On An Interview With a Wealthy Retiree About His Taxes

@madrassoup There are a lot of interesting questions that didn't come up because they aren't tax related. As you mentioned, how did he make his money? When did he retire? Why did he decide to retire when he did? What does he do all day? Also, he pays lower taxes because capital gains taxes are lower than regular taxes. Also, he gives to charity and probably takes other deductions. As to how he feels about it, who is to say. His feelings are probably colored by his past experiences. If he ever spent years making 40K before striking it rich, maybe he feels like he wants to hold onto as much money as possible out of fear. Maybe he feels like it's unfair, but he's not going to pay extra tax if he doesn't have to.

Posted on March 24, 2015 at 11:30 am 0

On On Calling Your Employees "Partners"

@inkblackeyes I think that employees hate bullshit even more than they hate being subordinate. In fact, most people probably don't mind working underneath someone else; not everyone wants to be a CEO. However, I wonder if the creative labeling is for the benefit of the leaders more than the subordinates. Maybe when you make a "flatter" hierarchy official policy, it's easier to keep outright abuses of power at bay.

Posted on March 18, 2015 at 4:46 pm 0

On On Calling Your Employees "Partners"

I am currently a Cast Member! It doesn't change how I feel about my job, but I don't really mind or care. I've also worked for a company that referred to managers and leadership as "support," because they "support" their employees. I get the intention, but it doesn't actually upend the hierarchy. As it shouldn't. I feel most valued when referred to by my actual job title, which reflects my area of expertise. It makes me feel like I have something to contribute. Calling employees "partners" is insulting, though, unless they all own shares in the company.

Posted on March 18, 2015 at 2:13 pm 0

On A Catalog of My Worst Apartment Hunts

Arghh, so much moving and so many landlord problems! Not sure which is worse. Strike that; the bedbugs sound like the worst. I'd love to know what you paid in rent for all these places (i.e., what you consider cheap in NY). I lived in NYC from 2003-2010, and was a total cheapskate and later moved in with another total cheapskate. Sometimes I think our standards were different than other peoples'.

Posted on March 17, 2015 at 11:19 am 1

On Women At Work, At Home, & At Rest -- JK, At Work Again

Re: freelancing. I work as an in-house contractor (different from freelancing at home). I hope this freelancing thing works out, because doing the same job year in/year out just beats me down. After a few years in one job, all I want to do is run as far away from that place as possible. I think there's something about the seemingly endless repetition of the commute and schedule that makes me feel stuck. I don't want to feel stuck, but I like the nature of my work enough to continue doing it. Also, I don't know what else I would do. So for now, I freelance.

Posted on March 13, 2015 at 1:06 pm 0

On Women At Work, At Home, & At Rest -- JK, At Work Again

@cryptolect Right. I get the impression that he believes squash is the only career he can have. What that makes sense to a degree, he never considers the possibility that he could stay home instead. Also, they both admitted he never did housework. That was probably as big an issue as the career difference.

Posted on March 13, 2015 at 11:56 am 2

On Could You Come Up With $700 By Midnight?

Back when I was a poor young thing, I was also a freelancer, so I always made sure to have at least 1-3 months of expenses in my accounts just in case the work didn't come. Don't be fooled, though. I was poorly paid. I was just thrifty as hell. Even though I made very little money for years, I always had that $700. There are only 3 times in my life where I didn't have it, and clearly those times were impactful enough that I can remember them more than a decade later.

Posted on March 6, 2015 at 1:23 pm 1

On How a Woman Who Navigates the World as Her Own Savior Does Money

@Oneofthejanes What is the benefit of converting?

Posted on March 2, 2015 at 1:45 pm 0

On Link Roundup: What Can Be Stolen & What Can't; Women in Tech

I wish we could know more about what women are doing once they leave tech. What kind of career moves can they make after tech? At least the LA Times article gives us info about two of the women in the article. The first one "runs her own business making educational apps for children," which sounds like tech to me. Now she just works for herself instead of someone else. The other one took her money and ran away to Rome. Sounds good to me. Why aren't more men doing that?

Posted on February 27, 2015 at 4:35 pm 0

On CA Money vs Midwest Money, & "Relative Wealth" at U Michigan

@Beans Same here. And unlike a lot of people here, I didn't go to a fancy or private university. I went to a humble, unremarkable state school with good scholarship options and affordable extras. My not-rich parents saved and paid for what scholarships didn't cover, and I felt privileged as hell compared to my middle and working-class peers who had student loans. My parents gave me the gift of a debt-free life, and it was the best thing they've ever given me. I had to give up some things, like my dreams of going to a fancier school, but it was worth my freedom. Also, this resonates a lot with me: "the wealthy in each state still have the option of buying whatever it is they want." It's so real. I think that I thrived in spite of a lack of options, but sometimes I look at my friends who grew up with wealth and I'm so jealous of the opportunities they had.

Posted on February 23, 2015 at 2:20 pm 1