The Only Two Questions You Need to Answer If You Want to Improve Your Finances

Posted on by Mr. Groovy

I came across yet another academic study that blamed the achievement gap between black and white students on—you guessed it—something other than black students and their parents. This time the culprit was segregation and poverty. The study, Is Separate Still Unequal, can be downloaded here, and it’s worth a look if you don’t mind reading …

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In Real Life, Few People Clamor for Diversity

Posted on by Mr. Groovy

Last month, I began a continuing education welding course at my local community college. Eleven people signed up for the course—myself included—and to the casual observer, we represent a very diverse lot. Here’s a breakdown of our surface characteristics: 9 men 2 women 8 non-Hispanic whites 2 blacks 1 Hispanic white 7 high school graduates …

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Income and Happiness

Posted on by Mr. Groovy

As one’s income grows, so does one’s happiness. But this dynamic isn’t immune to the laws of diminishing returns. At an income of $75,000, happiness supposedly peaks. Don’t ask me why, but my fertile mind got hung up on this factoid recently. On one hand, the correlation between income and happiness makes perfect sense. Make …

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Is There a FI Gene?

Posted on by Mr. Groovy

I sometimes wonder if there’s a FI gene. Up until my early 40s, I was a financial moron. But not because I knew the difference between financial rights and wrongs and voluntarily chose to engage in financial self-sabotage. Nope, I was a financial moron because I didn’t know better. My family and friends were mostly …

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