Well, it’s April, and you know what that means: tax season is in full swing. Did you shudder just now? Pee a little bit? Plug your ears and start singing, “LALALALA” at the top of your lungs? We’ve been there, but what if this year (and every year from now on) were different? Someone once told Ami that money is a reflection of your soul, and that forever changed the way she approached her taxes. Mostly because she didn’t want her soul to look bad in front of the federal government, but still. What if we all approached our taxes with less fear and more gumption? What if we were proactive and responsible and motivated? Hey, it could happen. Here are some helpful tips that you can easily apply to tax season…and life. Do with them what you will. Keep reading »
Someone call the waaaaaaambulance, we’ve got a whiner on our hands. Over at Thought Catalog, in a piece titled “Being Privileged In Not A Choice, So Stop Hating Me For It,” writer Kate Menendez says she is fed up with other people judging her for her privileged background. She’s sick of being self conscious that, thanks to her parents paying for college and grad school, she had no debt. She’s over pretending that the fancy suits she wears to her internship are hand-me-downs, when she bought them full price herself. She’s tired of getting dirty looks from her doorman when he hands her a delivery from J. Crew, dammit! Yes, doorman. She lives in an expensive high-rise building, get over it, poors, because Kate can’t help it! She writes:
So stop making me feel like I’ve done something wrong. Stop making me feel like I am less deserving. I didn’t ask to be born into this kind of circumstance and I’m tired of being judged for it.
In some ways, Menendez is right of course. It isn’t her “fault” that she was born to parents who “work hard and did much better than they ever expected in their careers.” There is certainly no reason to “hate” her for being lucky enough to have college and grad school paid for, to have the money to buy nice suits and get her hair highlighted. When it comes to accepting these opportunities and privileges, Menendez has done nothing wrong. But I am having a hard time believing that Menendez actually has experienced “backlash” for simply being privileged. Aside from her interpretation of the looks her doorman gives her, Menendez offers no actual examples of the hate she’s received, just blanket statements about people needing to “lay off.” Without any concrete examples, I’m inclined to believe that the “judgment” Menendez feels is actually youthful self absorption making larger conversations about privilege all about her. Keep reading »
As a man, when I think about marriage I ask myself: When can I afford it? I understand that the formula for eligible bachelors weighs income and wealth very heavily. Recently, an article on The Atlantic entitled “All the Single Ladies” reinforced this notion, with its many implications that men who are not doing well financially are unworthy of marriage.
“All the Single Ladies” makes clear the idea that because women can now earn as much as men, the relative financial impact of a man’s income in a marriage is much smaller than it was 20 or more years ago. In addition, we all face the reality that many of us who have high earnings (men and women) have a lot of debt with it, and therefore much less cash for weddings, honeymoons, engagement rings, and even residential homes.
So when can a man afford marriage? I have come up with two scenarios that can help answer this question. In my view, there are two financial strategies for marriage, and both of them can work for just about anyone. Read more…
Yesterday, I finally did something that I had been meaning to do for awhile: I walked into a Crunch Gym and canceled my membership. Which I had been paying for, for a year. And have never used once. Like, hadn’t even picked up my membership card. Pathetic.
When I think about how much money I completely wasted, I want to punch myself. Alas, it’s not the first time I’ve practically flushed my hard-earned cash down the toilet. I have made some truly stupid spending decisions over the years, and in an effort to never be so frivolously lazy again, I am going to share them with you. Feel free to make me feel better by the ways in which you have completely wasted money in the comments! Keep reading »
Here’s a comforting thought: while our planet threatens to transmogrify into an Easy Bake oven, the world economy teeters on the edge of collapse, and Scientology is permitted to exist as a viable religion and way of life, there’s a 22-year-old out there who’s bummed out because she’s never been poor. Taylor Cotter, a 2012 graduate of Northeastern University, grieves the fact that just two months after completing her Journalism degree, she has an editorial job, a car, an apartment, and a 401k, none of which factor into the “10-cents-a-word” life she always dreamed of. It’s not surprising, coming from a girl who begins her lament, titled “A Struggle of Not Struggling,” by stating that “like most female journalists,” her only two inspirations in life were Carrie Bradshaw and Harriet the Spy, and it makes me wonder — has Cotter, who lives outside of Boston, ever actually been to New York City? Keep reading »
Iconic Fear Of Flying author Erica Jong has publicly criticized Arianna Huffington — who uses the unpaid labor of thousands of bloggers on The Huffington Post — and accused her of “hurting writing as a profession.” A feisty Ms. Jong spoke to The Slant, a journalism blog, about Huffington’s effect on the media biz and, wow-ee, she did not hold back. (Which is precisely why I love her.) Keep reading »
I am going to smack the next idiot who tells me that raising her children full time — by which she really means going to Jivamukti classes and pedicure appointments while the nanny babysits — is her feminist choice.
This is how writer Elizabeth Wurtzel begins a piece on TheAtlantic.com entitled titled “1 Percent Wives Are Helping To Kill Feminism And Make The War On Women Possible.”
You know, subtle.
And it goes downhill from there. Keep reading »
We’re broke, we’re unemployed, we owe student loans, we’re living off our parents, we have degrees in things like English and Philosophy, we’re unprecedentedly narcissistic, and as if we couldn’t get any more charming, all the money we do have we spend on luxury goods: welcome to Generation Y, bitches! The millennial epoch, composed of those born between 1980 and 2000, is the fastest-growing demographic of those who purchase luxury goods. Consumers of this generation increased spending on premium fashion and services by 33 percent in 2011, and while boomers remain the foremost buyers of luxury items at 50 percent, millennials have altered their habits drastically in the past year alone. Keep reading »
I am celebrating today because I got my tax return in the mail and used it to pay off every cent of credit card debt that was hanging over me like a dark cloud. I won’t say how much, but it was in the thousands. I bought a new computer, had some doctor’s bills and before I knew it, the debt was piling up as it tends to to. I am pleased to announce that as of this morning, I am 100 percent credit card debt free for the first time in over a year. And I plan to stay that way. It’s weird, but I feel lighter somehow. Debt really weighs down your spirit. Right now, mine is carefree and doing the River Dance. Woot woot! So Friskyverse, I want to know how you are planning to allocate your tax return funds. I hope someone out there is already debt free and using the dough to buy something completely frivolous, like a mini pony or something. I want to live vicariously through you, please. Share with us in the comments.