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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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20something money stories: what's yours?

by WellHeeled on February 12, 2008

One of the best things I enjoy about writing a blog is to getting to hear other people’s stories, especially from young professionals like myself. And, inspired by My Open Wallet’s NYC profiles, I wanted to do something similar but to switch from a geographic focus to a demographic one.

I’d like to invite 20-somethings (men OR women) to share their money tales.

If you have a beer budget or lead a champagne lifestyle (or both!), if you live amidst the bright lights of San Francisco or in the heart of Texas, if you can calculate compounding interest to the nth degree or if you know more about Ross from Friends than about the Roth IRA – I want to hear your story!

If you have a blog you’d like me to link to, I’d be more than happy to do that as well.

The profile can be as broad or as detailed as you want – of course, in-depth profiles are always the most interesting ones. And everything can be as anonymous or as open as you’d like.

Information that would be helpful to give a context: your age (or a range), your location, and your occupation. You can write about basically anything – how you paid off debt, how you got into debt, what’s your philosophy towards money, if you and your partner have different money styles, what scares you about investing, how you bought a house, etc. etc.

The possibilities are endless!!

So please please email me at wellheeled (at) —- gmail —- (dot com). I’d love to hear all the stories out there, and I’m sure my readers would too.

You May Also Want To Read :

{ 1 trackback }

Looking for 20-something bloggers! « Graduated Learning: Life after College
April 28, 2008 at 4:31 pm

{ 6 comments… read them below or add one }

SJean February 12, 2008 at 8:28 am

My whole blog is my money story, haha. I think I’ll participate if I can come up with something concise and to the point. This is the type of “assignment” in which I tend to ramble on and on…

Reply

Cami February 12, 2008 at 5:16 pm

First off, I love this site! I am about the same age as you, and it’s nice having someone else my age to share money talk with, because soooo many people our age (and older) are financially ignorant.

Money – I can say I’m interested enough in it that I’ve made a career of it. Before I even knew what I wanted to go to school for, I was always interested in what my aunts and uncles had to say about investments and retirement plans over the Xmas dinner table. By the time I was 16, my uncle had drilled into my head the “the magic of compound interest”. I took it to heart. He’s the guy that all the other relatives (my parents included) would speculate about when he left the room for a moment… how many millions was he worth?! LOL A true self-made millionaire. I was inspired. And I learned that being truly wealthy was not that hard, if you played your cards right. My uncle explained that it was just about playing the cards… knowing the tricks.

I find the world of personal finance fascinating. I also find it extremely frustrating to see people close around me so frustrated with THEIR money. I think’s it’s so easy and uncomplicated to have a relatively happy, money-worry-free life, but some people have tiny bad habits that kill them over time. I have always been responsible with handling money, and often tried to offer good advice. Now, however, because I belong to a professional body, my advice has to be quite limited and I only talk about money when people directly ask questions.

Now, without sounding boastful, I have to say that my boyfriend and I have done well together financially. Meaning, we save enough, spend enough, and have fun. The one aspect I hate is, oftentimes others resent the fact we do well (meanwhile, they continue to spend frivilously, make poor choices, etc…. but they don’t see that part), or we are faced with the problem of people asking for money or “loans”. Remember all my speculating relatives? Well, this time its it’s us under speculation. Especially my bf’s family. They are very open with each other, ask very personal, direct questions, and I always battle with being straight up and open, and wanting to say “none of your business!”. On one hand, it’s none of their concern. On the other, I hope to be of help and inspiration.

As much of a hobby and career I find money to be, I also am learning it brings a myrid of complications to relationships, draws up feelings amongst people, etc, so I try to keep talk of it on the down-low to people I know. Hence, my love for blogs developed! :)

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GradGirl February 12, 2008 at 6:29 pm

Fun! Can’t wait to read everyone’s responses!

Reply

Zaleplon February 12, 2008 at 10:40 pm

I am in my mid 20′s and I am finally starting a real paying job after many years of school. It feels good to be making a six figure salary but I feel like I am playing catch up with savings and retirement. I also have a ton of school loans so I pretty much save every penny I can find these days.

Reply

paydaze February 15, 2008 at 1:24 pm

hey there, this is a great idea!

my 20-something coworkers and I started our blog, We’re Rich!, because we realized we don’t know enough — or indeed, anything — about money and it was time for this to change. Little did we know there’s such a great online community of PF blogs out there.

since we’re all in different life stages — one of us is married, one of us is in a long-term relationship and I just moved to Chicago not long ago and have a 4-month relationship — we’ve got lots of topics to cover and stories to tell.

we hope you’ll visit once in a while and take a look!

http://wesorich.blogspot.com

happy weekend,
paydaze

Reply

Jennifer February 19, 2008 at 7:03 pm

I, as well, have a blog on the issue and it’s FILLED with stories about life lessons on money! I’m constantly learning. The best story I have is the day I paid off my last credit card. It was the most amazing feeling I’ve ever had!

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