Monthly Archives: September 2012
Even Adults Need Those “Look What I Did!” Moments
September 28, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
Child: Look at what I did mommy! Mom: Wow, that’s nice dear…good job! It is funny how as we grow older, we outgrow many things such as bibs, recess, training pants, and naptime. However, one constant appears to be our need for approval. Even as adults, psychologists note that we have an overwhelming desire to […]
4000 Millionaires Don’t Pay Taxes – Uncommon Money News (Round Up)
September 28, 2012 | Posted by Roshawn Watson under Uncategorized |
By: Roshawn Watson An estimated 4000 households with incomes >$1 million don’t pay income taxes, and 14,000 households making between $500,000 and $1,000,000 pay no income tax. Of course, these numbers are totally dwarfed by the number of households earning <$100,000 paying no taxes (>99% or >75 million households). Oh the “joys” of our tax […]
Why You NEED Blow Money
September 20, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By Roshawn Watson There’s an EPIC battle going on. The stakes have never been higher. Your very destiny hangs in the balance. Both sides have experienced warriors, and only ONE will emerge victorious. I’m speaking of the battle between your self-control and your desires. One of my biggest exposures to this conflict occurred when I […]
When Lattes Are NOT Your Problem
September 14, 2012 | Posted by Roshawn Watson under Personal Finance |
By: Roshawn Watson People sometimes get so overwhelmed that they don’t know where to start with investing for retirement, especially while trying to simultaneously invest for a college education for children, pay for adequate insurance, and pay off their homes. This is where the Latte Factor comes into play. It is deceptively simple. By siphoning […]
Does Wealth Reduce Compassion?
September 7, 2012 | Posted by Roshawn Watson under Personal Finance, psychology |
By: Roshawn Watson Most of us are familiar with Scrooge, the wealthy businessman who is high on ambition but short on compassion. Unfortunately, Scrooge isn’t a fictional anomaly; businessmen are frequently depicted negatively in Hollywood. Michael Medved found that since 1970, businessmen have been portrayed as “villains” twice as often as “good guys.” Could there […]
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