Archive for the 'money' Category

Will You Spoil Your Children If You Give Them Substantial Economic Gifts?

This question comes up when the authors of The Millionaire Next Door discuss the concept of “Economic Outpatient Care“. Simply put, Economic Outpatient Care, is the *help* parents tend to give, in the form of economic gifts, to their children - in the hopes that such gifts will help the children accumulate more wealth […]

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Times When We Don’t Keep A Track Of Our Dollars

We do try to save money on a lot of things in life and generally tweak stuff here and there a bit to get some extra juice out of our financial resources. However, there are rare occasions when we ignore the dollars and just focus on maximizing our experience. Here are two such examples.
1. […]

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Jobs That Pay Badly And People Who Choose Them

Sometimes, I wonder what will happen if everyone chose jobs that gave the best returns on investment - the world would have been filled with disproportionately large numbers of lawyers, doctors, software engineers, people who own popular websites, etc. I am not quite sure if our life would have been happier (because everyone is […]

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Rising Milk Prices, Emerging Economies, And Stolen Cows

Milk seems to be the next hot thing after gasoline.
Yesterday, at our local SAM’s club, milk was priced at $3.49 a gallon … and gasoline was at $2.55.
Anyways, did you know that milk prices are rising globally because affluent people in emerging economies are drinking more milk? Here is what the NY Times […]

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Is Your House Burglar-Proof Or Burglar-Friendly?

Yesterday, I was reading this article about a personal finance blogger’s conversation with a burglar, on where to hide money in the house. Although, the article probably written in a serious frame of mind, I couldn’t suppress a few chuckles (I don’t know why) before I finished reading it.
According to the article, basically, to […]

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