Category: Money

The 5 languages of money

My friend Amanda Steinberg, founder of DailyWorth, has a new book out this month called Worth It: Your Life, Your Money, Your Terms. In years of selling ads to the Vanguards and Fidelitys of the world, she would often have a conversation where the financial firm would complain that their ads -- that worked on CNBC! -- weren't working with DailyWorth's younger… read more »

Holiday time tips

Over the years, I have seen some pretty silly ideas for saving time during the holidays. For instance, once of my old Good Housekeeping magazines from the 1960s suggests giving children toys to keep them out of the kitchen while you're making cookies, as if cookies needed to be baked for their own sake, as opposed to being something fun you do with your childr… read more »

The working stay-at-home mom

In the usual narrative about women's life choices, you are "working" or "staying at home." These are discrete identities. They are sometimes cast as ideologically opposed, if people feel like drumming up the mommy wars (and its clicks and comments). While the broad trend over two generations has been an increase in women in the workforce, there have been oc… read more »

Smart Mom Rich Mom (book review)

In our culture, we have a lot of sayings about money. For instance, "more money, more problems." The idea is that money just invites more woe into one's life, which may be a comforting thing to believe on some level. However, I'm not sure it's true. While more income invites some problems (you are unlikely to be audited if you don't have a lot of taxable income!),… read more »

Is this a happy money story?

There are many great reasons to choose to stay home with your kids. Achieving better personal finances, however, is generally not one of them. Economist Sylvia Ann Hewlett has calculated that professional women lose 37 percent of their earning power, on average, by taking 3 or more years out of the workforce. To put some numbers on it: a 37 percent haircut on $… read more »