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The other day for first time I heard the term “Islamic Finance” and I got curious about it. I dug a bit about the topic, also thanks to the book “Understanding Islamic Finance” by Muhammad Ayub (which I used for some of the content in this post). and now I
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Gross Domestic Product, or GDP, is a term we often hear thrown around in economic news. But what exactly does it mean? Simply put, GDP is the total value of all final goods and services produced within a country's borders over a specific period, usually a year. It&
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Navigating the complex world of personal finance can seem daunting, but it's a journey well worth embarking on. Achieving financial freedom isn't just about accumulating wealth; it's about gaining the knowledge and skills to make informed decisions, ensuring a secure and prosperous future. No
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Compound Interest Calculator Principal Amount ($): Annual Interest Rate (%): Compounding Frequency: Annually Quarterly Monthly Years: Incremental Deposit ($/month): Calculate
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Hello, savvy savers! Whether you're a recent college graduate, a seasoned professional, or gearing up for retirement, it's never too late or too early to smarten up your saving strategies. Before we dive into the techniques I thought it might be interesting to cover a couple
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Last month I talked about key news and events of 2023, and I thought it would be interesting to see what major financial institutions expect for 2024. So I spent hours going through almost FIVE HUNDRED pages of reports from big financial players and I distilled for you the key
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Hello! Just before you start popping your champagne for your New Year celebrations, I thought it would be interesting to share how the major assets have performed in 2023. No deep dive analysis this time but, if you want to dig into major events that contributed to the performance of
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2023 has been a rollercoaster ride for the global economy. From soaring inflation to historic tech layoffs, we've witnessed events that shook markets and redefined our financial landscape. As the year started, forecasts suggested a slight recession in the U.S., a more severe one in Europe, and
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In 2010, a programmer named Laszlo Hanyecz made what would become one of the most iconic transactions in cryptocurrency history: he paid 10,000 bitcoins for two pizzas. At that time, the value of those bitcoins was nominal, but fast forward to today, and those pizzas would be worth hundreds
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The author of the book is an Italian economist with plenty of experience in innovative monetary and fiscal policy practices. She worked at the IMF, universities and even the Department of the Treasury (in Italy). The book takes the reader through a journey, that often feels academic, to cover all
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Wings of Wealth is a series of interviews with the Wealthy Parrot readers, focusing on their experiences and insights regarding financial freedom. If you want to tell your story, feel free to write me to info@wealthyparrot.com. Hi Peter and welcome to Wealthy Parrot! Can you start by briefly
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Over the summer, one of the main battles unfolded at box offices worldwide: Barbie vs. Oppenheimer. The movies delve into vastly different topics, with Barbie, unsurprisingly, exploring the world of the iconic doll, and Oppenheimer focusing on the story behind the atomic bomb. However, both films received rave reviews, grossed