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Always Wealthy

The editorial team of AlwaysWealthy aims to produce, publish and edit high-quality content for AlwaysWealthy. The main focus is on dictionary entries and educational content.
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Petrodollar System

The petrodollar system is an unofficial monetary system that started in 1974. As parst of the petrodollar system, most global oil exports are priced in US dollars. In return, the United States offers protection and cooperation to Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries (OPEC).

Executive Order 6102

Executive Order 6102 is an executive order that former president Franklin D. Roosevelt signed in 1933. It outlawed private gold ownership and ended the gold standard in the United States.[1] The American Presidency Project. “Executive Order 6102—Requiring Gold Coin, Gold Bullion and Gold Certificates to Be Delivered to the Government” Accessed Feb. 24,

Investing In Stocks for Beginners: Complete Guide

If you’re new to investing in stocks, this guide will teach you the basics, show you what stock broker to pick and break down the best stocks to invest in as a beginner. Investing isn’t rocket science.

Nixon Shock

The Nixon Shock is a series of policy changes implemented by former president Nixon in 1971. It consisted of closing the gold window, a 10% surcharge on imports and a 90-day wage price freeze.[1] The American Presidency Project: “Address to the Nation Outlining a New Economic Policy: “The Challenge of Peace.”” Accessed March 18, 2022.

Dollar Cost Averaging Vs Lump Sum Investing: What Is Better?

Different investing strategies lead to different results. The two most common investing strategies are dollar cost averaging and lump sum investing. While both of them work, there are several reasons why you might want to choose one over the other. In this article, we compare both strategies.

Where to Invest Money to Get Good Returns

Investing is an important skill set to build wealth and protect your money from inflation. But it can be an overwhelming and confusing task for beginners. If you’re wondering where to invest money to get good returns, this article will explain how to start investing and what investments to consider.

Consumer Price Inflation

Consumer Price Inflation is when the prices of goods and services increase throughout the economy. When the money supply grows faster than the production of goods and services, there is more money chasing the same number of goods and services. Due to supply and demand, this bids up the prices of goods and services.

The Importance of Saving Money

We’ve all learned about the importance of saving money, whether it’s from our grandparents, teachers or financial advisors. Despite this, most people live paycheck to paycheck.

Is Your Money Safe In Banks?

The vast majority of people who live in first world countries keep their money in banks. But few people actually know how banks work. In this article, we take a closer look at the banking system.

Gold Standard

The gold standard is a monetary system that pegs a country’s currency to physical gold at a fixed exchange rate. It was the predominant monetary system between 1870 and 1933. Under a gold standard, governments can’t inflate the money supply arbitrarily.