Discover and read the best of Twitter Threads about #spend

Most recents (4)

How can you best utilise a #promotion or #salary hike? We have come up with a quick #guide on how to make that raise work for you instead of watching it disappear! (1/11)
Before you make any decisions, first check with your HR to understand the complete breakdown of your new salary, including #tax implications. This will help you assess the actual increase in your #takehome pay. (2/11)
Remember about #inflation. The price of everyday items will also increase too. Revisit your household #budget to understand the impact of rising #expenses on your #savings, real #income and #spending power. (3/11)
Read 11 tweets
Why #Kwarteng should have sacked the #Governor of the Bank of England.

/thread
Kwasi #Kwarteng would not have realised, when he first announced his intention to be a tax-cutting, pro-growth, fiscally-responsible #Chancellor that he had immediately set in motion the daggers that would be thrust in his back 38 days later.
/1
The Bank of England, guardian of the nation’s wealth and cornerstone of its economic management originally started life as a private company, funded by subscription under Royal Charter in 1694, as a means to finance the public purse, depleted by various wars.
/2
Read 39 tweets
When I say McDonald's, what comes to your mind ?

Burgers, right ?

But if I tell you that McDonald's is not a burger company.....will you be surprised ?

Then you should be, because IT ISN'T A BURGER COMPANY !!

(1/n)
#burger #mcdonalds
Yes, McDonald's isn't a Burger company bcoz most of the revenue that McDonald's makes doesn't come from selling burgers !

Then what does it come from ?

Let's take a look at it's financial statements !

(2/n)
#revenue #financials Image
If you take a look at the revenue breakdown, out of $21B in total revenue, about $9.4B comes from "company operated restaurants" i.e. from selling burgers !

The remaining revenue of about $11.6B comes from Franchise Royalty and Rent !!

(3/n)
#rent #royalty
Read 9 tweets
The #deficit #myth #deficitmyth by @StephanieKelton #MMT modern monetary theory
Myth N. 1: The #state should budget like a #household
#RealityCheck : unlike a household, a #SovereignNation, which owns its national #centralbank, issues the #currency it spends
Myth N. 2: #deficit is evidence of #overspending
#RealityCheck: look to #inflation for evidence of over spending
The purpose of #taxes is not to pay for #government expenditures but to help rebalancing the #wealth distribution #MMT
Read 56 tweets

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