If you're new here, you may want to learn what this site is about. I encourage you to subscribe to my RSS feed. Thanks for visiting!
Every day after work for the past few weeks, I’ve been watching a single episode of Star Trek on DVD. It’s great fun to relive these old shows (which were a huge part of my childhood). But they never talk about money! Fortunately, I have a tendency to browse the web, where everyone talks about money. For example:
On Monday I shared links to some payroll calculators — U.S. payroll calculators. In the comments, Jillian pointed to a Canadian payroll deduction calculator provided by the Canada Revenue Agency. (Please feel free to send me non-American equivalents anytime I write about something U.S.-centric.)
Matildaben sent me a great thread at AskMetafilter: My mother-in-law thinks we’re cheap!. What happens when you drag yourself up from poverty to a middle-class existence, but your family stays behind? How do different people perceive wealth? What obligation do we have to help family members (or friends) in need? What about those who aren’t in need but want financial help anyhow? “Fascinating,” as Mr. Spock would say.
Finally, on Sunday The New York Times magazine (which I wish could be purchased on its own) featured a long article entitled Handmade 2.0, which explored how the web is helping to boost a resurgence in hand-made crafts: knitting, painting, woodworking, and more. This long piece examines the promise and pitfalls of small-scale entrepreneurship:
Many of the artist-entrepreneurs opening up their virtual shops on Etsy want [to make] a living from what they love to do. It’s a goal that reconciles ideology and self-branding, not so much to change the world as to stake out a place in it.
Live long and prosper!



December 19th, 2007 at 8:13 pm
J.D., the world wants to know … briefs or boxers? Oh whoops, that’s not what I meant … The Original Star Trek or Next Gen????
December 19th, 2007 at 9:51 pm
When I was in university, I remember insisting that anyone with a household income of more than $50k was rich. That’s about $65k now. It doesn’t seem like much money at all. However, housing prices have gone crazy and I was coming from a milltown where single incomes and SAHMs were the norm.
December 19th, 2007 at 10:39 pm
I remember a couple times in The Next Generation where they said that their Federation society had evolved past money, or something like that. I don’t think they ever tackled money explicitly in the original series. I always assumed Roddenberry was hinting that they were communist, but didn’t think it was “safe” to say that explicitly until the 90s.
December 19th, 2007 at 10:51 pm
They solved the money thing before the Next Gen! Remember, In the Episode with Frank Gorshim as the Half Black and Half White guy they talk about how silly the two are because they solved racism, hunger and POVERTY hours ago. Then built a bitchin’ ship…
December 20th, 2007 at 1:55 am
I always thought it was very intriguing (dammnit, can’t spell that) that they apparently lived without money - i wanted them to examine that more, how on earth did it all work? And for all their comments that they were a ‘better’ species, individually they were just as flaw-ridden and impulsive as we all are now. How does that come together to make a ‘better’ whole? But i digress.
Off to read the articles you linked to…
December 20th, 2007 at 7:11 am
Re: MIL thinks we’re rich…
Some of the responses are classic. “Show her your expenses to prove you don’t have much money left over at the end of the month.” Hilarious!
My wife and I are in a situation where we help out MIL with rent. Can we afford it? Yeah, but I could find better uses for the money. However, the one gotcha has been that we require her to “pay” her portion of the rent as soon as the disability check arrives and then my wife writes the rent check from an account that my wife controls. This has insured that the rent is paid every month and also provides a little reminder to my MIL about her ineptitude with money.
That hasn’t stopped MIL from completely forgetting the fact that her children subsidize her rent and waxing-on about how she hasn’t missed paying any bills, etc.
The chronically poor (those who are poor by choice, as I like to put it) do not appreciate the money you give to them. It may solve their current problem and they may thank you profusely, but the gratitude wears off fast when the next crisis arrives. They show up with hat-in-hand and quickly get indignant when you say “no”.
With MIL on disability, helping her out financially has been handled on a case-by-case basis. My more able-bodied relatives have been hearing “No” for years. The amazing part is that they get over it and they stop asking. Once you are no longer an easy mark they give up.
December 20th, 2007 at 7:24 am
MIL thinks we’re rich…
“Some of the responses are classic. “Show her your expenses to prove you don’t have much money left over at the end of the month.” ”
Yeah, I didn’t agree with that response. Presumably they are putting a chunk of their money away in savings every month (401(k), ROTH, 529), which given that the MIL is not financially savvy, she would likely not understand. One poster says that she shows her budget and financial records to her 18 year old foster child to teach him about financial responsibility. However, it’s much harder to change the spending patterns and poverty mentality of a 50-60 year old woman.
December 20th, 2007 at 8:33 am
RE MIL Thinks we’re rich.
Tough situation. But in this scenario, you can’t give an inch. Read the book about giving a mouse a cookie…
Bottom line, they did the right thing giving her things that she can really use (and not cash). If she really is as materialistic as they say, there’s no way they will be shunned because they already provide so much. And if she does shun them, then maybe there’s other narcissistic tendencies going on here.
If it were me, I’d try hard to set the boundaries. Otherwise, every time you see her, she will be trying to push the limit. I’m kind of tough with my parents, but I would spend less on them the more they asked. That’s just me.
December 20th, 2007 at 8:48 am
I read the article in the NYTimes about etsy and had a mixed response–I love etsy and so was glad to see it had such a nice background story. At the same time, I’ve watched esty get bigger and bigger and worry that it will soon be like ebay — someplace I don’t really have fun going because there’s just too much.
December 20th, 2007 at 6:15 pm
Star Trek = “From each according to his abilities - To each according to his needs.” It is a beautiful system - beyond money. Pure and simple.
December 23rd, 2007 at 4:23 am
wow, even i wouldn’t spend 300 on a coat.
December 26th, 2007 at 12:38 pm
There’s a fun negotiation scene between a traveling salesman and a shop owner in “The Trouble With Tribbles,” which I happened to catch recently.
Monetary amounts in the Federation at that time is apparently designated non-specifically “credits.” The salesman wanted 10 credits per tribble… and as any Star Trek fan probably knows, if you want two tribbles or more, just buy one and wait.