Tutor profile: Kyle S.
Subject: Personal Finance
Why is it important for people to learn about personal finance?
Personal finance teaches fundamentals needed to function in society and also creates a foundation for wealth building. Many Americans lack an understanding of concepts such as budgeting and saving. In fact, given the current unemployment rate and state of the economy, it is evident that without government intervention, many would not survive. Most Americans live paycheck to paycheck; financial education can break this cycle. By teaching people how to budget, they are learning to cut costs and weigh needs versus wants. Having financial runway opens opportunities for investment, home ownership, and the like. Helping them understand credit would also be essential to prevent future debt crises like the 2008 collapse in real estate or the present student debt epidemic. Personal finance also generates opportunities to invest and create wealth. With strong financials and savings, people may be willing to take the leap into entrepreneurship and create companies. Managing money is essential to be able to do this and stay in business. It also provides opportunities to seek investments such as real estate, stocks, and so on that would not be possible without capital. These asset classes and entrepreneurship have created wealth in the United States for centuries, yet many are oblivious to their existence. Proper financial education would enable people to explore these options while having a solid financial base.
Subject: World History
Why did the Roman Empire Fall?
The once great Roman Empire fell for many reasons, but two of the most profound catalysts include the bifurcation of the empire and the spread of Christianity. When Rome decided to divide its' empire, that signaled that the end was near. Since its' integration into the empire, the Eastern half had proven to be economically prosperous and also wealthy in food surplus. When the empire divided, each side essentially operated autonomously, giving the East the majority of trade income as well as grain from places such as Egypt. In contrast, the West began to go broke and with the onslaught of Germanic tribes crossing into Roman territories had no way to pay them off except with land or military service options. Both worked to Rome's (the capital of the West) detriment as is evidenced by the sacking of Rome by multiple Germanic tribes, ultimately leading to collapse in the 400s A.D. The spread of Christianity throughout the Roman Empire was another reason for the collapse. Christians were for the most part opposed to violence and as such, military service greatly declined throughout the empire. This forced Rome to rely more heavily on Germanic warriors, who eventually sacked the city leading to ruin. In addition, Christianity led to dilemmas when ruling. To recognize the existence of a singular God meant that all other gods in the empire would be rejected, this policy had kept Rome in tact for centuries. Monotheism had been a thorn in the side of the empire since its' acquisition of Judea (Jewish faith) and only grew after the death of Christ, dividing the empire religiously. Overall, the Roman Empire's decisions to divide and embrace Christianity led to its' ultimate demise (in the West).
Subject: US History
How did the Spanish-American War transform the United States?
The Spanish-American War transformed the United States into a global power politically and militarily. Prior to the Spanish-American War, the United States was considered a marginal power with a sphere of influence spanning across North and South America. After defeating the Spanish, a former colonial behemoth, the United States earned the respect of its' European counterparts. This is best seen by the acquisition of colonies abroad such as Puerto Rico and the Philippines. Within a decade of this conflict, the United States was also charged with brokering the end to the Russo-Japanese War, showing an expanding role in global relations. Another way that the United States grew as a global power was militarily. The Spanish-American War displayed American patriotism by the sheer number of volunteers and congress passing war bills to fund expansion beyond the continental US. The Battle of San Juan Hill proved to be an easy win for the Americans including Teddy Roosevelt and his rough riders. In the Pacific theater of the war, the United States' navy was able to take the Philippines and dismantle the Spanish there in one foul swoop. Overall, the United States began the process of becoming a global superpower as a result of the Spanish American War, propelling the nation forward to global dominance.
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