In today’s Budget, chancellor Philip Hammond attempted to make optimistic offers to the younger generation against a background of gloomy statistics, as the UK economy’s GDP growth, productivity and business investment forecasts were all downgraded. Over the last decade the intergenerational gap has widened drastically, as younger generations juggle paying off student debt, while facing unaffordable housing, high inflation and lower incomes. That’s why many … Continue reading Money Observer: Autumn Budget 2017 – Is the Budget good for young people?
Literary critics are not usually known for their views on money. But the German critic Marcel Reich-Ranicki supposedly said that ‘money doesn’t buy you happiness, but if you’re sad, it’s better to cry in a cab than on a tram.’ This seems logical, and yet it may depend on whether or not you’re an introvert. The relationship between money and happiness has spawned many theories. … Continue reading Money Observer: Why money buys happiness sometimes