"Money doesn't buy class." ~ Kiana Tom
Nov 11, 2020
85 Stashed Ideas
A study found that people are more willing to donate when a charity appeals to the benefits the donors will receive than to altruism.
Researchers mailed postcards encouraging randomly assigned families to donate money to charity. The postcard either highlighted the benefits to others or the benefits to themselves. Those who received the postcard promoting self-benefits were 6.6 percent more likely to give and gave 23 percent more on average.
Many people do not effectively manage their debt but juggle multiple debts with different terms and interest rates.
The most effective way to pay off debt is to focus on the loans with the highest interest rates first. However, research shows that consumers who manage multiple debts prefer to reduce the total number of debts rather than reducing the total of their associated costs, even if they will pay more in the long run.
Some people think that gold has no intrinsic value and that gold's only worth is as a material to make jewellery. Others assert that gold is an asset with various intrinsic qualities that make it unique for investors to gather in their portfolios.
Most of us believe if we earned a bit more money, we'd have more free money to give. But the wealthier people get, the more expenses they accumulate, meaning there is not that much "spare" income.
The result is that we often pass the buck, thinking that the wealthier people, or our future, richer selves, will have the capacity to give.
Creative artists, in dance, art or music are often commercialized to the hilt. Some argue that the purity of creations is tainted if the end goal is to amass many followers or to earn lots of money. Art, according to them, should just be for art’s sake.
The truth is somewhere in the middle, and one can take note of the myths about being creative, to avoid being a ‘starving artist’ for life.
We've all seen the "Hi, I'm a Mac, and I'm a PC" commercials by Apple and the response by Microsoft, "I'm a PC."
Apple has been mocking Microsoft for years. But lately, Microsoft has fought back, for example, Microsoft's Zune ads, which bashed the iTunes model.
It is possible to make a budget work while still saving enough to retire. It starts with learning to change your habits so you can put money aside.
It is not that easy to make any sort of real, lasting change in your habits. You will have a few setbacks, and that's ok.