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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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iPhones and Peer Normative Behavior

by WellHeeled on September 27, 2009

iphone iPhones and Peer Normative Behavior

It’s no secret that iPhones (and the various ilk of smart phones) are popular tech gadgets. I tend not to be an early adapter of technology. When iPhones first came out in January 2007, I thought they were cool, but never felt a deep desire to buy one.

So I’ve made it through almost three years since iPhone’s debut (and watched scores of friends and acquaintances jump on the iPhone train), but now, I’ve been bitten by the iPhone bug. And I think I know why.

One of my good friend, “Ellen”, recently got an iPhone. But why would Ellen’s purchase affect me when I was so unaffected by the purchases of other peers?

A wholly unscientific examination of my thought process shows that Ellen is a greater influence because she 1. is down-to-earth, 2. is very good with her personal finances, 3. considers big purchases carefully before making the move, and 4. just got an iPhone.

In my mind, then, if the iPhone is deemed necessary and worth the money by someone as financially savvy and practical as Ellen, it must be necessary and worth the money. Ellen’s purchase just elevated iPhone from a “nice fun gadget” to a “necessary product” in my subconscious. Hence my sudden wanting for the iPhone.

The more I think about it, the more I’ve convinced myself that an iPhone (or a smart phone) is not a luxury but a necessity (which, of course, it is not. At least not in my present situation). It’s funny – a few years ago I would’ve never thought it vital to have internet access everywhere, but now I can think of a thousand reasons why it’s essential that I can check for directions or nearby restaurants or email out on the road.

Just like before the invention of the cell phone, people got along fine having answering machines and landlines, but after cell phones came along we can’t imagine how we ever lived without it. If I accidentally leave my cell phone at home while I’m out, I always worry about who might be trying to get in touch with me.

The more technology can do, the more we realize we need.

Figuring out the source of my sudden iPhone-fever doesn’t diminish it completely. But I’m resisting, for now. Perhaps in a year or two, when there are more carrier availability and the prices go down a little…

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{ 12 comments… read them below or add one }

Laura @ soalaurable September 27, 2009 at 11:17 pm

I went through the same thought process as you, but I caved and got my husband one for his birthday (and uh, me too). While it’s an additonal expense and definitely not a necessity, I was able to adjust in other ways, and it has been sooo helpful to have. I tell myself I am saving money every time I use it to do price comparisons when in a store

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Phoebe September 28, 2009 at 12:25 am

I too resisted the siren song of the iPhone until last week. I got a new contract and iPhone because I now receive 20% off my monthly cell phone bills with AT&T. I a am careful with my money but decided to buy this one toy since I don’t have a music player. It has been really useful! Today I would have gotten lost in SF and would not have known where to eat were it not for the nifty apps on the phone. I was also able to email people to meet up with, since I didn’t have their phone numbers. I used to vow never to pay for a cell phone (I’d get the free-with-contract ones), texting plans, data and whatnot, but so much for that vow.

Oh, the slow but sure creep of technology that I “need.” >_<

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StackingCash September 28, 2009 at 3:03 am

I continuously have those same feelings about the iPhone. However, I have a family plan of 4 cell phones with Sprint that I pay $83 a month for. Besides breaking my contract, I find it difficult to justify spending so much a month for any iPhone plans. A few months ago I added texting to our cell plan but the cost was only $5/month. I guess I have such a major problem with cell phones is because whenever I look at my monthly expenses, I don’t like how “wants have become needs.” I still believe in the core food, shelter, clothing, and transportation needs, but being in the 3rd stage of personal finance, it is difficult to find that balance between saving for the future and enjoying life in the now. As much as I hate paying for tv, cell, and high speed internet, I do enjoy having them add to my quality of life.

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Lindsey@14footceilings September 28, 2009 at 6:32 am

I have never been a fan of the iphone, but I did jump on the blackberry train, and now can’t imagine my life without internet anytime I need it. I also use the gps function, which is great when I don’t have an actual gps with me. I could go on and on about all of the practical applications, and smart phones are just fun in general.

