Woman uses 'girl math' to help explain complex financial jargon to young people and it's pretty rad

In today's world, to have a functional life money is imperative. It becomes more of a priority as you age and adulting stares you right in the face in the form of rent, healthcare and more. Having knowledge about investments, finance and various concepts helps people stay a step ahead in the rat race and make informed financial decisions. Moreover, the desperation for money in today's world sometimes makes people susceptible to fraudulent schemes. Iris Ayala, who goes by @irisayalaa on Instagram, has taken it upon herself to connect and inform her followers on various topics of finance. The reason she does so is because, in her experience, financial jargon is communicated in complicated language, which makes it hard for a 'layman' to understand. To widen the reach of these teachings, she uses 'girl math' to deliver them to the students.

Iris captioned the video, "GRWM: financial literacy but- girl math." At the beginning, the social media influencer introduces herself by saying, "Hi, my name is Iris. I make money easy to understand." The topic she undertakes in the video is "inflation." There are always conversations regarding the country's financial struggles leading to horrors like homelessness and unemployment. Even though people would not like to admit it, many might have thought, 'Let's print some more notes and distribute it.' In this way, everyone will have enough money to fulfill their basic needs. This can't be done as it will bring inflation.

As defined in Investopedia, "Inflation is a rise in prices, which can be translated as the decline of purchasing power over time." This definition might go above the heads of some people, but fret not, Iris is here to the rescue. She explains the concept using things that people are aware of in their daily lives. The influencer breaks it down into terms that make the whole concept more appealing and gives it more clarity. Her 'girl math edition' of the concept is, "Think of the Louis Vuitton Neverful. This is probably the most basic bag to ever exist. I mean everyone and their neighbor has one. This bag is so basic, that most people look at it and think it's tacky because everybody has one. Since we have so much of this item, it's completely lost its value."

Therefore, if there is too much currency out in the market, then it will lose its value. Iris further elaborates, "Another example of this is the Instagram verification badge. Back when you couldn't pay for one, in order to get this badge, you had to be somebody, they weren't just handing out verification badges to anybody. They were reserved, they were scarce and it's because that they were scarce, it was a lot more valuable." Now that people can just buy the verification badge, they have become less valuable. This is what would happen to currency if they are available in large quantities. As Iris puts it, "the more of something we have, the less value it has." Since there would be so much of it the prices would automatically shoot up and people would become less capable of buying things.

The comment section loved her easy way of communicating and teaching the concepts. @zoo.sia wrote about the analogy they use to explain the concept, "I always use the downgrade of Adidas superstar shoes as an analogy to why we can’t print more money." @kaint_jatti_103 commented that this was an interesting way to communicate the concept, "Being an economic major I knew this but it was more interesting like this."