I hear people all the time saying that they can't save money... they I see them at the bar drinking their $3.50 coffee... So, how can you save money? What is the essential thing that you have to do to save money effectively? Well, in this video I'm going to tell you the secret that everyone knows, but nobody takes seriously. To save money you NEED to cut all those small expenses that you THINK will not have a big impact at the end of the month, but in reality they do... and they do because people don't realize that they spend money, if they spend a few dollars here and there. To cut all these expenses we first need to know that we have these expenses and we need to know where we spend the money, this means that we need to keep track of our spendings. To do so, I can recommend you use an app, or simply an Excel spreadsheet, but you need something to do it MANUALLY, that way you will always have your balance under control. Another thing is that you need to feel bad when you spend too much... yeah I know it sounds stupid, but let me tell that if you truly want to save money, that has to be your goal, and therefore you need to feel bad when you spend unnecessarily. But hey, if we are just meeting: it's Dario, and this is Divity Trading, a platform where we can share our best tips and tools when it comes to trading, investing or finance in general. Monefy app: http://www.monefy.me/ ? Coffee with the Markets Playlist: https://www.youtube.com/playlist?list=PLOh1JMHgcFPjjzJEDjRXPK-x7ok-8Sqla What you will find in the video: - 02:54 The problem with Millennials. - 04:47 A psychological solution, to a psychological problem! - 06:18 Feel bad if you spend too much. ✅ Join the Divity family now: https://www.youtube.com/channel/UCHAhpj2dBnKnE7j5_RikKBg?sub_confirmation=1 ✅ Follow me on Instagram: https://www.instagram.com/dario_culap/ Important notice: I don't give trading signals. Everything in this video is a personal opinion and shouldn't be taken as advice. This content is not presented, offered or intended as professional or expert advice, and is not to be used as a basis for financial, legal, or other decisions. #investing #trading #financialeducation ... https://www.youtube.com/watch?v=Pnnkg--0mJg

As can be understood from the name, stagnation is a still period in the economy. In a period of stagnation, the economy does not grow or even decline even if only slightly. When we have economic growth that is below 3%, we can already start talking about stagnation! In these periods, the main characteristics are a high unemployment rate, in relation to the normal rates that occur when the economy grows, a high part-time employment rate, and much less money in circulation. We have repeatedly said that our economic system is based on the exchange of money which is in turn favored by credit. When we find ourselves in a period of stagnation, people work less, therefore they earn less, and consequently, they spend less. All this, however, at levels not too critical to send the economy into recession, or to continue it. I am talking about the continuation of a recession since economic stagnation can precisely coincide with the end of a recession. Normally recessions, especially if prolonged and violent, increase unemployment rates by a large number, once the recession is over, people will start spending again. This, however, is not something immediate, it takes time and people need calm and tranquility, therefore unemployment levels remain relatively high in this period, people are not yet worthy of receiving credits, therefore the economy still it does not start strongly, and therefore we have a period of stagnation. If we look at the stock markets, which are a bit of a reflection of the economy, we can identify the periods of stagnation, with the prices of the most important indices that remain more or less on the same level, they do not grow! Just like the economy! An example is the period between the 60s and 80s in the United States, where the S & P500 was crossed by short periods of rising followed by short periods of fall, with prices that in fact did not go anywhere, and so also the economy. But what does all this have to do with coronavirus? Well, because of the coronavirus we have all been forced to stay at home, this has reduced consumption in many sectors, decreasing consumption has reduced human resources, reducing wages and consequently the purchasing power of people. Companies have obviously also been hit hard, as they have become less reliable, since they produce and earn less, let alone worthy of credit, the economy slows down and a period of recession starts, the one we are going to against now. Once the coronavirus problem is eradicated or marginalized, people will start working again, but many will have lost their jobs, and companies still will not be able to hire too many employees as they still suffer from the recession. Consumption will still be low and unemployment levels still high, making the economic cycle very very slow. Thi ... https://www.youtube.com/watch?v=qjHAtqsXqHI