Musings on Money, Personal Finance, Frugality, Debt, and Other Matters
This is rather obvious, but not much appreciated in day-to-day life, so I thought of giving it a shout-out.
Over the last couple of months, I have been in the process of eagerly seeking a change in my current graduate student lifestyle. A part of this change, would come in the form of a real-life […]
Let’s sing a slightly different tune with this post - instead of the usual debt bashing. When I say “bad” debt, I am referring to the “good debt, bad debt” terminology that’s gathering some attention in financial circles - I am not referring to it in a classic technical definition point of view as […]
Add to: del.icio.us | Digg | Yahoo MyWeb | Google | Netscape | StumbleUpon A few days ago, CBS Evening News ran an article titled “Caregivers Rise to the Challenge” which featured some families that were struggling to keep up with taking care of their aged parents (in terms of time and money). Here is an excerpt from the article:
Winchell’s family may be America’s new norm. An […]
Observe and understand.
1. In debt
2. Living paycheck-to-paycheck
3. Sucked by money leaks
4. Frugal living
5. Frugal living with multiple income streams
6. Stingy
7. Happy
Peace out.
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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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