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Showing posts with the label uncertain economic times

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...

Retirement savings v Emergency fund in uncertain economic times.

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  This article first appeared here . Which  should be the priority in uncertain economic times? Retirement savings  or emergency fund? When you’re nearing your retirement and you’re  working and living on a tight budget in  uncertain economic times, when future economic environment is unpredictable, it’s always going to be difficult to know which to prioritize between retirement savings and  emergency fund . The reality of life is, both are necessary. It is necessary to set aside a stash of money to take care of income and  spending upsets. No one prays for a job loss but it can’t be ruled out in uncertain economic times. And in life, no one prays for unwanted expenses like a medical emergency, but it still happens. So, an emergency fund is necessary.  The regular contribution to  retirement savings is also necessary.  Why is it necessary?  70 years is the age of retirement from active service.  You’re expected to bow out of ac...