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 »
In happiness literature, there’s a general distinction between “stuff” and “experiences.” Experiences tend to make us happier than things. The problem is that a lot of experiences are enabled by stuff. So the line isn’t always so clear.
A lot of the experiences my kids had this past weekend involved stuff that we actively chose to spend money o… read more »
When should we splurge, and when should we save?
Money Saving Mom recently ran a guest post from Abby at Mother on a Mission about how she’d wanted to buy a nice laundry hamper years ago. But she realized it was a want, not a need, and she’s survived just fine with her husband’s old dorm-style laundry bag. It’s a standard frugal story, though as Abby answe… read more »
Real Simple magazine has been around for about 15 years, and there are only so many aspects of daily life to be simplified. So the magazine turned its attention to laundry, again, for its August 2014 issue. The advice is perfectly reasonable and helpful: you probably need less detergent! But I’ll admit that I was a bit puzzled by Kristin van Ogtrop’s edito… read more »
In the post earlier this week on The Nesting Place, a few comments raised the question of how to start a business when you don’t have the cash for childcare. You hope the business will eventually bring in enough to pay for childcare, a great house, trips to Tahiti, retirement, innovative philanthropic work, etc., but it probably won’t right away. It is the… read more »