Category: Economics

My writing life: playing the long game

I’m working on my taxes this week. As usual, this triggers reflections on my finances, and hence my career. I had business income from 20 different sources this year. I do think it’s important to have multiple sources of income, though 20 starts to seem scattered. In my defense, some of this is the result of building a speaking career. It might be more effic… read more »

Reader question: Pay off debt or keep the cleaning service?

Today’s reader question has to do with both money and time. The reader, who works full-time and has two young daughters, explains the situation like this: “The woman who used to clean our house has moved on to a new job and now we are without. We are also in the process of paying off our debt, which was scheduled to be paid off in 18 months. I was thinking that per… read more »

How to keep the treadmill from becoming a very expensive clothes rack

Many people would like to be in better shape. Come New Year’s, gyms see an influx of new members. The problem? Many stop showing up by February 24. Likewise, exercise equipment dealers do a brisk business in December/January. But it’s practically a cliche that the treadmill will eventually become a place to hang clothes. If not that, at least it will be an… read more »

Childcare costs, or why money matters

Get Rich Slowly tackled one of my favorite topics this week: the economics of childcare. It’s not a favorite topic because it is fun. Far from it. Indeed, it’s often depressing. However, it can lead to a useful discussion of how choices need to be considered not just in the moment, but in the long term. (I’m quoted to this effect in the original post). Here… read more »

The Baby-sitters Club, and how we figure out what people want to read

I interviewed a few people from Macmillan last week for a piece I’m writing on crowdsourcing. One of those people was Jean Feiwel, who lists on her bio that working with Ann M. Martin years ago while she was at Scholastic to create The Baby-sitters Club was “one of my proudest accomplishments.” Since we were talking about whether publishers know what re… read more »