Reasons Why Labor Creates Wealth

why labor creates wealth
Many have studied the reasons why labor creates wealth. There are many economic theories–some in vogue, some not–that address this issue. Karl Marx And The Value Of Labor Karl Marx and other economic theorists including Adam Smith and David Ricardo believed in something known as the labor theory of value, which Investopedia describes as the notion that “the value of a commodity was determined...
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Mortgage Relief, COVID, Wildfires, And More

Your Mortgage, COVID, Wildfires, And More
Homeowners are being hit hard on all fronts, it seems. Those seeking mortgage relief from COVID-19 economic hardship are joined by those who have had homes threatened, damaged, or destroyed by forest fires in the west, hurricanes in the east, and there seems to be a never-ending supply of problems coming hand-in-glove with coronavirus issues. What is a homeowner to do about their financial situation...
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Can Paying Your Bills on Time Increase Credit?

paying bills on time
Can paying your bills on time increase credit? The short answer is yes, definitely. But there’s a catch. Before we get to that, it pays to understand why paying your bills on time works to improve your FICO scores and earn you access to more credit. Learn To Think Like A Lender Many people are mystified by their credit–they don’t understand what makes their FICO scores rise or fall, and...
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How Long Can You Go Over Your Oil Change?

Do you need an oil change and you’re worried about having to delay it? Many things can go wrong with your automobile–brakes wear out, transmissions need replacing, and sooner or later you’ll face having to deal with replacing your muffler, fuel filter, getting your air conditioning recharged, etc. Some things are normal wear and tear on the vehicle, and other things may be the result...
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How to Know if a Company Is Worth Investing In

How to know if a company is worth investing in
How to know if a company is worth investing in? It’s not enough to know a company’s worth–smart investing involves researching a company, knowing important details like the stock’s 52-week average, and how the company operates. Is A Company Worth Investing In? It’s sad to hear otherwise intelligent people talk about wanting to invest in a company like Starbucks because “everybody...
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