Month: August 2010

By: Roshawn Watson Study hard, get good grades, and get a nice secure job is the mantra that’s continually reiterated as the “right path.” This is what we are taught to aspire to from our youth. There is certainly nothing inherently wrong with job security in that we should all strive to be indispensable regardless… Continue reading Job Security vs. Independence, Yakezie Round Up, Uncommon Money News

By: Roshawn Watson Your house is about 6,000 square feet, almost triple the size of the national average. It has five bedrooms and bathrooms, two-story entryway, three-car garages, master suites with sitting areas and whirlpool tubs. With a crib like this, how could anyone not be impressed? Well, many aren’t. There is a growing backlash… Continue reading My Big, Fat Trashy Home: The Fall of the McMansion

By: Roshawn Watson In The Phony Rich, we discussed how it is almost impossible to build significant wealth while maintaining a high consumption lifestyle. The relatively few that can typically have a net worth of at least $20,000,000 million and an annual income of $2,000,000. Of course, this leaves the vast majority of people out.… Continue reading Teresa Giudice’s Financial Woes Continue, Yakezie Round Up, Uncommon Money News

By: Roshawn Watson We all know the story. So many of us do a job we hate to pay for a consumption-focused lifestyle that we can barely afford.We trade our precious hours for a steady paycheck. Regardless of the size of that paycheck, for most people it is never quite enough. This is commonly referred… Continue reading Is Extreme Frugality For You?

By: Roshawn Watson It is time to go back to school, which made wonder what impact does school have on overall economic success? Researcher David C. McClelland wrote: “So what about grades? How valid are they as predictors (of success)? Researchers have in fact had great difficulty demonstrating that grades in school are related to… Continue reading Back To School Millionaire, Yakezie Round Up, and Uncommon Money News

Frustrated American Worker By: Roshawn Watson Fortunes of many American companies and investors use to be closely tied to American workers and consumers. However, this is no longer the case. Many of the financial elite have become increasingly less financially dependent on America. This decreased dependence has widened the schism between the have and have-nots… Continue reading The Rich Don’t Need The Rest of America

By: Roshawn Watson Housing is VERY expensive in China. In fact, it is so expensive that several analysts are calling it a housing bubble. Perhaps you are asking why should I care? Well, consider that any problem in the housing sector, because it is so subsidized with loans, ultimately shows up in the banking sector.… Continue reading China: Economic Threat?, Yakezie Round Up, Uncommon Money News

crizlai By: Roshawn Watson You are responsible with your money. You plan your purchases to be within your family’s means. You don’t deprive yourself of fun nor manipulate others to obtain good deals. You are simply looking for value. This is my strategy along with millions of other Americans. It is a solid path towards… Continue reading Economists Blame ME for the Slow Recovery

By: Roshawn Watson What if you can go any place your mind could conceive, but only in your dreams? If that question is somewhat reminiscent of the Outer Limits and Twilight Zone, then you are right. The concept certainly isn’t novel. However, I am really referring to Christopher Nolan’s Inception starring Leonardo DiCaprio. I just… Continue reading Inception, Yakezie Round Up, Uncommon Money News