Standard Free Whether you're looking to save money spending abroad or sticking to your budget with our built-in budgeting, get more from your money with our Standard account; Plus £2.99/month Give your everyday finances a boost. Get more out of your money for less than the cost of a coffee; Premium £6.99/month Upgrade to a global lifestyle. . this much money. all this money. so much money. all the money. so much cash. how much money. all that cash. enough money. most money. kind of money. lot of money (Setting up a business used to be a much more complicated process than it is now.) Emphasizing a small difference: My flat isn't quite as big as Jenny's. (Jenny's flat is a little / a bit / slightly bigger than mine.) The journey didn't take quite as long as it did last time. (The journey took a little / a bit / slightly longer last time.) Quantities that are not equal. When comparing amounts or quantities that are not the same we simply add not after the auxiliary verb. If Michael has €20 and Stanley has €10, we can say: Stanley does not have as much money as Michael. If there are 100 people at Jim’s party and only 50 people at Dwight’s party, we can say: There are not As things stand, pupils are having to pay as much as £1,000 per year in order to travel to and from the school on public services, although concessionary fares are available to some students. Vay Tiền Trả Góp Theo Tháng Chỉ Cần Cmnd Hỗ Trợ Nợ Xấu. Opinions expressed by Entrepreneur contributors are their own. This article originally appeared on Business Insider. Since OpenAI's ChatGPT rolled out last November, workers — including developers and realtors — have been using the AI tool to help with their jobs. Now one user is trying to turn prompts into riches. Jackson Greathouse Fall, a brand designer and writer, took to Twitter last week to share a prompt that he gave the chatbot."You have $100, and your goal is to turn that into as much money as possible in the shortest time possible, without doing anything illegal," Greathouse Fall wrote, adding that he would be the "human counterpart" and "do everything" that the chatbot instructed him to a number of subsequent queries, the bot instructed Greathouse Fall to launch a business called Green Gadget Guru, which it said offers products and tips to help people live a more sustainable lifestyle. I gave GPT-4 a budget of $100 and told it to make as much money as acting as its human liaison, buying anything it says you think it'll be able to make smart investments and build an online business?Follow along ? Jackson Greathouse Fall jacksonfall March 15, 2023Thanks to ChatGPT — along with other AI tools like image-generator DALL-E — Greathouse Fall said that he managed to raise $1, in funds for his company in just one day, though Insider could not verify that amount. The company is now valued at $25,000, according to a tweet by Greathouse Fall. As of Monday, he said that his business had generated $130 in revenue, though Insider was not able to verify that amount or how it was also used AI to build a professional-looking website for his business. The site includes mock products like green gadgets and sustainable said that he is open to manufacturing products or selling existing products for commissions, if the chatbot tells him to. "We're actively exploring partnerships to sell some of those things," he told Insider in an far, he's happy with the results."TLDR I'm about to be rich," he is how Greathouse Fall used AI to launch his business in one day ChatGPT provided a four-step plan to get Green Gadget Guru off the ground and asked Greathouse Fall to keep it updated on how things were going; he was able to execute all four steps in one day. Step one "Buy a domain and hosting"First, ChatGPT suggested that he should buy a website domain name for roughly $10, as well as a site-hosting plan for around $5 per month — amounting to a total cost of $ two "Set up a niche affiliate website"ChatGPT suggested that he should use the remaining $85 in his budget for website and content design. It said that he should focus on a "profitable niche with low competition," listing options like specialty kitchen gadgets and unique pet supplies. He went with eco-friendly chatbot wanted him to create an affiliate website — a site that promotes products in exchange for sales commissions — so it told him to research affiliate programs with high commission there, ChatGPT suggested the domain name But when Greathouse Fall learned the domain name cost $848 to acquire, it suggested one that was more affordable He bought it for $ he said, then spent $29 on site hosting — which gave him a remaining budget of $ Step three "Leverage social media"Once the website was made, ChatGPT suggested that he should share articles and product reviews on social media platforms like Facebook and Instagram, and on online community platforms such as Reddit to engage potential customers and drive website also asked the chatbot for help creating a website logo by asking it for prompts he could feed into the AI image-generator DALL-E 2. He took the generated logo and made it his own using that was finished, he had ChatGPT write the site's first article — "Ten Eco Friendly Kitchen Gadgets" — which he said cited real sustainable products like Yihong's reusable metal he followed the chatbot's recommendation to spend $40 of the remaining budget on Facebook and Instagram advertisements to target users interested in sustainability and eco-friendly four "Optimize for search engines" Step four was to "optimize for search engines" by using SEO techniques to drive site traffic. On top of making SEO-friendly blog posts, he decided to launch the site to bring in publicity — even though he still had a lot of work to do on result?By the end of the first day, he said he secured $500 in investments. While Greathouse