the comments remind me of when rachael ray gives lots of money to charities for animals and people are all, you should give them to charities for humans! it's a wonderful thing this guy is doing. yes, he could be doing more or better but so could all of us. no, he's probably not going to solve the world's problems on a 6-figure salary. no one said he was. his intentions are good, his giving undoubtedly helps someone, he's not self-righteous about it. i couldn't criticize even if i wanted to, and i don't want to.
@Anne Wachtel@twitter I am from the SF area, and have lived all over the place (currently just down the road from you in Columbia, MO and love it and also love St. Louis). It amazes me how narrow-minded my California friends and family are about it being the ONLY place worth living. I am as Bay Area as it gets (in that I am not AT ALL a "typical Midwestern" type, hippie chick representin'!), and I find so many places around this country that I have been/would be delighted to live in. Also, my degree from a "fancy school" seems to get me jobs a lot easier in these places than it would in the bay area where everyone seems to have a degree from a fancy school. (Seriously, I got a job I was totally unqualified for based solely on the name of my school. Now that I think of it, two jobs. And it isn't even that fancy of a school).
What do we call acquaintances from high school who after college call and ask you to get a cup of coffee, and you say "hell, why not?" but when you get there they are wearing a suit and want to talk about your investment options and get the numbers of everyone you know now. Are those not financial advisors? They definitely wanted to advise me about my money (and everyone else). And I am a teacher so I'm not exactly in the half million income sphere...
@pterodactylish Sadly not everyone can have dinosaur-related pen names.
@parallel-lines To contribute to anecdata, I grew up fairly low-income (family of three on $8,400/year, although inflation makes it seem worse than it was), and while my parents did eventually claw their way into the middle class, we continued to live very, very modestly. For most my teenage years, we all lived together in a tiny one-bedroom apartment in an affluent New England town that they choose because it had good schools. In the past, spending money definitely gave me a sense of freedom, but when I look back, personally, it seems ersatz. But everyone else's mileage will vary.
@SterlingCooper05 @SterlingCooper05 My dad had Ivy League stars in his eyes, and told me once that if I got into Harvard, he'd live on the streets to pay my tuition. Luckily for all involved, I didn't get into any Ivy League and end up at a (good) state school with $5,000/semester tuition. The lesson here to avoid staggering loans is to have practical parents or have average grades.
By EM on Waste Not, Want Not
I am enjoying the delicious contradiction of the "STORE" section on her webpage, where you can purchase all these delightful products to help you avoid consuming things.
By lalaland on Waste Not, Want Not
@amyfrances It reminds me of a Vogue? article I read about a woman who was "minimalist" - she only had 5 jackets, 5 purses, and a few pairs of jeans and tshirts. Except all of it was made by Chanel, Hermes, Balenciaga, etc. While I may have more than my fair share of Forever 21 goods, I can still guarantee my entire closet costs less than her minimalist wardrobe. That is to say, it takes a lot of money to be bare and minimal, but more importantly, to have people look up to you for it. Because if you don't have that money and you have few things...then you're just poor.
That picture of them in the kitchen is the wealthiest looking picture I've ever seen.
@SD You don't believe luck has ANYTHING to do with your success? I think what you want to say is don't depend on luck -- be practical and make smart choices. That's good advice. But I've got to point out that you are lucky. You're lucky you were born in this country. You're lucky you were born to parents who had the means to support you. You're lucky you were born to psychologically healthy parents who could encourage and love you without smothering you. You were lucky to have an interest in, and a predilection for, finance. Etc, etc etc. Luck may not be everything, but dude, it counts for a lot! You have to admit that.