He told me he had a gun, but it turns out to be a friendly neighbor trying to do some good. To say that perception is important just doesn’t do the term justice. It is the sole contributor to our decision to purchase, and the reason why some of us make more money than others. [...]
Once you trade up, you are never going back. Lifestyle inflation is a real phenomenon that I’ve surprisingly seldom talked about. Basically, it refers to the strikingly true fact that most people increase their spending as their income increases no matter how much or how little they earn. Stepping up the standard of living ladder [...]
Before you read the following piece, please answer this first – do you think women or men spend more money? Does the thirst to buy have anything to do with our sex orientation? What to do you think? I used to wonder why some stores are successful without any decoration, while others spend a huge [...]
Sometimes, there’s no one to blame but yourself. For whatever reason, my doctor visit a few days ago really struck a chord and got my blood boiling. I caught a cold and I went to see a doctor to make sure it’s just regular coughing and nothing more serious. The $25 co-pay seemed unnecessary but [...]
In my last post I described how Aaron and I came to the decision to spend our first vacation in San Francisco and Napa Valley. Once the destination was settled, we were able to focus on the financial choices that we could make before leaving. Let me share a few tips with you on how [...]
Even high income earners are eligible to make a Roth IRA conversion starting in 2010. To sweeten the deal even more, those who elect to make the transfer can spread out the taxes owed in years 2010 and 2011. But how does the roth IRA conversion work? What are the consequences? Consider This Before Making [...]
