Site Archives Economy
Are You Really Worse Off or Does It Just Seem That Way?
By Jennifer Derrick
Like any good financial nerd, I spend a lot of time watching and reading the media’s coverage of the economy. Over the last few months the tone has gone from mildly concerned, through concerned, and on to full blown panic. This amuses me because you can literally watch the rhetoric ratchet up […]
Am I Supposed to Feel Guilty?
By Jennifer Derrick
We are friends with a couple I’ll call the Joneses. The Joneses are exactly what they sound like. They are the ones on the block with the latest cars, toys, and gizmos. Despite that, they are nice people and we’ve been friends for years. Each year we go on vacation together to a […]
Is the Conversion to Digital TV an Economic Stimulus Package in Disguise?
By Jennifer Derrick
Even though I don’t watch a lot of television I, like everyone else, have had to look into converting my TV to digital so I can continue to receive my local networks after February 2009. While I don’t watch much, I do like to be able to see the news or PBS every […]
The Politics of Frugality?
By Jennifer Derrick
Since when did choosing to live a frugal life become a political issue? I don’t make a huge deal about my frugal lifestyle, but when it “shows” in public, more and more people are feeling perfectly free to slap some sort of political label on me. Maybe it’s because it’s an election year, […]
Should You Take One For The Team?
By Cortni Marrazzo
“Falling housing market.” “Possible recession.” “Troubled economy.” These phrases have been buzzing around lately in the media. Real estate prices were going up and many people decided to buy more house than they could afford with unconventional mortgage terms. Now the house prices are falling in many areas and […]
How’s the Economy? The Scrap Heap Indicator
By Jennifer Derrick
I don’t need the media or the government to tell me that the economy is heading south. I have a foolproof barometer of economic health in my own town. It’s called the scrap heap, aka, the metal recycler.
For about ten years, I’ve been collecting my aluminum cans and taking them to the […]
The Discomfort of Being Financially Abnormal
By Jennifer Derrick
In recent weeks I’ve felt a distinct discomfort when listening to the media, the government, and even my acquaintances talk about money. It’s always been pretty clear that I’m not normal and that I don’t fit financially into this society. I’m a saver and a proponent of more frugal lifestyles. I’m not a […]
Recession? Maybe. Protect Yourself in 2008
By Jennifer Derrick
The drumbeat of recession talk continues to grow louder in the media and amongst financial analysts. The housing crisis, the credit crunch, high energy prices, the falling dollar, inflation, and slowing consumer spending are all contributing to a troubled economy. While no one can see into the future and know for certain whether […]
What Spaghetti Can Teach Us About the Housing Market and Economy
By David John Marotta
For the past seven years US markets have experienced the ripple effects of the tech sector’s correction in 2000. The latest waves have been in the slow decline of the housing market and, now, in the weakening of the commercial real estate market. While economists can’t always explain the timing of these […]
Financial Nostalgia: Do We Really Want to Return to the Days of Ten Cent Ice-Cream Cones?
By Shannon Christman
My Dad loves to save money and to tell stories. One way he combines these loves is to reminisce about the low prices in “the good old days.” He is realistic, however. When he talks about buying ice cream cones for ten cents each, he rarely fails to add, “But […]
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