Money Archive

  • stock-credit-card

    Paying down a debt? Think of the interest rates as returns.

    I know it sounds stupid, but it might help to think of the interest rates on your debt as returns on your money. Let’s say you have 2 credit cards: One card with a $5,000 balance at 9% interest The other with a $10,000 balance...

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  • 50s-couple-money-spend-rich-man-woman-cash

    The Money Gap in Relationships: Where one partner earns more than the other

    The “Money Gap” refers to the gap between the earning income between two partners. Generally (stereotypical but true), it is the man that earns more than the woman, sometimes it’s just a little bit more (no more than $5000 – $10,000) but other times it...

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  • stone tower

    Stop the money shaming!

    I find it very interesting that everyone has such different views on what is a comfortable amount of money to spend on living expenses. People who are fairly frugal are usually categorized as ramen-eating, penny pinching, student-like cheapos who don’t have any fun at all...

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  • FB-Closet-Wardrobe-Shoes

    Do you have $600 worth of shoes you never wear in your closet?

    Jezebel reports: Apparently, the average British woman owns 20 pairs of shoes, eleven of which she barely wears. The total value of the average lady’s shoe closet? £720, or around $1,189. That means about $660 worth of shoes are sitting idle. Women buy an average...

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  • stock-cash-money-bills-bahrain

    Money is not evil

    I’ve mused a couple of times half jokingly that if I could just do without money I’d be happy (these musings were mostly when I was in debt). Now my views have changed because I’m out of debt, and I’m really understanding on a deeper...

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  • piggybankglasses

    Saving when you’re young: Why do it?

    When you’re young and fresh out of college, presumably, you’re earning the bottom of what your career can potentially yield after 20 more years in the business, but that doesn’t mean you should bank on making more money in the future as your savings plan....

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  • smoking-cigarettes-pack

    Do smokers make more money?

    I talked about men possibly preferring women who make less money than they do, and if your weight affects how much you earn. But how about smoking? onkel_wart From Barking up the wrong tree, I bring you the answer: NO. Smoking does not make you...

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  • morning-laptop-black-coffee-mug-cup-paper-news-filing-papers

    Money buys UNhappiness when you are obsessed with it

    “There is a correlation between a person’s wealth and decreased ability to savor pleasant experiences” 374 adults in varying ranges of jobs, were split into two groups. The first group was shown a stack of money and the second group, a blurred money of money....

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  • mint-canada-canadian-household-money-dollars-spent-budget

    How does a Canadian household spend their money?

    Mint Canada ran this last year (July 1st 2011), and I thought it to be fitting to run it again this year as a look back. On average, in 2011 Canadians have about $50,734 to spend each year and here’s were it goes! Provided by...

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  • money-cash-bills-bags

    10 Money Lessons

    Be patient. Thousands of dollars doesn’t accumulate overnight, it takes persistence. Focus on how your money works for you. …not for anyone else. Don’t worry about fancy money terms or that you  don’t understand something. Just start with: I earn this amount of money after...

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