Money

Deductive reasoning for the modern taxpayer

It’s tax time, and every year I think to myself that I should be deducting everything. Really. All my income comes from freelance writing, and since there’s almost nothing in my life that I don’t write about, maybe I can deduct everything.
After years of thinking I should do this but not really doing it, I …

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Financial freedom is outdated; try optimism instead

I am sick of advice about how to achieve financial freedom. Freedom from what? I have asked some people, who I will not link to, since I’m dissing them, and the most common answer is that they want to be able to make decisions about their life based on what they want, not on what …

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Taking good care of a family is relative

In response to my musings about what it means to be a blogger who is just a blogger, Alexandra Levit sent me an article about bloggers who support themselves blogging. I read it twice. Then I started checking out all the blogs, trying to uncover the secret of the million-dollar blog.
Here is what I uncovered: …

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What to do in college to be successful in your career

For those of you about to start another year at school, here’s a list of things to keep in mind: Twenty things to do in college to set yourself up for a great job when you graduate.
1. Get out of the library.
“You can have a degree and a huge GPA and not be ready …

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Your family would be better off with a housewife (so would mine)

Men should not marry women who have careers, according to an opinion piece at Forbes.com. The statistics are clear:
“Marrying these women is asking for trouble. If they quit their jobs and stay home with the kids, they will be unhappy (Journal of Marriage and Family, 2003). They will be unhappy if they make more money …

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Three more ways to think about career happiness

If you ask most people if they like their jobs, they’ll say yes. Alan Kreuger — scintillating economics professor at Princeton, whom I interviewed this morning — says that this is not because people have jobs they like, but because people have cognitive dissonance and are hard-programmed to like what they have.
On the positive side, …

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I’m moving out of New York City

It used to be that people moved to where their job was. But where you live has a lot of impact on how happy you are. So it makes sense that today people pick a city first and then find a job, and cities maven Wendy Waters thinks this trend will increase. I will be …

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How much money do you need to be happy? Hint: Your sex life matters more

How much money buys happiness? A wide body of research suggests the number is approximately forty thousand dollars a year. Daniel Gilbert, professor of psychology at Harvard University, says once you have enough money to meet basic needs — food, shelter, but not necessarily cable “?incremental increases have little effect on your happiness.
Aaron Karo, comedian …

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How to get a raise

You do not deserve a raise just because you have been doing your job well for x amount of months. It is your job to do your job well. That’s why you were hired.
Also, do not complain about your salary not being at market rate six months after you take your job. Because if you …

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How to find happiness: Listen to scientists who study it

We spend so much energy trying to decide what career will make us happy, what job to take, what kind of boss we need. But today happiness is actually a science, and we can teach ourselves to make better decisions faster based on what we know about happiness.
This science of happiness is such a popular …

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The workplace favors athletes, so do your best to be one

Here’s some career advice. Stop obsessing about how smart you are. Instead, get some exercise and you’ll perform better at work — athletes do better in the workplace than non-athletes. Even off the field. This advice is true in a wide range of scenarios — across age groups, job descriptions, and types of exercise.
Athletes make …

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How to reach the new American dream

American dream has changed. It used to be a college education, a steady job, a nice house (and a family to fill it), and a better financial picture than your parents. There is a new American Dream that is still about “doing better than your parents” but not in a financial sense. This dream is …

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Moving back home with your parents is a good career move

In the list of what's hot and what's not, blowing all your money on an overpriced apartment is out and sleeping on the twin bed at your parents' house is in. Bobby Jackson is a senior at Williams College who will graduate this June. He will move back to Washington, D.C. after graduation and look …

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Career change is inevitable, so plan for it

Everyone should plan for a change in career. Statistically, you are likely to wish you could change. Financially, you are likely to be too scared to take action, unless you plan for change early, before you want to make a leap.
Today people start working when they are 22 and don't stop until they are 65 …

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Preparing for a layoff

My husband is probably about to be laid off. It's a touchy topic, though, and he is not very chatty about it, so I am left to guess. What he has told me is that that his company is out of money, but the CEO thinks she might be able to drum up more funds …

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6 ways to give your job hunt spunk

Hunting for a job is almost always difficult. So it's unfortunate that the truism that good things happen to optimistic people cannot be overstated when it comes to job hunting.
Of course, I've had my share of announcing to the world there were no jobs for me and sleeping until mid-afternoon. But experience with misery breeds …

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How to choose between passion and pay

Everyone wants to feel passion about their job, but passion and pay do not always go hand in hand, and often they are inversely related. The trick for many of us is to figure out how to balance the love of our life with the food on our table.
Bill Hewett is the bass player for …

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You only need $40,000 to be happy

Looking for happiness through financial success? Wondering what the magic number is? It's $40,000 according to Harvard psychologist Daniel Gilbert. Really. So technically, most of you should be happy. And if you're working for the next big raise, forget it. You're better off working on teaching yourself how to look at your money with a …

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You need a personal assistant

Your to do list is dragging you down. Why do tasks that do not inherently enhance the quality of your life when you could pay someone $10 and hour to do them? I learned this when my boss and I had our new computers set up at our homes. I stayed at home all day …

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Checklist for career change

My husband recently changed careers. Well, not really recently — actually two years ago. But for those of you who have never endured a career change, two years is nothing. It still feels like the beginning because salary-wise, you *are* at the beginning.
For the most part, his switch has been going well. He went from …

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