In financial terms, an investment is something that increases in value because it generates streams of money from dividends, interest, or rent. A store of value is something that, over the long term, is expected to increase at the rate of inflation but no more. Examples would be land and commodities or land. The problem occurs… [Read More]
Blog
Category: Chicago on the Cheap
My favorite app: Best Parking
Today’s blogathon assignment is to write about my five favorite apps. I’m not sure I have five favorite apps, nor do I have time to look up a bunch that look interesting. Instead, I will post about my single most favorite app, which I already wrote about for Chicago on the Cheap: Best Parking. Yes,… [Read More]
Money Smart Week: Just save already, darn it
Money Smart Week has come to an end. The goal is great: to get people handling their money more responsibly. After all, money represents hours of work, and you should use your time for things you want and need. The key to financial security is to live on less money than you make, then get… [Read More]
Money Smart Week: Money, careers, and literature
This semester, I’m teaching a class at UIC on business, finance, and American culture. It’s a lot of fun to teach, and (I think) the students get a lot out of it. The class has started making their final presentations, and the first batch was really good. Three of the books assigned are The Jungle,… [Read More]
