January Biweekly Newsletter
- Maya Janssens
- Jan 30
- 2 min read
Article Highlight: Currency Imbalances in the Global Economy by Ayra Shekhar
In a world of global trade, currency values are a crucial consideration for goods and services. A currency imbalance occurs when a country experiences a lasting gap between its imports and exports, resulting from its currency being either stronger or weaker than its equilibrium value, making its goods relatively cheaper or more expensive on the global market. Currently, imbalances create real strain on countries by increasing debt, slowing economic growth, and lowering living standards, especially in countries that import more than they export.
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Entrepreneur Highlight: The Importance of Tax Education by Jitika Solanki
Many students finish school without ever learning about taxes or how they work. Taxes are something almost every adult will have to deal with at some point, making them a crucial aspect of life for everyone to learn about. For many, having money deducted from their first job payment will be the first time they learn a
bout taxes, and that needs to change. So, schools should begin teaching basic tax skills, including how they work and how to deal with them. This way, students are no longer stressed about life beyond school and adulthood.
Check out our other articles, or write one yourself HERE
Term: Diversification
Diversification means spreading money, resources or activities across different areas to reduce risk. For example, instead of only investing in one company, an investor buys shares in several different companies so losses in one are offset by gains in another.
Happy saving,
The Project Launch Team
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