Did you enjoy spending time with family and loved ones over the festive period or do you always dread the holidays ? “Christmas, like life, is full of rituals that seem to make our lives richer and more enjoyable,” writes Tim Harford, the Undercover Economist. People who have family rituals – sacred or secular – tend to enjoy their holidays.
Gift cards equality
Retail gift cards have somewhat solved the problem of receiving unwanted gifts. But they are not all equal, as this American Economic Association article notes. Some are more valuable than others. When a store stocks a huge variety of goods, the card can be as good as cash but niche clothing and jewelry stores gift cards are less popular.
Money savvy woman
Women need to plan their financial futures differently from men as their lives are very dissimilar, this Global News article claims. They tend to live longer, which means they need more retirement savings. Women also tend to move in and out of the workforce, especially if they have more caregiving responsibilities, which affects how much they earn and save.