The Hourly Cost Fallacy
Financial advisors tell you to calculate your hourly earnings to make outsourcing decisions…but can we really earn more even with endless amounts of time?
Screw Experiences…Buy Stuff
“Studies” show that experiences produce more happiness (whatever that is) than material objects. But material objects can enhance those very experiences that enrich life the most. We’ve all read the headlines. Milennials (and others) are moving away from accumulating things and favoring the accumulation of experiences. People report […]
Unexpected Bargain: Prada Shoes
Sometimes, the most vulgar indulgences tend to be wise spending decisions in the long run…
Rich Man’s (or Woman’s) Jobs
Everyone should pursue their dream careers, no matter how fiscally impractical – AFTER they achieve FI. Beware of these jobs that are the exclusive domains of the financially independent.
Why an Ivy League Degree Is Worth It – At Virtually Any Cost
The press has been having a field day decrying the overemphasis on elite schools, which they say have little bearing on success. But are they just measuring the wrong things?