Want to Help A Beauty Pageant Winner Run a Charity Date Auction?
This is certainly one for the law of unintended consequences. I mentioned the idea of auctioning myself for a charity in my article on revenue equivalence to make the narration interesting. Well, lo and behold, this article has turned out to be interesting in a completely different way. The article is ...

Why We’re Not Designed to Follow Budgets–There’s More to Life
image source: Rubyran via flickr In many ways, following a budget is like adhering to a portion controlled diet. In both cases, you create elaborate plans to limit unhealthy consumption. If you mess up, as you are likely to do, you can compensate the next day or week by working ...

How to Deal with Bad Service—Be Reasonably Unreasonable
Being reasonable doesn’t work “And how will you be paying today?” the pizza cashier asked me. I hesitated before I answered. I was being asked to pay full price, even though the store caused a 30 minute delay by burning my original order. I didn’t exactly have time to spare because ...

Fast and Frugal Late Night Snacks
The consulting grind encouraged my night owl tendencies. When I retired to my quarters, I found myself snacking on delicious and fattening restaurant leftovers. I was new to the job, but I quickly understood the saying “fat consultant.” While I still work late at night, I’ve drastically improved my ...

The Basics of Managing Inflation Risk
What is inflation? Inflation refers to an increase in the average price level in the economy. One way economists measure inflation is by tracking the price of an “average basket” of goods in the economy. The most common inflation index is the Consumer Price Index. It’s important to remember that ...

The Dice Brain Teaser: A Technical Interview Question that Can Help You Solve Problems Better
Today’s puzzle is special. I like it even more than previous brain teasers I’ve discussed, like the monk problem and the hat puzzle. Like the others, this is a technical question sometimes asked during job interviews (hat tip: Reasonable Deviations). But unlike the others, this problem serves as an introduction to some ...

Thinking about the 401(k) Account: Should I Have One? How Much Should I Contribute? What are the Risks? Trying to Interpret the Experts
Planning for retirement raises a number of difficult questions. I'll admit that I often get confused coming up with answers. And I'm an economics graduate who started investing in high school and enjoys reading financial articles. I have sympathy for anyone that feels overwhelmed or confused by the ...

Three Ways to Protect Your Email Privacy Using Low-Tech Encryption (Caesar Cipher, Vigenère Cipher, Three-Pass Protocol)
Emails worry me I wrote half as many emails the day after meeting the company legal staff. I learned that emails are often discoverable in court, and it was rumored company email was being scanned. This whole episode annoyed me, because as a consultant, I enjoyed the convenience of email. But I ...

Line Etiquette Pays: How I Accidentally Saved Money at the Grocery Store
image source: Jimmy_Joe's via flickr Recently, the supermarket gods have rewarded me twice with free food. I would like to say I planned this, but it really came about by accident. It happened because I was practicing good etiquette, and I like to think that no good deed goes unrewarded. What are ...

Your Age by Diner & Restaurant Math–Why the Math Works
The trick Here's one of those fun math tricks I got in the email. Don't tell me your age; you probably would tell a falsehood anyway-but your waiter may know! YOUR AGE BY DINER & RESTAURANT MATH It takes less than a minute. Work this out as you read. Be sure you don't read ...