Here are some Black Friday data points to enlighten (and perhaps annoy) shoppers while they’re waiting in line for stores to open up, wondering whether prices will be cheaper next week, or arguing with a driver in the parking lot after getting into a car accident:
wealthy
You’re Probably Not Rich Enough For This Credit Card
Will that be credit, debit or 23-karat gold? For a small number of very wealthy consumers, that’s not a hypothetical question. The JPMorgan Chase Palladium card is made out of laser-etched palladium and gold. It makes even the …
America’s Love-Hate Relationship with Wealth
I’ve been on the road for the past two months, mostly in Bolivia and Peru, where I was pretty off the grid and didn’t keep up with the news. So I arrived home to find a strange phenomenon: Protesters “occupying” Wall Street. And …
Maybe Millionaires Aren’t So Bad? Most Support Higher Taxes on the Rich
In a survey of Americans holding at least $1 million in investments, more than two-thirds of respondents (67%) say that taxes should be raised on people earning $1 million and up annually.
Shocker! The Rich Expected to Go on Big Shopping Sprees This Holiday Season
The average consumer is expected to spend less on the winter holidays this year. Yet it’s anticipated that overall holiday spending will rise slightly compared to 2010. How could this be? While middle-class shoppers scale back, …
145 Money Tips: Get Free DVDs, Avoid Bad Restaurants, Save Money & Mother Nature at the Same Time
There are also money lessons to be learned in this roundup from millionaires who hate fees as much (or more) than you and I, high-profile pawn shop owners who are wise enough to walk away rather than lose money on deals, and …
Study: The Rich Really Are More Selfish
“Lower-class” individuals—i.e., folks without much money or education—demonstrate more compassion and empathy than their wealthy counterparts, according to a series of psychological studies. In social scientist speak, …
Nowadays, the Rich Actually Pause Before Spending, Care About Value
Research shows that in the post-recession era, wealthy Americans are more inclined to wait for items to go on sale before making purchases. Brand names mean less to them, marketing has less influence as well, and the number of well-off shoppers who say they trust salespeople has plummeted. In other words, the rich today are more likely …
Cheapskate Wisdom … About the Downside of Having Too Much Money
“Money is like fire: it will warm your feet or it will burn your socks off.”
$7.5 Million: That’s the Magic Number, Then I’ll Feel Rich
Plenty of rich people don’t really feel particularly well off. In a new survey of millionaires, the magic number—the amount they’d need to feel truly rich—seems to be $7.5 million.
