Posted September 21, 2009 - 06:00 by Vincent Scordo
My immigrant parents have taught me many lessons about saving money and leading a high quality life via being practical, but the following ten lessons were most influential in shaping how I lead my life as a thirty-something today. Some of the lessons are what would be described as old school and some may be overly simplistic, but the hard truth is that each lesson works!
Posted August 8, 2009 - 06:00 by Paul Michael
In advertising, my chosen career, there is an unwritten rule for working with clients that makes everyone’s lives just a little better. It’s the three F rule. But when I explained it to people outside of my industry, they immediately saw ways that it could apply to their own lives. And so, I’m sharing it with you.
Posted July 18, 2009 - 09:00 by Xin Lu
Lately I have been hearing about the concept of "forced frugality" from the media and my peers. Many colleagues and family members say that they feel a need to be frugal in this economic climate due to job loss and investment losses. With this shift to frugality it seems that shopping at thrift or dollar stores is suddenly trendy. However, will this new wave of frugality last?
Posted July 4, 2009 - 11:27 by Philip Brewer
There are two ways to make a major change in your life. One is to make a series of small changes--this month you might brown-bag your lunch one day a week; next month you might go for a short walk every day. The other is to make all your changes at once--cook all your own meals, exercise daily, and turn your hobby into a business. Either way can produce permanent changes for the better.
Posted June 23, 2009 - 00:14 by Xin Lu
The Education of an American Dreamer: : How a Son of Greek Immigrants Learned His Way from a Nebraska Diner to Washington, Wall Street, and Beyond is the personal memoir of Peter G. Peterson, the cofounder of The Blackstone Group, and also the former U.S. Secretary of Commerce under President Nixon. Mr. Peterson became a billionaire when Blackstone went public in 2007, and he consequently founded the Peter G. Peterson Foundation. This memoir is a fascinating and adventurous tale of life amongst the humble, rich, and powerful.
Posted May 1, 2009 - 01:33 by Philip Brewer
Everybody has a "best time" of their life. Maybe it was the summer you spent hiking the Appalachian trail, or a semester abroad during college, or the second half of the first year at a new job (after you'd mastered the work and before it became routine). But why should the "best time" of your life be some time in the past? With some clear thinking and some effort, you can recapture what was great then for today.
Posted September 11, 2008 - 17:51 by Xin Lu
A new article on Slate today details a study by some economists that say people should enjoy their money while they are still healthy and young. The conclusion of their study is that money buys less happiness when you are in ill health so spending money while you are healthy gives you more happiness value for your money. So should your abandon frugality for the sake of your happiness?
Posted August 12, 2008 - 15:57 by Xin Lu
My friend recently had a baby girl and she told me about the costs for a normal pregnancy and delivery. To say the least I was a bit flabbergasted that over $25000 was charged for a delivery with no complications. Since I want to have children in the future, I did a bit of research into the financial preparations one can do for a baby's arrival. Hopefully this will be helpful for all the potential parents out there.
Posted August 3, 2008 - 20:26 by Paul Michael
This is a big hypothetical but I thought I’d throw the question out there and open it up to the wise readers of Wisebread. Let’s forget the other alternatives, there are amazing jobs with stellar pay, and way too many of the opposite. But if you had to choose between the two in the headline, which would it be?
Posted July 11, 2008 - 13:38 by Xin Lu
On my previous article about working to death I found a pretty long comment by a woman named "Jen" who has a husband that works seven days a week to provide for his family. This long and detailed rant sparked several responses saying that Jen is ungrateful for what she has. The comments pointed out many of the non-financial riches Jen has that others would love to obtain. This exchange really made me reflect on how non-monetary things make us rich.
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