their money . Lately we have heard that there are who get big sudden gains and in the same way lose them . Investing in stock market is a path that takes time, but it is profitable and it is worth it because if you do it well it will help you achieve your important goals in the short, medium and long term. Below is a list of recommendations from financial experts to start investing yet without previous experience . Study and find out Starting to invest requires knowledge , to start you can get involved knowing the investment terms to make better decisions. Consult forums, blogs that help you learn from scratch and be aware of market trends . Go to an advisor to help you in your...