Month: July 2008

By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! Additionally, my Tori Spelling Unsung Financial Hero post was featured as the editor’s pick for the Carnival of 20-something Finances hosted at Budgets Are Sexy.… Continue reading Uncommon Money News (Vol. 21)

By: Roshawn Watson After correcting for inflation (perhaps the greatest current economic threat), the median incomes are below where they were in 1999 according to the Census Bureau. When faced with a budget deficit, there are two basic solutions: reduce expenditures and increase income. The biggest caveat (and this is an important one), “making more… Continue reading 5 Tips To Increase Your Cash Flow

By: Roshawn Watson Apparently, an American life is just not worth what it used to be. According to the Environmental Protection Agency, the statistical value of a person’s life is now $6.9 million, nearly $1 million less than what it was 5 years ago. The recalculation is due to numerous cost-benefit analyses. Image Credit: TW… Continue reading Decreasing “Value” Of American Life

By: Roshawn Watson As a self-proclaimed movie buff, here are 10 financial lessons I observed from eight of my favorite movies. Thomas Crown Affair. First money lesson learned: You can be miserable with plenty of money. Thomas Crown had a beautiful NYC mansion, plenty of cash, successful companies to run, among other things. Nonetheless, he… Continue reading 10 Money Lessons I Learned From the Movies

By: Roshawn Watson In preparing to write my posts, I often come across noteworthy and sometimes bizarre financial and business news. Below are links to some of these sites. Enjoy! Additionally, my 20 Ways to Dine Out Inexpensively and Tori Spelling Unsung Financial Hero posts were included in the July edition of the Carnival of… Continue reading Uncommon Money News (Vol 20)

By: Roshawn Watson Did you know that one of the easiest ways to cut expenses is to evaluate your grocery bill? It’s true, spending on groceries is somewhat flexible compared to fixed expenses, such as a mortgage. If you can stick to a pre-specified budget, you may be able to save several hundreds of dollars… Continue reading 10 Tips to Trim That Grocery Bill

By: Roshawn Watson As a cost-cutting measure to combat economy strains, including rising gasoline expenses, Utah will become the first state to experiment with a four-days workweek for thousands of government employees. During Monday through Thursday, the employees will put in 10-hour days and will get Fridays off. The wages will remain the same. The… Continue reading Is the Four-day Workweek For You?

By: Roshawn Watson Real estate investors are snapping up more and more properties because of the current housing crunch. From small-time broker-investors to small real estate firms, many people are buying distressed homes at significant discounts. Image credit: bahia0019 For example, one real estate broker purchased a property for $65,000 that listed for $195,000. She… Continue reading Why We Need Real Estate Investors

By: Roshawn Watson Misconceptions about what it means to be rich are abundant. Many often think of jet-setting socialites. Interestingly, rich people do report being more happy than the poor, so it would seem reasonable that the wealthy would spend more time doing pleasurable activity. However, a recent study by Nobel Laureate behavioral economist Daniel… Continue reading Stressed Out Rich People?

By: Roshawn Watson Due largely to rising fuel costs and an inefficient pay structure, Midwest Air Group CEO, Timothy Hoeksema, has voluntarily taken a 40% pay cut in an effort to keep the struggling airline afloat. Image credit: caribb He stated that Midwest must decide whether to “fix this disparity so our costs better match… Continue reading CEO Voluntarily takes 40 percent salary cut