By: Roshawn Watson Some of us regrettably major in worry. Worry is sometimes easier than picking ourselves up off the ground, scraping together good solutions, and having faith that things will work out. Although financial worries are very prevalent, particularly due to the economy, they are in no way innocuous. According to a poll on… Continue reading Why Do We Worry About Money?
Month: August 2012
Uncommon Money News (Round Up): Olympian Finances Edition
By: Roshawn Watson A few weeks ago, someone asked me “why do many pro athlete parents and Olympians go broke?” I wanted to to provide some insights. Opportunity Costs– Olympians forgo earning potential while training. Accordingly, during their prime income-earning years, where many people are getting established in their careers, Olympians are training. This takes… Continue reading Uncommon Money News (Round Up): Olympian Finances Edition
Getting Haters Out of Your Wallet
By: Roshawn Watson If you have been in the “way” – the frugal way – for any length of time, you build wealth. Wealth is the product of good stewardship of resources, but building wealth and having the tangible products of wealth are not the same things. You can fare well without having obvious displays… Continue reading Getting Haters Out of Your Wallet
Do Americans Know What Poverty Is?
By: Roshawn Watson (special note at the end of post) Increasingly, I’ve become aware that the definitions of “poverty” and “low income” have changed. Fortunately, long gone are the times during the Great Depression where the typical poor would get into bread lines for rations. During the Great Recession, it is a decidedly different portrait… Continue reading Do Americans Know What Poverty Is?