Consumerism Commentary

This informative group blog was honored by Kiplinger as a “must-read” blog and named as one of Yahoo!’s “Ten Money Blogs Everyone Should Read.”

Profile of Consumerism Commentary

Latest Posts from Consumerism Commentary

How Does a Company Care About Its Employees?

I’m in the middle, well probably the beginning, of a long-term organization project. I’ve accumulated a lot of stuff over the years, particularly since moving into a larger apartment seven years ago. If I want to live a more mobile life, I need to downsize somewhat. […]

Does Getting Married Increase Wealth and Income?

The Urban Institute has issued a report stating the Millennial generation will have the lowest rates of marriage by age 40 than any previous generation. The report contemplates a variety of reasons for this shift, including a reduced role of marriage in a family household and the effects of the latest recession. But what does this mean for the financial future of today’s young mostly-singles? […]

Overcoming Competitive Inertia: Stop the Comparisons!

I grew up in competition. It was a part of my life, all over the place. And sometimes competition moved me to push my self far, motivating me to be excellent, and in other cases, competition broke down my will to excel. An individual reacts to competition different depending on the psychological factors, the situation, and how past competitions have played out. […]

Microsoft to Lay Off 18,000 Employees: How an Acquisition Affects Your Job

Over the next year, Microsoft’s executive management plans to lay off 18,000 employees, including factory workers and those in professional positions. Redundancy. As Microsoft acquired new companies, at least according to the news reports that tend to take a company’s press release and spokesperson responses at face value, they have the potential to take advantage of consolidated businesses. […]

Wealthy Shanghai Teens Are More Financially Savvy Than Average Americans

The Organisation for Economic Co-operation and Development (OECD) recently conducted a study, presenting a financial literacy test to fifteen-year-olds around the world, and has now published the group’s findings. The sample included 29,000 teens from eighteen countries (or, in the case of Belgium and China, two communities, Flemish and Shanghai). […]

If All Investments Are Expensive, Where Can You Invest?

Neil Irwin at the New York Times points out that all asset classes around the world are expensive compared to their historical prices. If that’s the case, is there any investment class available that has the potential to provide great returns over the long-term? […]

If You Don’t Like Your Job, Get Another One

This little tidbit of advice gets passed around frequently, whether by employers who feel justified in their poor treatment of employees or by motivational speakers who want to see the masses take control over their professional lives: If you don’t like your job, get another one. Many people spend years of their lives — perhaps decades — working in unpleasant jobs. […]

Grow Your Dough Throwdown: Second Quarter Results

Through the end of the second quarter, the S&P 500 has climbed 6.22%. That’s a nice increase, and the stock market’s performance has provided me impressive gains on paper in my overall portfolio. […]

What Is the Best Savings Rate?

People like rules of thumb and quick answers. When a complicated question can be answered by an authority with a simple response, the reaction is likely to be one of two possibilities: a feeling of well-being and satisfaction if the questioner is meeting the requirements, or motivation to improve if the ideal situation is not being met. […]

Self-Proclaimed Experts and Other Potential Bad Choices

Whether it’s playing guitar or writing short stories or telling jokes or taking photos — whatever — amateurs are far more likely to think they are experts than actual experts are. That is a summary of the Dunning-Kruger Effect, as explained by David McRaney in his first book, You Are Not So Smart. […]