Demographic discussions nowadays tend to concentrate on the aging of the population in so many places, and that’s going on. But at the same time, many places in the world have a growing population of people between the ages of 15 and 24. The chart above is from the United Nations Department of Economic and… [Read More]
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The demographics of the world
This chart, from the United Nations Department of Economic and Social Affairs, shows standard population pyramids for the world for 1950 and 2010, with projections for 2050 and 2100. Men are on the left, women are on the right. This gives some clues about what the economy will look like in the next 90 years…. [Read More]
Paying for College: Net prices and sticker prices
I had yet another conversation with someone who bemoaned the fact that college costs $50,000. College does not cost $50,000. At least not for most people. If your family has a high income and your child is going to one of about 20 or 30 very expensive colleges, then yes, college costs more than $50,000…. [Read More]
Women’s Money Week: Planning for the future
Over the years, I’ve decided that the secret to making financial decisions is to identify three things that you care about, then using them to set your priorities and discuss your choices.
Women’s Money Week: Productive hobbies
We all need to do something that isn’t work in order to stretch our brains and keep our sanity. If you are in the market for a new hobby, choose one that’s productive, where you are making something or learning a new skills.
