No Regrets

The ability to delay gratification is one of the hallmarks of a wise money manager. That’s what it takes to build savings instead of indulging in all of the “must-have” items we see advertised. However, an interesting piece on _Yahoo! Finance_ recently focused on the regret of putting off fun purchases too long. Columbia University […]

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Allowance 2.0

The digital age is making the traditional children’s allowance much more complicated. According to a recent _Wall Street Journal_ article, many parents are having a hard time keeping track of which child is buying what online–usually with a parent’s credit card–and then deducting such purchases from their allowances. As a solution, the article listed several […]

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Could You Live Without Your iPod?

Could you imagine life without a home computer or a microwave oven? According to a Pew Research Center study, in 1996 most people considered those devices luxuries. By the end of last year, 51 percent said a home computer is a necessity and 60 percent said a microwave is essential. Cell phones weren’t even on […]

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Happiness Doesn’t Cost Much

The _Wall Street Journal_ recently asked several happiness researchers what changes they’ve made in their own lives to boost happiness. University of California professor David Schkade tries to “combat adaptation” by celebrating more often. “If you save all your celebrations for getting married or becoming vice president, you won’t celebrate very much,” he noted. Princeton […]

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Keeping Those Resolutions

With goal setting on so many people’s minds this time of year, _Money Magazine_ recently reviewed the tried and true methods for goal accomplishment. First, make a plan. Write your goals down, break them into manageable parts, and put the list somewhere where you’ll see it on a regular basis–not in the drawer where last […]

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An Unusually Good Resolution

_MarketWatch_ recently asked several financial planners for their thoughts on the “most fruitful personal finance moves” people could make. Many of the usual suspects made the list: increase retirement savings, don’t go too crazy with holiday spending. But one suggestion stood out from all the rest: “Buy a really nice gift for your spouse.” h3(matt). […]

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Getting the New Year Off to a Good Start

It’s New Year’s resolution time and the personal finance press is full of suggested goals. Here are two of the better recommendations from a recent _Yahoo Finance_ column. First, take advantage of the high interest rates being paid on savings accounts and money market funds, many of which are paying five percent or better. If […]

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Gifts That Keep on Giving

Have you ever “regifted?” You know, given something as a gift that someone had given to you? According to an article in the _Detroit News_, 40 percent of people admit to regifting. “Admit” seems to be the key word. Now there’s a “web site”:http://www.regiftable.com on the subject that offers advice for tactful regifting (is that […]

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This is Your Brain on Advertising

Magnetic Resonance Imaging (MRI) is normally used to diagnose injuries or diseases. However, the _Wall Street Journal_ recently reported on the first-ever use of MRI technology to better understand brand recognition. When showing various logos to study participants hooked up to MRI machines, the logos of well-known brands generated more activity in the part of […]

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The Money is in the Details

Little things can make a big difference. For example, on the men’s pro golf tour this year, the difference in average score per round between the number one money earner (Tiger Woods) and the player ranked 150th (Chris Riley) was a mere 3.4 strokes. However, Woods earned $9.5 million more than Riley! For us mere […]

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