What Does Walmart’s Earnings Miss Mean for the Economy?

Recently Walmart reported its quarterly earnings. The reported earnings missed what was expected. The company also reduced its guidance looking forward.             What does this mean for the economy in general. Whether you like or dislike Walmart, it is the largest retailer in the United States. If it is showing signs of slowing, it could mean the economy is slowing ... Read More »

Planning to Buy at the Best Time

 Supply and demand affects the prices of goods and services. Therefore, knowing about the fluctuations in supply and demand for goods and services that you buy can help you save money. Some goods and services seem to randomly fluctuate. However, many are cyclical.             First, we will take a look at seasonal items. In the springtime, the warmer weather can ... Read More »

The Rule of 72

Today we are going to take a look at a couple of my favorite subjects, algebra and calculus. Don’t worry, I am just joking, although I do love algebra and calculus. I want to show you a very simple calculation called the rule of 72. Those who find math to be difficult, please bear with me as I will allow ... Read More »

What Does the Drop in the Price of Oil Mean for the Economy

For anyone who drives a car, it is probably relieving to see the recent drop in oil prices, leading to much lower gasoline prices at the pump. Oil had been frequently trading in the $90 to $100 per barrel. However, recently oil has been trading around $50 to $55 per barrel.             Is this significant drop in the price of ... Read More »

What Do We Pay for Convenience?

Not everyone pays the same price for the same good or service. The difference in price between what one person pays for a particular good or service from another person is often a premium for convenience. We are going to take a look at a couple of examples.             Usually the exact same items sold in a vending machine can ... Read More »

The Personal Finances of the Good Samaritan

Today I would like to take a look at a reason why it is important to be financially prepared. Specifically, take a look at the parable of the good Samaritan in the Bible. Here is the parable of the good Samaritan in its entirety. Luke 10:25-37 And, behold, a certain lawyer stood up, and tempted him, saying, Master, what shall ... Read More »