Opinion how money and life will shape 2019
Based on current trends and forecasts, here's my opinion on how money and life will shape 2019:
Money:
- Cryptocurrencies will continue to evolve: After a tumultuous 2018, cryptocurrencies like Bitcoin, Ethereum, and others will likely stabilize and potentially experience a resurgence in value. Expect increased adoption and mainstream recognition.
- Fintech will dominate: Financial technology (fintech) will continue to disrupt traditional banking and financial services, offering more convenient, secure, and innovative ways to manage money.
- Sustainable investing will gain traction: As environmental concerns grow, investors will increasingly prioritize sustainable and socially responsible investments, driving growth in ESG (Environmental, Social, and Governance) funds and impact investing.
- Cashless societies will accelerate: Contactless payments, mobile wallets, and digital currencies will become more widespread, reducing the need for physical cash and changing the way we think about money.
Life:
- Wellness and self-care will be prioritized: As people become more aware of the importance of mental and physical well-being, expect a surge in wellness-related products, services, and experiences, such as meditation apps, fitness classes, and spa treatments.
- Remote work and digital nomadism will continue to grow: With the rise of remote work, more people will adopt a digital nomad lifestyle, working from anywhere in the world and enjoying the flexibility and freedom that comes with it.
- Sustainable living will become mainstream: As concerns about climate change and environmental degradation grow, people will increasingly adopt sustainable habits, such as reducing plastic use, conserving energy, and adopting eco-friendly products.
- Experiential travel will be the new luxury: With the rise of social media, people will prioritize unique, immersive experiences over material possessions, driving growth in experiential travel, such as adventure tours, cultural immersion, and luxury retreats.
Intersections:
- Financial literacy will become a key life skill: As people take control of their financial lives, they'll need to develop skills like budgeting, investing, and money management to achieve their goals.
- Technology will continue to shape our relationships: Social media, messaging apps, and video conferencing will continue to blur the lines between personal and professional relationships, changing the way we connect and communicate.
- Work-life balance will become a top priority: As people prioritize their well-being and happiness, they'll seek to achieve a better balance between work and personal life, leading to changes in the way we approach our careers and personal relationships.
Overall, 2019 will be a year of significant change and growth, with money and life intersecting in new and exciting ways. As we navigate these shifts, it's essential to stay adaptable, open-minded, and committed to creating a better future for ourselves and the world around us.