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Why We Are So Bad at Buying Happiness

Why We Are So Bad at Buying Happiness

"Those who say that money can't buy happiness aren't doing it right."  Have you heard that joke before?  Well, it turns out that there is more than a kernel of truth in there. People are generally bad at buying happiness because: 1. We buy to keep up with the Joneses / ...

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Hair, Hair, Everywhere – the Recession Edition

Hair, Hair, Everywhere – the Recession Edition

I wrote a hair post in both 2007 and 2008, so I suppose it's only appropriate to continue the tradition in 2009! This post is dedicated to recession's impact on hair budgets. The recession is a major reason why I've been neglecting my hair a bit during these past several months: ...

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Experience, Not Stuff

Experience, Not Stuff

Experience, not stuff: I've decided to make this my mantra to live by. It'll be hard, because I like nice things (ex: shoes), but guess which of the following I remember the most? (a) A $100 leather jacket purchased in Buenos Aires, that I've worn ONCE in 3 years. (b) A $45 hour-long horse ride on ...

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What Sex And The City Taught Me About Love, Life, and Money

What Sex And The City Taught Me About Love, Life, and Money

Sex And The City: The Movie is coming out in May! I am so, so excited, and I'm betting that many Sex And The City feel the same way. Carrie, Samantha, Charlotte, and Miranda - you ladies have been missed! (By the way, I love the photo below - head-to-toe ...

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5 Year Travel Plan: Making Your Travel Dreams a Reality

5 Year Travel Plan: Making Your Travel Dreams a Reality

I've been struck by a bad case of the travel bug lately... I haven't been out of the country since 2007, which seems like a long time. CB and I are saving for Galapgos, but we also want to travel quite extensively in the intervening months before our Big Galapagos ...

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Graduate School: (When) Should I Go?

Graduate School: (When) Should I Go?

Graduate school is a significant undertaking both in terms of time and money. During the last few months, I've felt some pressure from concerned family members about going to graduate school. I know they only want the best for me, but I'm glad I followed my gut instinct and ...

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Should Parents Pay For College Education

Should Parents Pay For College Education

A college education has, for a large percentage of society, become the de rigueur entry-level degree. "Should parents pay for college education" is a question where the answer is always, "it depends." In today's economic climate, I imagine that many parents are having the difficult talk with their kids ...

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Free GMAT Study Resources

Free GMAT Study Resources

Taking and prepping for standardized tests isn't cheap, fortunately, there are many free study resources available online. I've taken advantage of most of these resources when I was preparing for my test last year. Hopefully you will find them helpful as well. Free Online Study Materials The GMAT Uncovered by ManhattanGMAT: A ...

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7 Steps In Overcoming Rejections In Job Search

7 Steps In Overcoming Rejections In Job Search

Rejections during job search are disappointing, to be sure. Nobody likes to be told that they were qualified candidates, but the management has decided to go in another direction. In this environment, however, rejections are common-place through out the job search and interview process. After the initial disappointment wears off ...

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How to Host a Dinner Party On a Budget

How to Host a Dinner Party On a Budget

Hosting a dinner party is always fun, but right now I need my get-togethers to be budget-friendly as well. Remember when I made crab cakes? That was for a group of 5 or 6 friends. The crab cakes were delicious and everyone loved them, but, crabs are expensive! Two pounds ...

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Pure Altruism - Does it Exist?

Pure Altruism - Does it Exist?

Every time the holidays come around, feel-good human-interest stories surface. This is a time to give to others, help those in need, and realize that the world is not as cutthroat or as competitive as we may believe. But is it true? Can people be purely altruistic? The authors of Superfreakonomics (the ...

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The Price of Addiction To Argentine Tango

The Price of Addiction To Argentine Tango

It's happened. I fell for the sultry dance, hard. (I even made its own category!) I leave class with a big smile on my face. I read Argentine tango forums and blogs. I fall asleep thinking of boleos and molinetes. I'm not sure how my wallet feels about the possible financial ...

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Old Cars: Unsung Heroes of Personal Finance

Old Cars: Unsung Heroes of Personal Finance

New Cars are shiny, gleaming, loaded with the latest technology and features. New cars get the big commercials on TV, where they swerve confidently in snow storms, zoom down idyllic country lanes, and maybe even dance a little to the sound of a state-of-the-art in-car sound system near a trendy ...

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Disney World Recap

Disney World Recap

I realized that I haven't really talked about my Disney World adventure (aside from the Dining Plan review) on this blog yet... and well, that oversight must be rectified! If you have any specific questions about Disney World, please ask away and I'll do my best to answer. We Got To ...

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Job Fairs: How to Prepare So You Stand Out

Job Fairs: How to Prepare So You Stand Out

Job fairs can be a great opportunity for applicants to interact with many different companies. But if you don't prepare adequately, job fairs can be a disaster. Last week, I attended a job fair - prior to the event I debated whether I should go. I had heard the horror ...

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How To Practice Safe and Responsible Credit Card Use

How To Practice Safe and Responsible Credit Card Use

Wait, you mean you never had a credit card education class in school? Okay, me neither. The quality of education these days! But there's no reason that high schools or colleges shouldn't offer a class like this. After all, credit card education isn't an awkward topic like the other type of ...

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Giving

by WellHeeled on January 10, 2007

After reading so many detailed giving plans from bloggers, I’m chagrined to admit that I don’t have a plan for regular charitable contributions.

One of the difficulties in setting up such a plan is that I’m not quite sure what charities to give to. Well, at least I am certain that I’ll give to my school once I graduate (even though I already owe it 19,000 George Washingtons). One could argue that donating to a school that already has hundreds of millions of dollars in endowment may not be the best use of my charitable dollars. Still, it has done well by me.

There are several political and social causes that I hold close to heart – I will do some research on them and then decide how much I can give. Several bloggers have recommended Kiva.org, so I will check that out as well. A fellow blogger that I enjoy reading, English Major, aims to contribute 5% of her income to charity. I find that extremely admirable. TBH also has a giving plan and will contribute a fair amount of her income to charities.

In addition to giving money, I also want to be involved in a non-profit whose cause I support. Since I expect my job to take most all of my waking hours, I have to be realistic how much time I will have to do non-profit work. I plan to talk to some people at my school and try to participate as an young alum on a committee. Alums have helped me tremendously during my career search, so I’d like to give back if I can.

You May Also Want To Read :

{ 2 trackbacks }

The Finance Journey
January 13, 2007 at 12:49 pm
Giving back « Well-Heeled: twentysomething life & money
March 1, 2007 at 9:06 am

{ 3 comments… read them below or add one }

English Major January 10, 2007 at 2:26 pm

Thanks for the link & compliment!

I give primarily to Donors Choose. I’m so worn out from changing my template eighty-twelve times this afternoon that I can’t find the words to explain how awesome it is, but you should check it out. The nice thing is seeing the impact of small amounts of money. For me, giving money away in small, regular chunks helps me continue giving (for someone without a lot of cash, giving $45 every two weeks is way easier than giving $180 every two months).

I also plan to give to my schools, both my high school and my college, so, no shame there.

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Brian H January 12, 2007 at 8:03 am

I give 10% of each check to charity as soon as I get it. I also put 10% into savings, and invest 10%. All before I spend 1 penny. It was tough at first, but it works great. Teaches you to manage your money.

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S/100/30 January 13, 2007 at 3:39 pm

Yeah, I feel a little ridiculous about giving to my school even though I owe tens of thousands for that experience (and my school has a 7 billion + endowment!), but I see it as an investment toward eventually being an influential alumna.

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