Scraping By on $150K a Year
My heart bleeds for people who earn a six figure income but are still dirt poor. In a skewed distribution
model with the median income ($43,000 in 2002) being in Salina, Kansas and moving a mile east or west for each $1000 above or below that median, the Bush's would be four states away in Columbus, Ohio and the average CEO would be in....Kabul, Afghanistan. The top 400 incomes would be three quarters of the way to the moon. From a 2003 article at Alternet
so they're probably beyond the moon now and on their way to Mars. From 1979 to 1997, the average annual income of the top 1% (after taxes) increased by 157% (or $414,000) while the poorest 20% went down by $100.
posted by fenriq
on Dec 16, 2006 -
The Harvard University Worklife Wizard
, created by an international team of journalists, economists, and statisticians, is Barbara Ehrenreich's wet dream. It's also a fantastic resource that has flown pretty much under everyone's radar. The Worklife Survey
drives the constantly-revised, constantly-refined Salary Comparison Tool
, which is always hungry for more data about employment from around the world. And when they say they want data from everyone, they mean it-- there's even a VIP Salary Checker that pits the wages of the Yankees against those of the Red Sox
. (Plus if you take the survey, you can apparently earn a chance to win a trip to South Africa). Personally, I love the Workplace Horror Stories
(and there's a competition there too). I can't look at a nail clipper the same way now.
posted by yellowcandy
on Nov 20, 2006 -
is an alternative, worldwide currency in the form of original works of art.
The Bank of International Art Money is an independent organization directed by artists and free from any form of government financing.
posted by fandango_matt
on Oct 15, 2006 -
ATMs for Jesus.
A Georgia pastor has created a business that brings churches further into the digital age- for a few grand and a $50 monthly fee, now your congregation can have the convenience of a debit kiosk inside your church. (via Pandagon)
posted by XQUZYPHYR
on Sep 28, 2006 -
Get Rich Slowly,
a personal finance web site (created by our jdroth
), has been educational to someone who spent most of his life until now pretending financial matters don't exist. His blog is updated frequently, and contains insightful tips on living frugally, eliminating debt, saving and investing. Between his site, and another very educational site entitled I Will Teach You To Be Rich
), I've greatly expanded my knowledge about managing my money effectively. Perhaps most importantly, they're both consistently interesting and easy reads. [more inside]
posted by knave
on Aug 1, 2006 -
Ever wondered what old amounts of money would be worth today?
Or what you could buy with your current salary if you went back 200, 400, or 600 years? Now you can find out with a tool that converts English currency from 1270 onwards into today's prices. Based on Treasury records, it tells you that Mr Darcy's £10,000 a year would now be worth nearly £350,000, or that your house would only have to be worth the equivalent of £500 now to qualify for the vote after 1832.
posted by greycap
on Jun 28, 2006 -
What it costs to live well in the United States.
According to Forbes, living well for a family of four in New York City requires an annual income of $483,800, compared to
$189,923 in Wichita, Kansas. Of course, living well, according to the methodology
, involves a vacation home, a BMW 325i and a Lexus RX 330, weekends at the Ritz, and almost no savings, so you might want to skip one of these things if you are a few bucks shy. Also worth noting, the most expensive ZIP codes
in the United States (and the world
). Are you living well?
posted by blahblahblah
on Apr 25, 2006 -
to anyone who can produce a published case of “repressed memory” (in fiction or non-fiction) prior to 1800. I figure this is something someone here on MetaFilter could dig up.
posted by mulligan
on Mar 1, 2006 -
"I'm worried, Larry.
A financial planner counsels his client: "...I think it's imperative that we start to budget and plan. New purchases should be kept to a minimum. We need to establish and execute on a diversification game plan, to eliminate (yes, eliminate) all debt and build up a significant, conservatively structured, liquid investment portfolio...." Sound advice, but you wouldn't have thought this
would need it.
posted by mojohand
on Feb 12, 2006 -
"The iPod’s a great product. However our experience in dealing with them, as regards licensing music for iTunes, has been quite depressing." Coldcut
member and indie label Ninja Tune
co-founder Matt Black in a pixelsurgeon interview
about the new album, the relative relaxation on sample licensing, and iTunes. For another independent perspective on iTunes see The 99c Question
- addressing the pressures on iTunes from major labels to raise prices.
