Thursday, March 12, 2015

Log IV

1. How do stop spending money in unnecessary purchases?

2. What's an easy way to do taxes and understand legalities?

3. How do we avoid getting mugged?

4. How do we use all the spare change we have? It just lies around, losing it worth year by year.

5. How can we clearly present all the hidden fees that banks have?

6. Why is there only one Bank of America ATM in Champaign-Urbana?

7. Why do we have to pay extra fees while using another banks ATM? Isn't there a better way to solve this problem?

8. Why is tuition so high? Can't we develop a better fiscal system to enable students to not graduate with $150K in debt? Maybe some sort of work-learn-teach program?

9. How can students learn to invest money in safe areas?

10. How do we prevent mutual funds from cheating us out of our savings?

11. How do we explain the stock market to high schoolers, so that they have a better understanding of our economic system?

12. Why do i forget my wallet everywhere? Can i design a better money-carrying solution?

13. How can we judge legitimacy of sales and discounts? We never know when they markup prices!

14. Why can't we know the source of products we buy? I don't want young kids with no money to work and build my iPhone.

15. How can consumers find the profit margin on every product they buy?

16. How do we find the best deal easily in brick-and-mortar stores?

17. When can we bring a shift in society's mindset about money being the sole indicator of success?

18. How do we have a clear view of our financial future? It's much easier to save when I know I'm going to need the moment in the future..

19. Can we develop a way for students to co-invest in ventures that will earn them high returns?

20. How can students start their legal side-business to earn a little more money?

21. How do we make freelancing more prevalent? Only 2.5% of CS majors in UIUC are freelancers, but everyone has the skill!

22. Cash loses 3% of its value every year. How do we educate people and make them aware to not save money in cash or in banks?

23. Why doesn't Apple Pay work?

24. Is it really safe to save our credit card information online? Can't we have a more secure and random way of authentication.

25. How can we be alerted about our bank balance before we spend any money everyday?

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