Sally wants Mark to work more so she can quit her job to be a stay-at-home mom for their two young children. Mark wants Sally to continue working so they can pay down debt and build some savings. Despite earning a higher than average combined annual income, they often argue about money. Worse, they feel [...]
There is a common misconception that most people are either right-brained (creative, intuitive) OR left-brained (logical, analytical). But this isn’t true. We are born with two brain hemispheres. It’s just that our society tends to place a higher value on left-brain skills such as language, logic and math. Unfortunately, this left-brained focus can squash our [...]
by Millionaire Mommy Next Door on August 20, 2009
in Economy
Quick and sloppy post here — I have timely news and advice but only 10 minutes to share… The Cash for Clunkers program ends on Monday, but I won’t be spending my weekend tramping through car dealerships. Here’s why: My clunker is worth more $ now because so many cheap cars have been destroyed. I [...]
It’s been my experience that frugality can run the continuum from miserly to magnificent. When I was a child, I never went a day without a nutritious meal or a warm bed. Still, I recall times when I perceived my family as poor. In the school cafeteria, I furtively slipped my free lunch ticket to [...]
I was eight years old when my girlfriends and I strutted proudly around our living room singing into our hairbrush faux-microphones: “Oh yes I am wise But it’s wisdom born of pain Yes, I’ve paid the price But look how much I gained If I have to, I can do anything I am strong (strong) [...]
I’ve been receiving emails lately from people asking questions like: “Is the stock market experiencing a true recovery or is this just a bear market rally?” “Do you think we’ll see a V, W, U or L shaped recovery?” “Should we expect deflation or inflation?” “When will my house be worth as much as I [...]
In response to my last post, Would You Ditch A Car For $1,000,000?, a reader made the comment: “As a grad student in an urban area, I don’t have a car (nor could I afford one) and I use public transit. … I wish there was a “big ticket” item like that that I could [...]