One reason people live poverty-stricken lives in developing countries like Nicaragua is that jobs pay meager wages. Also, there aren’t that many places to save your money. Also, workers spend a big chunk of what little money they do make on vices, including alcohol, prostitutes, and Coca Cola.
Buy any Wii, PS2, PS3, or Xbox360 game and get a second one free during a Toys R Us sale, which lasts until January 2. Up to 60% off many clearance items too.
Some people are lucky enough to be wondering not how to get money, but what to do with a sum that’s landed somewhat surprisingly in their laps.
Here’s Jim Manzi (no, not that one; this one), writing in National Affairs (via Michael Pettis) on the question, addressed here a couple of days ago, of balancing economic security with economic dynamism:
Conservatives have …, as a rhetorical and political strategy, downplayed the problems of cohesion — problems like inequality, wage
The most obvious upside to being a consumer this year was that you felt wanted, and you felt appreciated. In a bad year for business, retailers were very, very happy to have yours. You felt the love—though sure, they only “love” you for your money. It wouldn’t be the first time somebody was happy to be in a relationship with a gold digger.
As we leave 2009 behind, there are many signs that life will be way better in the year to come.
It sucks to buy technology that feels outdated a few weeks after your purchase. On the other hand, buy too soon and you’ll feel like a sucker because the new item has problems that haven’t yet been solved or because, if you’d only waited a couple weeks longer, you’d pay way less.
A story in Real Simple lays out dozens of ways to save on everything from health care (try a retail clinic) to entertainment (buy refurbed electronics) to everyday bills (switching cell phone plans could save you over $300). Add up all the savings and you could have a few extra grand in your bank account at year’s end.
Barry Ritholtz has a good summing-up of a new paper (pdf) by three IMF economists on the link between lobbying and risk-taking by lenders. The gist: Firms that made the riskiest loans spend the most on lobbying Congress. And what were their lobbying aims?
• prevent any tightening of lending laws that reduce the benefits of
It’s the time of year to make resolutions, or at least it’s the time for journalists to write stories about making resolutions. This year especially, these resolutions involve better money management. But come on: If you didn’t figure out how to take care of your money this year—a year when everybody was scrimping and saving—you may …
For many unemployed Americans, health insurance isn’t remotely affordable—even with the government subsidizing 65% of former workers’ policy premiums.