Abdullah Al-Bahrani Abdullah Al-Bahrani

Credit Card Debt on The Rise

Credit card debt increased by 18% in the third quarter of 2022. A new report by the Federal Reserve Bank of New York, finds that household consumption has caused credit card debt to increase at a faster rate than experienced in the past 18 years.

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Abdullah Al-Bahrani Abdullah Al-Bahrani

The Econ Games 2023 NKU Teams

The Econ Games 2023 NKU teams are in place. Meet the team members and the team leads. I am excited to work with this group of students.

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Abdullah Al-Bahrani Abdullah Al-Bahrani

A discussion with Aaron Smith

A conversation with Northern Kentucky and Cincinnati area realtor Aaron Smith. We discuss the changing housing market, the need to work with a realtor, and some consumer behavior around homeownership

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Abdullah Al-Bahrani Abdullah Al-Bahrani

Yellin’ at Yellen

New working paper shows evidence of gender bias in politics. Women are treated less favorably.

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Abdullah Al-Bahrani Abdullah Al-Bahrani

What are your core values?

Tips on how to define your core values. Core values help you stay anchored during difficult times.

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Year in Review: YouTube Edition

Last week, I shared with you my 3x3 framework for planning my 2022 goals. A comment left on that post by my friend John got my wheels turning. He shared this article as a comment to the post. In short, the article suggests that before you go on planning for 2022, end this year intentionally. To help get you thinking, the article provides you with 10 questions to ask yourself. As a fan of reflection, I found the article insightful.

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Teaching Financial Literacy

Most educators recognize the importance of teaching financial literacy. However, with so much information out there and lack of resources devoted to professional development,, it is hard to figure out what to teach and how to teach it. We created the NKU summer teaching financial literacy program to help educators teach financial literacy at their school. Join us this summer and connect with a network of passionate educators.

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Creating Your First Budget

In this financial literacy series, I have kinda done this backwards. Start with thinking long term, but your long term goals start with meeting short term goals. The short term goal that we all can start today is developing a budget. To me a budget is a plan. It allows me to allocate every dollar I make to where it needs to go. It gives my money a purpose and therefore it makes the cost of spending it in a different way clear to me. In economics we call that the opportunity cost of spending.

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FAFSA

College education is getting expensive but based on my experience serving on scholarship committees, there are scholarships that students can receive but do not qualify for because they never filled out the Fafsa. At many universities and colleges, receiving any aid usually requires that you complete the FAFSA first. So even if you think you do not qualify for federal or state aid, make sure to apply so that you can qualify for scholarships at your school.

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