Archive for March, 2008
Friday, March 28th, 2008
We Americans are failing at money management. We have issues with debt and saving for retirement. We have even more pressing issues. Over 40 percent of Americans don’t save money for emergencies, even though experts say this is one of the highest priorities.
Lack of information does not seem to be ...
Posted in Motivation | 7 Comments »
Tuesday, March 25th, 2008
Every Tuesday is a Game Theory article at Mind Your Decisions.
There are hundreds of gas stations around San Francisco in the California Bay area. One might think that gas stations would spread out to serve local neighborhoods. But this idea is contradicted by a common observation. Whenever you ...
Posted in Business, Game Theory | 15 Comments »
Sunday, March 23rd, 2008
My article on saving more or earning more has ignited an interesting conversation on the Brazen Careerist website. One commenter interprets my advice as encouraging slackers and worries about the future of America's work ethic.
It's hard to argue because (1) I sort of agree and (2) the commenter tells me ...
Posted in Career | 8 Comments »
Thursday, March 20th, 2008
Should you save more or earn more?
This is a frequent money question. It’s also a misguided one.
When I hear this question, I say I want both. I need to earn more so that I can enjoy higher quality products. But for a given income level, I need to save more ...
Posted in Taxes, Career, Saving | 5 Comments »
Tuesday, March 18th, 2008
Every Tuesday is a Game Theory article at Mind Your Decisions.
Using game theory is like playing high stakes poker. You can predict the right moves, but you can still get burned by surprises. Game theorists often gamble more than just academic integrity and pride. In one very memorable lecture, my ...
Posted in Life, Game Theory | 11 Comments »
