It’s a question I have asked myself a hundred times. Is earthquake insurance worth the money? I used to ask that question when I didn’t have earthquake insurance. I finally decided to buy it because I live in a high risk area for earthquakes. I’ve had the insurance for just over a year now and I still find myself asking whether it is worth it
I’ve often wondered why people have such radically different relationships with money. Certainly the way their parents handled money impacts how they handle it but I believe there are other things that also affect how each of us deals with money. I think that there is a strong correlation between people that worked as young children and those of us who choose to save as adults.
I’ve always like Ben Stein. The guy is just plain smart. I’ll always think of him as the teacher in Ferris Bueller’s Day Off, but over the years, I’ve also come to think of him as an intelligent investor. In Ben’s latest post he talks about two different friends of his. One spends his days working and buying cars and facing the impact of poor
As I sat reading the Sunday paper yesterday, I found an article that talks about Motorola cutting out their pension. Approximately two years ago, Motorola stopped offering pensions to new employees. Now, they are changing the way the benefits are calculated for current employees which will result in smaller pensions for 24,000 of their workers. Just one more example of why we each have to