Dog wrote an interesting post about how she feels now that her income has been drastically reduced. And worse yet she feels upset about earning a lot less than Senor Dog.  That she feels worthless. That she thinks she’s worth a hell of a lot more than $44k/year, which is about 20% of what she [...]

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Here’s an interesting question on a message board, how much income, or lifestyle makes one financially wealthy?  How do you determine if you are wealthy versus comfortable?  Is there a difference?
Most people said there is a definite difference between being wealthy and comfortable.
Many people can be comfortable no matter what their income if they learn [...]

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A commentor wrote a cool email that made me think.  Broke is a spending problem, while poor is an income problem.  People can spend their way into a lot of problems. They can also have a problem with not earning enough to cover basic bills.
When my DH and I were both graduate students we were [...]

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Oprah Winfrey gave her staff of 100 people a mediterranean cruise costing $1 million.  That works out to $10k per person. Not to mention I’m guessing the time off to go on the cruise.  A very generous gift right?  Absolutely.
But I’m wondering if anyone is sitting there thinking, hmm…I’d rather have $10k cash?  Honestly that [...]

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I was discussing life insurance on a WIR message board, and of course the thread was hijacked into, how much do you need if you are a stay at home parent?  Well according to Salary.com, apparently a stay at home mom is worth $122k in salary.  A working mom’s salary at home is $76k.  Um [...]

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Do you know how much your pastor makes?  Does it matter?  Is there a limit on how much a pastor should make?  A pastor in New York is making $500-600k/year.  This salary has prompted a lawsuit over his “compensation“.  So how’d he make so much?
Base $250k
Housing Allowance (rent) $11.5k = $138k/year
Private school for Child
Maid
Home Equity [...]

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All personal finance bloggers talk about “living within your means.”  We talk about not spending more than you earn.  Only spending what you can pay off on a credit card monthly.  We talk about consuming what we make.  Yesterday I asked the question do you Need more income?
Well going hand in hand with that is, [...]

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We talked recently about the cap on CEO’s compensation for those who get the bailout money.  Some are for and others against.  Some people actually argued that $400k isn’t enough money for CEOs.  Yet others argued that CEOs don’t work any harder than an average joe. Or a single parent working 2-3 jobs to make [...]

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No Book review this week, I went away for the weekend and was too busy to really read.  But the winner of last week’s book “How I managed $20B by age 32″ is…Don’t worry I’ll be back to giving away books next week.
So I’ve preached previously that if you are having trouble surviving, then perhaps [...]

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A stimulating post by MEG from World of Wealth “My 2009 Gift Tax Exclusion” had an interesting comment about her wealth.  Meg is independently wealthy from her family and she wanted to share that she had just gotten more money into her stock portfolio from her family.  She is in her mid-20s with a net [...]

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