Monthly Archives: August 2012
Why Do We Worry About Money?
| August 30, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
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 […]
Uncommon Money News (Round Up): Olympian Finances Edition
| August 30, 2012 | Posted by Roshawn Watson under Round Up |
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 […]
Getting Haters Out of Your Wallet
| August 24, 2012 | Posted by Roshawn Watson under Uncategorized |
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 […]
Do Americans Know What Poverty Is?
| August 13, 2012 | Posted by Roshawn Watson under Personal Finance, US Economy |
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 […]
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