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Tag: money management

Finding Your Financial Comfort Zone

Watch this video on YouTube Try to imagine the enormous range of possible financial conditions in which human beings can live. At the lowest end is bare subsistence—the minimum food and shelter possible to sustain life. At the highest end is unlimited...

Spenders, Savers, and Successful Savers

Watch this video on YouTube Are you a spender or a saver? According to Scarborough, a market research firm, only 9% of adults in the U.S. label themselves as spenders. This is the percentage who “mostly agree” with the statement, “I am a spender...

What Is a Middle-Class Income?

Watch this video on YouTube The middle class. Marketers target it. Politicians champion it. Economists talk about it. Most of us consider ourselves part of it. Yet, when I’ve asked for a clear definition, I have not found anybody yet that really can tell me what...

“Did I Pay This Bill? I Can’t Remember.”

Watch this video on YouTube “Are any of you concerned that you may be experiencing signs of early-onset Alzheimer’s?” A social anthropologist recently asked this question of a group of us who were all aging Baby Boomer professionals. Almost every...

Free Money: Mental Accounting and Couples

Last week my husband and I hired a painter to put a fresh coat of paint on our hundred year old home. True to form, my husband negotiated a good deal and got the contractor down $600. When he told me he saved this amount of money, he immediately started to brainstorm...