Fall didn't disclose his investors, he tweeted that his "DMs are flooded" and that he is "not taking any more investors unless the terms are highly favorable."Five days later, on Monday, he tweeted that he's planning to update his followers on his "HustleGPT journey" every day for 30 days."I think we're going to see a huge boom in AI-assisted or even AI-led !!! businesses over the next few months," he told Insider. Thanks to the FIRE movement, I was able to plan for retirement in my Yuson Photography Even if you don’t agree with the frugality of the FIRE financial independence, retire early movement, it’s a great launchpad to help you figure out the math behind investing enough to quit your day job. The FIRE Movement Is Not About Being Frugal. It’s About Being Free I came across the FIRE Movement when I started learning about paying off my $72,000 in student loans. I paid off those student loans less than a year after beginning the journey — more quickly than I expected. I then started imagining if I could actually quit the corporate job that I had dreamed of leaving for years. As I read more about the portrayals of the extreme frugality of FIRE proponents, I quickly realized the part that appealed to me more was not retiring early. It was the financial independence part of the acronym and later I decided to change the definition of the “RE” to represent “Relax Everyday” instead. By making that simple word change, my goal was not to stop working, but to have the freedom to choose the work I wanted to do, regardless of salary. 25 Times Your Yearly Expenses Feels Impossible At First The FIRE movement is based on two retirement strategies used by traditional financial planners The 25x Rule and the 4% Rule are meant to help you set up retirement savings that theoretically won’t run out for the duration of your life. According to FIRE, in order to quit your day job, you need to have 25 times your annual expenses in investments, where you only withdraw 4% of the total each year. While you take out your living expenses, the investments are also replenishing that money through compound interest or growing in value or dividends. This is where I started getting stuck instead of making serious money moves I tried to dissect the 4% rule and its flaws and I immediately decided that 25 times my yearly expenses was impossible. I especially felt defeated when I heard the three broad approaches to FIRE — Fat FIRE, Lean FIRE and Barista FIRE — because of course, why would I settle for anything less than Fat FIRE? Lean FIRE focuses on the bare minimum lifestyle to live conservatively, where Fat FIRE requires investing more money to live an indulgent lifestyle. Start Simple And Use Math To Root Out The Self-Doubt Instead of thinking of Fat FIRE, Lean FIRE and Barista FIRE as separate approaches, I viewed them as levels of achievement and settled on reaching Barista FIRE first. If I could maintain a more essentialist lifestyle by living off investments and part-time work, I could quit my day job and as the name suggests, work as a barista or earn some other freelance income. I surmised that the amount of money I would need in investments would cover just five basic survival expenses housing, utilities, food, transportation and health. This gave me a motivational boost because it brought my 25x number down from $ million to around $900,000. If I could get to this number in investments, I then could make up the difference in more discretionary expenses with work that was fun rather than obligatory. Worry About Withdrawal Strategy After You’ve Accumulated Money A lot of my financial education students get overwhelmed when trying to optimize their investment strategy versus investing enough money to even determine how to withdraw it later. The harder part of the strategy is not what to invest in, but how to get enough money to invest in the first place. So, once you figure out your Barista FIRE number for your basic lifestyle, focus your energy more on increasing your income and keep your investing strategy simple. It took me seven years to go from $300,000 in debt to now $ million in net worth thanks to salary increases, saving, contributing to retirement accounts and starting my own business. Only now I am starting to optimize my withdrawal strategy and tax efficiency as both my husband and I entertain leaving the FROM FORBESStop Overspending With This One Simple Rule From A Debt-Free MillionaireBy Bernadette JoyEven If You Love Your Job, It’s Good To Know It Can Be Optional While I now work part time in my business after leaving my day job, my husband still chooses to work at a traditional 9-to-5 position. But the level of stress he has around work is very minimal because he knows he can walk away and still feel financially secure if it ever becomes too much. Ironically, that’s led him to being an even better performer and a more enjoyable co-worker as told by his peers, while still maintaining a healthy work-life balance. Before you dismiss the idea of FIRE and investing 25x your expenses, consider even investing 10% of your total number. It may not allow you to permanently quit your day job, but it could buy you more time to explore life outside of FROM FORBESUse This One Simple Idea To Invest An Extra $10,000 A YearBy Bernadette Joy What Is Modern Monetary Theory? Modern monetary theory MMT is a heterodox macroeconomic supposition that asserts that monetarily sovereign countries such as the Japan, and Canada which spend, tax, and borrow in a fiat currency that they fully control, are not operationally constrained by revenues when it comes to federal government spending. Put simply, modern monetary theory decrees that such governments do not rely on taxes or borrowing for spending since they can print as much money as they need and are the monopoly issuers of the