One of the things that I love about The Complete Tightwad Gazette is how Amy Dacyczyn walks readers through her tightwad life. So let me walk you through a recent round of cooking. On a recent Thursday, I was a little too brain-dead to do actual cooking. I try to avoid ordering out, so I… [Read More]
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Category: Financial Advice
Money Smart Week starts tomorrow
Tomorrow is the official start of Money Smart Week, a program started by the Federal Reserve Bank of Chicago in 2002. This year, it runs from April 20 to 27 and includes events throughout the Chicago area at libraries, schools, and businesses. The goal is to teach people how to manage their money. We here… [Read More]
Your 401(k) is not free money
I recently did a profile of pension reform in the state of Rhode Island for InvestHedge magazine. The treasurer of Rhode Island, Gina Raimondo, was in Chicago to talk about the reform process, and she said that it included a defined contribution plan that was similar to a 401(k) plan, but with one huge difference:… [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.