Everyday Economics For People, Introduction and Table of Contents.

“You need money to make money.” To a large extent, this is true, and many books have been written about how to make even more money when you have money already. Sadly, not everyone has money. However, what each…

Everyday Economics for People, Chapter 1: Credit and Interest

Everyday Economics For People, Chapter 2: Rent and Ownership

Mental Heuristic #2: Never rent something you are going to use every day
Mental Heuristic #3: Never own something you only want for a short period

Everyday Economics For People, Chapter 3: Budgeting And Reducing Expenses

Mental Heuristic #4: Never pay more if you could pay less.

Mental Heuristic #5: Never pay for more than you need.

Everyday Economics For People, Chapter 5: Optimizing Time Management

Okay, but wait a minute. There’s actually another dimension here, and that is the trade-off between investing time in researching bargains vs. spending that time working vs. spending that time developing…

Everyday Economics For People, Chapter 6: Crash Course In Micro Economics

Everyday Economics For People, Chapter 10: You, The Savvy Producer

Now that we have talked about you as a consumer, it’s time to talk about you as a producer. Have you ever had a job or been the primary homemaker for somebody who has or will have a job? Then you are a producer…

Everyday Economics For People, Chapter 7: Macro Economics

Everyday Economics For People, Chapter 8: Why Businesses Sometimes Sell At A Loss

In order to take maximum advantage of the businesses from whom you purchase goods and services and to whom you rent your skills and labor, you will need to understand their decision-making…

Everyday Economics For People, Chapter 9: You, The Savvy Consumer

Now that we have a theoretical foundation for understanding the cyclical dynamics of the macro economy and how they affect individual businesses, we can start talking about how to make smart decisions within the…

Everyday Economics For People, Chapter 4: Bargain Shopping

Mental Heuristic #8: Never trust the seller’s price descriptions; define a good deal through your own price comparisons.

Moving along: let’s talk about finding bargains for those items on your buy list…

Everyday Economics For People, Section I Conclusion

The most important aspect of becoming wealthy is mastering yourself. Some of us were lucky to have been programmed well by our parents and society to predisposition us for wealth accumulation habits. Others of us were not given — or…