currency. Since their budgets aren’t like a regular household’s, their policies should not be shaped by fears of a rising national debt. Several other differences also exist between mainstream monetary theory and modern monetary theory, the most important being the sequence of events that emerges from loans and deposits, and from government spending and taxes. Key Takeaways Modern monetary theory MMT challenges conventional beliefs about how the government interacts with the economy, the nature of money, the use of taxes, and the significance of budget beliefs, critics say, are a hangover from the gold standard era and are no longer accurate, useful, or is used in policy debates to argue for such progressive legislation as universal healthcare and other public programs for which governments claim to not have enough money to fund. Watch Now Modern Monetary Theory MMT Explained Core Principles of Modern Monetary Theory MMT The central idea of modern monetary theory is that governments with a fiat currency system under their control can and should print or create with a few keystrokes in today’s digital age as much money as they need to spend because they cannot go broke or be insolvent unless a political decision to do so is taken. Some say such spending would be fiscally irresponsible, as the debt would balloon and inflation would skyrocket. But according to MMT Large government debt isn’t the precursor to collapse that we have been led to believe it is;Countries like the can sustain much greater deficits without cause for concern; andA small deficit or surplus can be extremely harmful and cause a recession since deficit spending is what builds people’s savings. MMT theorists explain that debt is simply money that the government put into the economy and didn’t tax back. They also argue that comparing a government’s budgets to that of an average household is a mistake. While supporters of modern monetary theory acknowledge that inflation is theoretically a possible outcome from such spending, they say it is highly unlikely and can be fought with policy decisions in the future if required. They often cite the example of Japan, which has much higher public debt than the Government Money Creation According to modern monetary theory, the only limit that the government has when it comes to spending is the availability of real resources, like workers, construction supplies, etc. When government spending is too great with respect to the resources available, inflation can surge if decision-makers are not careful. Taxes create an ongoing demand for currency and are a tool to take money out of an economy that is getting overheated, says MMT. This goes against the conventional idea that taxes are primarily meant to provide the government with money to spend to build infrastructure, fund social welfare programs, etc. “[W]hat happens if you were to go to your local IRS office to pay your taxes with actual cash?” wrote MMT pioneer and American economist Warren Mosler in his book "The 7 Deadly Innocent Frauds of Economic Policy." “First, you would hand over your pile of currency to the person on duty as payment. Next, they’d count it, give you a receipt and, hopefully, a thank you for helping to pay for social security, interest on the national debt, and the Iraq war. Then, after you, the taxpayer, left the room, they’d take that hard-earned cash you just forked over and throw it in a shredder.” Modern monetary theory says that a government doesn’t need to sell bonds to borrow money, since that is the money it can create on its own. The government sells bonds to drain excess reserves and hit its overnight interest rate target. Thus the existence of bonds, which Mosler calls “savings accounts at the Fed,” is not a requirement for the government but a policy choice. Unemployment is the result of governments spending too little while collecting taxes, according to MMT. It says those looking for work and unable to find a job in the private sector should be given minimum-wage transition jobs funded by the government and managed by the local community. This labor would act as a buffer stock to help the government control inflation in the economy. Origins of MMT Modern monetary theory was developed by Mosler and bears similarities to older schools of thought like functional finance and chartalism. Mosler first began thinking about some of the concepts that form the theory in the 1970s, when he worked as a Wall Street trader. He eventually used his ideas to place some smart bets at the hedge fund he founded. In the early 1990s, when investors were afraid Italy would default, Mosler understood this wasn’t a possibility. His firm and his clients became the largest holders of Italian lira-denominated bonds outside of Italy. Italy did not default, and instead made $100 million in profits. Mosler, who has a in Economics from the University of Connecticut, was largely ignored by the academic world when he tried to communicate his theories. In 1993, he published a seminal essay called “Soft Currency Economics” and shared it on a post-Keynesian listserv, which is where he found others like Australian economist Bill Mitchell, who agreed with him. Support for MMT grew in large part thanks to the internet, where economists explained the theory on popular personal and group blogs, the idea of a trillion-dollar coin was widely discussed, and supporters shared a clip of former Federal Reserve Chairman Alan Greenspan saying pay-as-you-go benefits aren’t insecure because “there’s nothing to prevent the federal government from creating as much money as it wants and paying it to somebody.” Political leaders like Alexandria Ocasio-Cortez and Bernie Sanders have espoused MMT, and economist Stephanie Kelton, who first came across Mosler’s ideas on the listserv and is now arguably the face of the