Watson Inc

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! To my readers: I am so honored by your support. Thank you for reading, subscribing, and for voting for articles from this site on social… Continue reading Uncommon Money News (Vol 59)

By: Roshawn Watson Fast money doesn’t generally equate to long-term wealth. NBA stars are the perfect example. They make more money in a few years than most can hope to earn in a lifetime, yet over 60% of them go broke within 5 years after retiring. Such are the perils of many professional athletes: rich… Continue reading Rich But Financially Inept

By: Roshawn Watson I can’t believe Joan Rivers won Celebrity Apprentice. What a great finale (albeit a 3 hr one) and surprising outcome! Who knew Trump would follow through with the final task criteria. I loved that Annie had that “I won” look on her face right as Trump said “you’re FIRED!” Embedded video from… Continue reading Celebrity Apprentice 2 Season Finale

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! To my readers: I am so honored by your support. Thank you for reading, subscribing, and for voting for articles from this site on social… Continue reading Uncommon Money News (Vol. 58)

By: Roshawn Watson The party is over For the last 25 years, our destructive habits of financial excess and self-indulgence have characterized the nation. We’ve been guilty of overleveraging, overspending, having no sense of delayed gratification, and a negative savings rates. Nonetheless, our awareness of our atrocities was lessened by rising home values, ballooning 401Ks,… Continue reading ls Recession-Induced Frugality Sustainable?

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! To my readers: I am so honored by your support. Thank you for reading, subscribing, and for voting for articles from this site on social… Continue reading Uncommon Money News (Vol 57)

By: Roshawn Watson My wife and I make $400,000 annually and I’m “barely getting by” bemoans James Duran, an owner of a human resource company Silicon Valley. In a recent WSJ article, high income earners suggest that they are not rich and should not be subject to a 3% tax rate increase proposed in the… Continue reading Good Old Middle Class or Wealthy, You Decide

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! I am especially appreciative to the Personal Finance Playbook, My Life ROI, One Family’s Blog, and Stretchy Dollar for hosting the Money Hacks Carnival, Festival… Continue reading Uncommon Money News (56)

By: Roshawn Watson In a refreshing gesture amongst all of the negative news, Hobby Lobby recently announced that they have increased the minimum wage to $10 per hour, effective immediately. A spokeswoman for the company said that Hobby Lobby “had a profitable year, and (they) want(ed) to pass that on to their employees.” Image Credit:… Continue reading Hobby Lobby Raising Minimum Wage to $10 Hourly

By: Roshawn Watson Is the new mark to market accounting change a bad thing? Mark to Market Accounting Changes Recently, the Federal Accounting Standards Board (FASB) decided to relax fair-value (mark to market) accounting rules. With the change, companies may use significant judgment in assessing the prices of some of their investments, including mortgage-backed securities.… Continue reading Mark to Market NOT Mark to Myth