Personal economics
If it involves both you and money, it's your personal economics. (You knew that, right?)
Usually we think of economics as something big and complicated, something "out there" that is too much to think about. That's because economics is mostly a study about "The BIG Economy-" production, distribution, and use of resources, distribution and consumption of goods and services. It's all about numbers, theories, graphs, definitions, and formulas. No wonder it's so complicated. Who has time for that? Yet we hear about "The Economy... The Economy..." Aren't we and what we do, The Economy? We sure as heck are The Economy.
What if each of us had our own, little personal economies? Our own production, distribution and use of goods and services?
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We do. Each of us has our own personal economies. Your personal economy or economics matters most to you. |
Both your personal economics and The (national) Economy are based on the same thing–
putting resources together, increasing value and making money.
Your personal economics depends on how well you put resources together, and how well you get paid. That is your objective in this game. You are putting card sets together to create value, selling them and getting paid. You are doing the same thing in life.
The BIG Economy is the sum total of our individual personal economies. So if our personal economies are good, The Economy is good too. Simple, but true. Our personal, local, national and world Economies are up to all of us. This is the true power of your personal economics.