theory, served as chief economic adviser to Sanders during his 2016 presidential campaign. A Shift in Paradigm Modern Money Theory also involves a paradigm shift from two-body problem-solving to three-body the classic economics paradigm is characterized as a two-body problem where taxes equals money in and spending equals money out, MMT turns the tax and spending factors into a three-body takes into account the fact that sovereign governments can legally print their own money. Thus, spending or printing new money is legal and no longer a problem, as long as spending new money into the economy keeps the following three economic indicators healthyEmployment-unemploymentInflationContinued investment in domestic factories and production. Criticism of MMT Modern monetary theory has been called naive and irresponsible by critics. American economist Thomas Palley has said its appeal lies in it being a “policy polemic for depressed times.” He has criticized various elements of the theory, like the suggestion that central bank interest rates be maintained at zero, and said it provides no guidance to countries like Mexico and Brazil and does not take into account political complications arising from vested interests. Nobel Prize-winning economist Paul Krugman’s views on debt are similar to many MMT ideologues, but Krugman has been strongly opposed to the theory. In an op-ed in The New York Times in 2011, he warned the would see hyperinflation if it was put into practice and investors refused to buy bonds. “Do the math, and it becomes clear that any attempt to extract too much from seigniorage—more than a few percent of GDP, probably—leads to an infinite upward spiral in inflation,” he wrote, “In effect, the currency is destroyed. This would not happen, even with the same deficit, if the government can still sell bonds.” Michael R. Strain, the resident scholar at the American Enterprise Institute, has argued that MMT’s proposal that taxes can be used to reduce inflation is also flawed. “Raising taxes would only make a downturn worse, increasing unemployment and further slowing the economy,” he said in a Bloomberg column. How Does MMT Differ from Mainstream Theories of Money and Banking? Modern monetary theory is a falsifiable empirical monetary theory that sets out to explain the real world, whereas mainstream economic theory sets out from model assumptions and then moves to the real world. Critics, however, have argued that MMT is not a true theory because there is no mathematical model associated with it. MMT is essentially a balance sheet approach to macroeconomics that sees government spending accomplished through money creation, and not through raising taxes. Another major difference is that mainstream theory posits that deposits create loans, whereby MMT suggests that loans are what create deposits. What Does MMT Say About Government Debt? Modern monetary theory argues that the government can never run out of money because it can always create more of it. As a result, sovereign governments that control their own money unlike EU members, for instance can never default on their own debt since they can always create enough new money to cover the existing and future obligations. How Does MMT Deal With Inflation from Money Creation? Modern monetary theory proponents argue that high inflation rates should not occur unless there is full employment in the economy. But, if the government spends too much, the excess demand will also cause inflation. In either case, MMT suggests that inflation can be curtailed by reducing government spending and raising taxes. conjunction1. = since, because comme ⧫ puisque as he had to be home by 10 ... comme il devait être de retour avant 10h ... ⧫ puisqu’il devait être de retour avant 10h ...As it’s Sunday, you can have a lie-in. Tu peux faire la grasse matinée, comme c’est dimanche. ⧫ Tu peux faire la grasse matinée, puisque c’est dimanche. 2. referring to manner, way comme do as you wish faites comme vous voudrezas it is dans l’état actuel des chosesas it turns out vu la tournure des événementsas things stand dans l’état actuel des choses 3. in time expressions = just when au moment oùHe came in as I was leaving. Il est arrivé au moment où je the years went by à mesure que les années passaientas from tomorrow à partir de demainAs from tomorrow, the shop will stay open until 10 À partir de demain, le magasin restera ouvert jusqu’à vingt-deux heures. 4. in comparisonsas big as aussi grande quePierre’s as tall as Michel. Pierre est aussi grand que as it is si grande que ce soitmuch as I like them, I ... je les aime bien, mais je ...as much as autant queas much money autant d’argentas much ... as autant de ... queI haven’t got as much money as you. Je n’ai pas autant d’argent que many ... as autant de ... queas many books as autant de livres quetwice as big as deux fois plus grande quetwice as much asHer coat cost twice as much as mine. Son manteau a coûté deux fois plus cher que le soon as possible dès que possible I’ll do it as soon as possible. Je le ferai dès que concerningas for that, as to that quant à cela ⧫ pour ce qui est de cela6. as if, as though comme siShe acted as though she hadn’t seen me. Elle a fait comme si elle ne m’avait pas looked as if he was ill. Il avait l’air d’être malade. see also long, such, well preposition1. = in the capacity of en tant que ⧫ en qualité deAs CEO of the company, she ... En tant que présidente de la compagnie, elle ...2. with jobs comme I work as a driver. Je travaille comme works as a waiter in the holidays. Il travaille comme serveur pendant les vacances. 3. = in the costume ofdressed up as a cowboy déguisé en cowboy4. = forHe gave me it as a present. Il me l’a offert. ⧫ Il m’en a fait cadeau. Collins French-English Dictionary © by HarperCollins Publishers. All rights reserved.

as much money as