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 (page 4)

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. […]

Naked With Cash: Betsey S, May 2014

Naked With Cash is an ongoing series at Consumerism Commentary in which readers share their households’ finances with other readers. These participants benefit from the accountability that comes from tracking their finances publicly and the feedback of the four expert Certified Financial Planners (CFPs). For more information, read this introduction. […]

What I Learned on Father’s Day

On Father’s Day, I visited my dad, who is in the process of moving out of the house he has shared with his long-time girlfriend for the past thirteen or so years; she had been living in the house for about forty years, if I remember correctly. We met at the house, which was clear of almost all of its furniture, and walked into town. […]

Naked With Cash: Laura and Leon, May 2014

Naked With Cash is an ongoing series at Consumerism Commentary in which readers share their households’ finances with other readers. These participants benefit from the accountability that comes from tracking their finances publicly and the feedback of the four expert Certified Financial Planners (CFPs). For more information, read this introduction. […]