Entries from July 2007

July 9, 2007

Carnival!

The new Carnival of Personal Finance is up at Broke-Ass Student and I am happy to see my recent post on Earning a High Happiness ROI included. There are tons of great submissions to this carnival, so check it out! Here are a few of my favorites:

Money and Such has a great post critical of the 401(k) [...]

July 8, 2007

Live a Little While Getting Out of Debt

Many people believe–and from what I understand, at least one finance guru recommends–that when digging yourself out of debt, you should eliminate all non-essential spending and put as much money as possible towards paying off your debt. I disagree.
To me, this plan is just like a strict diet where you can’t have so much as [...]

July 7, 2007

Earn a High Happiness ROI

An important ratio in finance is the return on investment (ROI), which is, of course, the amount of money gained (or, sometimes, lost) relative to what you put in. When you’re talking about finance, you’re talking about exact dollars, and the formula is precise. But I think the concept behind ROI can be applied to spending [...]

July 6, 2007

The Antithesis of Rich

Today’s post from one of my very favorite columnists discusses the extreme case of people spending thousands of dollars every month on their personal appearance:
But something appears to be getting lost in this new, weirdly overblown mutation. Maybe it’s all just another example of that fantastic inverse relationship our popular culture is adept at perpetuating: The more [...]