Money & Happiness Reconsidered

A friend who bought a new boat recently quipped, “if money doesn’t make you happy you aren’t spending it right.” Until recently, scientists debated that point, claiming that happiness topped out at about $75K/year in income. That’s now changing. New research suggests that more money makes you more happy up to well over $500K/year. That’s a big difference and seems to make a lot more … Continue reading Money & Happiness Reconsidered

(I Guess) We Are On Budget …

Do I stick to a budget? No, I don’t even have a budget anymore. I’ve become completely un-analytical in retirement. I used to be good at it. When I was working, I built complex spreadsheets to track our annual budget, our net worth, and projections of what we needed in retirement. Since retiring, much of that has gone by the wayside. I stopped tracking our … Continue reading (I Guess) We Are On Budget …

Life Was Financially Better … When?

Internet memes get posted by the millions each day and most of them aren’t worth the time you spend looking at them. That’s why today’s post is pretty silly. I saw this dubious meme tonight and got suckered into analyzing it five different ways. There are a lot of dimensions to the claim in this meme – time, inflation, houses, cars, college – and for … Continue reading Life Was Financially Better … When?