posted by nthdegx
on Feb 2, 2006 -
is a new way of tracking informal debts with your friends. Web 2.0 nonsense or a viable solution to those awkward 13-way restaurant bills? Not to be confused with Zopa
, another social money project...
posted by runkelfinker
on Jan 23, 2006 -
The police in the UK
recently fined a woman who was lost on one of our main motorways. Spotting a police car on the hard shoulder, she parked up behind it and asked for directions. They helped - and fined her £30 ($50) and endorsed her driving license for illegal use of the hard shoulder. (In the UK, it's for emergencies only)
The police here also use significant numbers of speed cameras to spot and fine drivers, with the some money going to the police. Is that right? Shouldn't the police just enforce the law not directly benefit from those that break it? If they benefit directly, doesn't it immediately question their integrity?
posted by jonthegeologist
on Jan 2, 2006 -
is brilliantly simple: take the cash you'd waste on cigarettes and invest it instead. Perhaps this could help coax economists into quitting smoking, for everyone else, it might be better to have some savings and your health than burning up a few more expensive coffin nails
. [this site from mefi projects
also won the contest
posted by mathowie
on Dec 14, 2005 -
The Forbes Fictional 15
-- it is list season, after all--the usual suspects, and some new entries. Daddy Warbucks (Net Worth: $27.3 billion, attended SUNY Stony Brook) gets this: Iraqi conflict has been kind to Warbucks; recipient of multiple defense contracts; cat-food holdings also up.
posted by amberglow
on Dec 5, 2005 -
The Rendon Group
-- covert perception managers
using our taxpayer money to start wars. ... the product of a clandestine operation -- part espionage, part PR campaign -- that had been set up and funded by the CIA and the Pentagon for the express purpose of selling the world a war. ... it was hired by the CIA to help "create the conditions for the removal of Hussein from power." Working under this extraordinary transfer of secret authority, Rendon assembled a group of anti-Saddam militants, personally gave them their name -- the Iraqi National Congress -- and served as their media guru and "senior adviser" as they set out to engineer an uprising against Saddam. ...
Rolling Stone thoroughly documents the way we pay to be lied into war and one of the people who do it. From Noriega and Panama through to Chalabi, Miller, al-Haideri, Bush, and you.
posted by amberglow
on Nov 19, 2005 -
The Million Dollar Homepage.
Sure, you could buy gigabytes of online storage for a year with $100, but wouldn't you much rather have 10x10 pixels here? Is it stupid? Yes, but havn't you always wanted to make hundreds of thousands of dolars without doing anything?
posted by delmoi
on Oct 1, 2005 -
Leonard Cohen is broke.
The legendary singer's manager allegedly helped herself to more than $5 million of Cohen's savings while he was busy training as a Buddhist monk. Cohen's manager also convinced him to sell his back catalogue and continuing royalties—profits from both sales were allegedly taken by the same manager.
At the age of 70, Cohen's retirement savings have been depleted to under $150,000 and he is being forced to return to full-time touring and recording.
posted by huskerdont
on Sep 5, 2005 -
An unexpected side effect of iTunes.
Remember Bowie Bonds
? Introduced in 1997, bonds tied to future profits of music artists (besides Bowie, James Brown and the Isley Brothers offered them) tanked with the advent of online filesharing. Thanks to iTunes, some on Wall Street are betting that the Bowie Bond is a concept with a future.
posted by me3dia
on Aug 23, 2005 -
Never use a debit card to pay at the pump: "Each day millions of Americans use their debit card at gas stations to "pay at the pump." What you probably do not know is gas stations have the right to overcharge you a certain amount to ensure they get their money. Each gas station decides how much to overcharge and hold on your account. Some put a $75 or $100 hold on the account while others only hold $5 or $10. But, these stations also decide how long to hold that money. Some hold the money for up to three days. . ." How is this even legal?
Am I the last schmuck in the U.S. to find out about this? I just found out that Sam's Club (for example) charges $50 and deposits your change three days
posted by spock
on Jun 19, 2005 -
- a "coherent, logical, useful and accessible financial education resource".
posted by daksya
on Jun 9, 2005 -