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me in millions September 28, 2009 at 8:05 am

When I got my iphone it only increased my bill about $25 per month, plus the cost of the phone. It’s definitely a fun thing to have, but I know it’s not a necessity. It does help me keep up with my google reader when I’m not at home and you can find a million “useful” apps. However, I just like it because it makes me feel hip. Not a very good reason, but a reason, right?

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OneGirl September 28, 2009 at 8:41 am

I feel the same way as Stacking Cash. I have Sprint also, and I pay 40/month for my phone bill. I have often considering going to a smartphone, but I don’t want to justify the expense, and my phone is still in good shape after a few years. When my phone breaks, I will reevaluate, but for now, I just can’t do it.

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Elizabeth September 28, 2009 at 9:11 am

Samsung Eternity – looks like an iPhone, feels like an iPhone (actually a touch lighter), works like an iPhone. A penny at Amazon and data plan for $10-15/month (through AT&T).

I’m a Mac person and still couldn’t justify an iPhone’s monthly cost, but this was a great solution to the iPhone-envy.

Reply

Kathleen September 28, 2009 at 10:25 am

My b/f was an early user of the iPhone (he bought his on the very first day the first model came out in June 2007) and has loved it ever since. He now has a 3G and he is always using it to check Facebook, play Scrabble, use GPS, check e-mail, and surf the web. Even after 2 years of this, I find it a little irritating at times, but I do also have some iPhone envy. As others have said though, I still can’t justify paying more for a data plan and as I have a desk job, the only time I don’t have internet access is when I’m commuting. And besides, as b/f already has an iPhone, I already benefit from it when we’re together as I often borrow his phone. :)

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Rachelle September 28, 2009 at 10:28 am

I have an iPhone and I do think want you have it, you start justifying the costs, but I can remember when I didn’t have it and how much fuller my wallet was.

It does make your life a bit more convenient by being connected all the time in a world that is turning towards the internet (blogging, twitter, Facebook, etc), but I would just stop there: convenience.

I have it a bit easier than most because I’m on a family plan so my portion of the bill is just the data plan plus the $10 extra phone charge. The data plan increases when you’re on singular plan as well as the cost for the base minutes per month.

After all this doom and gloom talk (lol!), I would recommend you go to an Apple store. Play with the phone for a while. If you like it, I don’t see why you shouldn’t give yourself a gadget that you’ll enjoy on a daily basis.

Reply

TeacHer September 28, 2009 at 5:23 pm

My iPhone is not a necessity, but I love it and I genuinely think it makes my day-to-day life more convenient and fun. Yes, I’ve caved to materialism. Sue me.

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Joey September 28, 2009 at 6:27 pm

I know Sprint has a bad rap, but have any of you all on here heard of the Sprint SERO plan, now called and referred to as the “Everything Plus” plan?

It is now $60 a month (used to be $30) and it includes everything you need in terms of data and 500 minutes a month. And now that plan includes Sprints “Any Mobile, Anytime” –meaning you can call any cell phone on any carrier for free without using minutes — and mobile-to-mobile is included as well (which no longer matters with Any Mobile, Anytime). If you get a Blackberry, this plan includes your BIS service to get on the internet as much or as little as you want.

If you Google this, you’ll find the information you need to get on this plan. If you need help or are interested just Twitter me, I don’t work for Sprint, but I’m a firm believer in saving money wherever you can. (Direct msg me on Twitter–”jmcavalieri”)

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oilandgarlic November 9, 2009 at 4:13 pm

Your post got me thinking. Wasn’t life a bit more ‘human’ before the iphone and other smartphones? Just the other day, while waiting for my car to be serviced, I made small talk with a few nice people. I noticed a guy who spent the entire time texting or surfing the net on his iphone. Now I know it’s nice to have distractions while waiting (I try to read something) but maybe we’re missing out on human connections or flirtations because we’re too busy being connected with those we already know and updating Twitter or Facebook.

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