Tag: Personal Finance

How Many Days of Your Life Does Your Home Cost?

  Having spent years selling and appraising real estate, I’m familiar with the usual measures for valuing a house. Price per square foot, comparisons to similar properties, and the guideline of keeping housing at or below 25 percent of what a household earns are...

“The Economy is Bad–But Not For Me”

I recently came across a new survey of personal financial and economic views of Americans done in March of 2023 by NORC at the University of Chicago, funded by The Wall Street Journal. Here are some of the findings I thought were particularly notable. Most of us, a...

Why Budgets Don’t Work

As a species, humans are notoriously poor at following through with their plans. In this series on living a sustainable life, Tara Siegel Bernard writes that, “Sticking to a budget — a dirty word even among many financial planners, who prefer the more...