Category: Behavioral Economics
Why Aren’t You Married?
“Some men want their hell before death.” When I was in my 20s and 30s, this was my explanation for why men got married. As you can probably surmise, I had some issues back then. But fortunately for me, I worked through those issues. In 2002, I married Mrs. Groovy. And it’s been a rollicking…
Are You Ignoring the Key Gauges on Your Financial Dashboard?
When driving a car, the car’s dashboard comes in pretty handy. With just a quick glance, you can see how fast you’re traveling, how much fuel is in the gas tank, and how hot the engine is running. Absent a dashboard, driving a car would become a lot more challenging. Believe it or not, your…
How Much False Wealth Is In Your Life?
For my last full year as a public servant (2006), my base salary was $76K. Add overtime and benefits, and I easily cost the taxpayers more than a hundred grand. Was I worth it? In other words, did my skills warrant compensation in excess of a hundred grand? Let’s look at the facts. My title…
Why Aren’t You Turning Japanese?
When I was a freshman in college, way back in 1980, there was a one-hit wonder from the Vapors called Turning Japanese. Here’s a YouTube clip of the song. Now for the life of me, I have no idea what this song is about. But I included it here because it makes a nice segue…
The Answer-To-Everything Syndrome
Here’s a weird question for you. Do you happen to know anyone who always has the answers, but never has the solution? Let me explain. I have a dear friend who has struggled financially his whole adult life. But no matter what I’ve suggested to improve his situation, he always has an answer for why…