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Amazon Pays Kindle Unlimited Authors $1.33 For Every Book Read

According to data put together by The Digital Reader, writers enrolled in the Kindle Owners Lending Library—a precursor to Kindle Unlimited, where Kindle owners could check out one book per month—earned $2.24 per borrow in June 2014.
On July 18, 2014, Amazon announced Kindle Unlimited. Payouts dropped to $1.81 per either read or borrow (the data is unclear) and continued to drop and fluctuate around this current low point of $1.33 per read.

How Much Do Teens Plan to Spend on Promposals? $324, On Average

The average American household is planning to spend $324 on promposals this year, according to a new Visa survey.

The Cost of an Internet Outage

How much does a city-wide Internet outage cost, in terms of lost productivity, lost ad revenue from not being able to watch YouTube videos, etc.? That’s hugely hard to quantify, but I can tell you what a day without Internet cost me.

The Cost of Recycling

Recycling plants won’t recycle plastic—or paper, or anything else—if they can’t make a profit.

Get Ready to Bid on the Oprah Auction

Oprah Winfrey has made history more than once in her career as a talk show host, media producer, teacher, and philanthropist—and now she is auctioning off a collection of her possessions so that you too can own a bit of Oprah History.

Our Google Searches Reveal Our Financial Dreams

I’m not the only person who uses Google as a way of imagining and experimenting with financial aspirations. Pacific Standard recently reported on a new study suggesting that the less financially secure we feel, the more time we spend online looking at luxury items.

Stars: They’re Not Paying Off Their Student Loans Just Like Us!

You can do a lot more with $100,000 in cash and some debt than you can with no cash and no debt.

Do Do That 1 Thing That You Do So Well

My one thing is to empty my compost bin into the apartment’s bigger compost bin and wash my compost bin out so I can start refilling it. Composting is the law, I guess, in Seattle? Something like that. All I know is that washing out the compost bin is gross and I put it off for as long as possible.

Future Marketers May Try to Capitalize on Our Initials

How hard could it be to send out custom email campaigns designed to attract prospects with the same initials or names as your cause? These prospects are, after all, psychologically predisposed to give you money.

When Mentors Attack

A recent article in the Harvard Business Review suggests that we place too much value in the idea that mentoring is a panacea — especially for women

On Wanting to Be a Millionaire

Today’s must-read longread is I Wanted to Be a Millionaire, a Slate story by journalist and author Justin Peters about what happens when you “have in your hand the money that would change your life, and then watch that money turn to vapor.”

Colorado Residents Did Not Consume Enough Legal Weed in 2014

The Economics of Dating, OKCupid Edition

The City of Seattle sets its current population at 640,500. The Pew Research Center claims there are 175,626 single men in the Seattle/Tacoma area. OKCupid says I might like 84 of them.

How to See The World When You Have a 9-to-5 and a Budget

On Overly Personal Finance

I think if reading the money beat for a year — certainly not something I read before this — has taught me anything it’s just that there is no right answer for anyone. I can share with you my reaction but I don’t think it’s ever necessarily the correct one. We all bring so much shit to the table. I love that this is a place where we discuss said shit, and our feelings about it, or just an honest accounting for how we’ve dealt with it. Sometimes a good old Cost of Things is much more illuminating than any of our ideas about any of it.

Black Friday, Black Friday, You Horrid Little Man

On Being a “Workaholic” When You Need the Money

I come across, both online and in person, as a cheery do-bee who just loves working. And yes, I get the question about work all the time. “How do you do it?” “How do you do so much of it?”

And I want to say, full stop: Because I need the money.

You know, to live.

Shows, and More Stories of 24-hour Daycare

I am sadly not surprised that childcare workers get paid less than people who care for animals. We constantly devalue the work of caring for and raising children.