Anthoy Mendes

Anthoy Mendes is a financial education specialist with a solid academic background and years of experience. It provides practical and accessible content on personal finance management, budgeting, investing and financial planning. Her blog serves as a valuable resource for those looking to improve their financial health and achieve long-term economic goals.

The Influence of Social Media on Your Spending and How to Avoid Financial Traps

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Social media has transformed the way people interact, access information, and make purchasing decisions. Platforms like Instagram, TikTok, and Facebook constantly expose users to advertisements, influencer recommendations, and aspirational lifestyles. While this can provide inspiration and convenience, it also encourages impulsive spending, leading many individuals to make purchases they do not need or cannot afford. … Read more

How to Create an Educational Allowance for Your Children

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An allowance is more than just pocket money—it’s a powerful tool for teaching financial responsibility. When managed properly, an allowance can help children develop budgeting skills, learn the value of saving, and make smart financial choices from an early age. But simply giving kids money isn’t enough. To make an allowance truly educational, parents need … Read more

How Prospect Theory Explains Our Financial Choices

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When making financial decisions, most people assume they act logically—analyzing risks and rewards to choose the best possible outcome. However, behavioral economics shows that humans often make irrational financial choices due to emotional and psychological biases. One of the most important theories explaining these behaviors is Prospect Theory, developed by Daniel Kahneman and Amos Tversky … Read more

How to Protect Your Finances in Banking Apps

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Mobile banking apps have revolutionized how we manage our money, making transactions faster and more convenient. However, with the rise of digital banking comes an increased risk of cyber threats, fraud, and financial scams. Without proper precautions, users can fall victim to identity theft, phishing attacks, or unauthorized transactions. In this guide, you will learn … Read more

Understanding Local Taxes: How Taxation Varies by Country and How to Save Money on Deductions

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Taxes are a fundamental part of any economy, funding essential public services such as education, healthcare, infrastructure, and social programs. However, tax systems vary significantly from country to country, with different rates, structures, and available deductions. For individuals and businesses, understanding local tax regulations and taking advantage of tax deductions and credits can lead to … Read more

How Finland Teaches Financial Education to Children and Young People

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Finland is globally recognized for its innovative and high-quality educational system. Beyond fostering critical thinking and creativity, the country stands out for incorporating financial education into its school curriculum, ensuring that children and young people develop financial literacy from an early age. But how does Finland teach financial education, and what can other countries learn … Read more

How to Reduce Expenses and Positively Impact the Environment

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Saving money and protecting the environment often go hand in hand. By making smart financial decisions, you can not only cut down on unnecessary expenses but also contribute to a more sustainable planet. From reducing energy consumption to minimizing waste, there are countless ways to align your financial goals with eco-friendly habits. This guide will … Read more

The Influence of American Culture on People’s Financial Mindset

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The United States has one of the most influential economies in the world, and its financial culture has shaped the way people think about money, success, and consumption. Through globalization, media, and technology, American financial values have extended beyond the country’s borders, influencing spending habits, financial aspirations, and attitudes toward debt and wealth. This article … Read more