Top 5 Best Creative Problem-Solving Techniques for Students.

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This post first appeared on Ayi Post. If you are a student, creative problem-solving techniques should be of high interest to you. Because in school, you're constantly solving problems, ranging from tackling tricky examination questions to managing group projects and finding time for everything including your personal well-being.  You might have realized that all school related problems are solved by memorizing formulas or following a rubric. Sometimes, you need to think differently. And that’s where creative problem-solving techniques come in. What are creative problem solving techniques? These are methods to help you generate fresh ideas, approach challenges from new angles, and find solutions when the “usual” ones- the ones you’re familiar with - don’t work. In this post, we’ll explore the top five best creative problem-solving techniques for you as a student, share real examples and tips you can start using today. Let’s  dive in.  Why do students need creative problem...
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How do interest rate fluctuations affect your money?

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Why should you be bothered about nterest rates?


"Interest rates are to asset prices what gravity is to the apple. When there are low interest rates, there is a very low gravitational pull on asset prices." - Warren Buffett.


Prices of assets, cost of borrowing and rewards for savings are tied to the rise, fall and stability of interest rates.


Interest rate for borrowing (cost of borrowing) is the percentage of the loan amount. The higher this percentage is, the more the interest to be paid back in addition to the principal..


At lower interest rates, borrowing to buy big assets is more attractive than borrowing to aave. 


At lower savings rate, a percentage of savings paid into a savings account is less than at higher savings rate. So, it makes more sense to borrow to spend and buy assets rather than borrow to save and be rewarded with low interests.


At lower interest rates, spenders pay less interest and have more money to increase their spendings on consumer goods. This leads to increase in the production of goods and to the creation of more job opportunities.


Higher interest rates are going to force you, the consumer, to reduce your spending as you're going to have less money to spend. Why would you have less money to spend?


It's obvious that a higher interest rates, banks would give more stringent conditions to prospective borrowers. The result of tough requirements would produce few with the capacity to meet them. Therefore, fewer loans are going to be given

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