Daily Links: Nice Work If You Can Get It Print
Friday, 29th August 2008 (by J.D.)This article is about Spare Change
I met with my accountant today to review the Get Rich Slowly business finances. Things are going well, but there are lots of little details that I need to work on. I’m a writer, not a bookkeeper, so some of this stuff is like Greek to me. I’m fortunate to have an accountant I trust. (”I trust him more than I trust myself,” I told somebody yesterday.) I feel like he’s looking out for my best interests.
Though I may not be good with QuickBooks, I know good personal finance stories when I see them. Here are some I’ve enjoyed recently:
In our recent discussion about how to win the lottery, commenter Starving Artist pointed to an old episode of the NPR program This American Life. In “Nice Work If You Can Get It“, we hear several stories of sudden fame, quick riches, and the downside of the dream job. The show covers NASA astronauts, the “PC Guy” from the Macintosh commercials, and the horrible life of lottery winners, the majority of whom wish they’d never won. This is great stuff.
The Mighty Bargain Hunter urges his readers to feverishly pursue their financial goals. “It’s in the good times that we might do well to save with more urgency,” he writes, and I agree. The best way to cope with an emergency is to prepare in advance. Set financial goals and work toward them. Knowing why you’re earning money makes doing the right thing easier.
Next, Evil Mad Scientist Laboratories has a peek a the monetary density of things. This is pure silliness, but I like it.
Several readers sent me a recent Slate article from Farhad Manjoo. Last week, I pointed to Manjoo’s piece on how to save money on printer supplies. This time he shares how to get an unbelievable, amazing, fantastic, thrilling deal on new eyeglasses. The secret? Buy them online.
Finally, The Art of Manliness offered the first of three-part series on “man killers” by looking at the dark side of money. Greed, jealousy, and lifestyle inflation can all drive a person to financial ruin. Instead, we should be careful, be generous, and be thankful.

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August 29th, 2008 at 9:53 pm
LOL @ the chart. gold is more valuable than diamond? I bet not Tiffany’s diamond:)
http://orange4money.blogspot.com/
August 29th, 2008 at 10:34 pm
I love the chart! I think that it will now lead me to refer to precious objects as “worth their weight in LZR swimsuits.” Do they insure these suits individually? Man…
Jerry
August 29th, 2008 at 10:58 pm
Folks…I have a bit of a dilemma on my hands. I’m trying to decide on what to do with the $6500 my wife and I have in our emergency fund. Specifically, I’m trying to decide which makes more sense: paying off the $5500 line of credit and going back to building up the emergency fund, or continuing to build the emergency fund until March 2008, when we anticipate a tax refund of about $5000, which will be used to pay off the line of credit.
HELP!!!
August 30th, 2008 at 5:06 am
@chima, not really sure how it works in the states. But can find a financial adviser that can be handy. When it comes to personal financial problems I always rely on the experts. I had a similar problem in opening an online saving account which would have landed me in a big problem. Speak to someone professional.
Cheers
August 30th, 2008 at 5:57 am
The story on TAL about lottery winners shows NOT that the lottery ruins many lives, but that the lack of an education about personal finance ruins lives. I’m pretty sure that having an extra $35,000/year would be a “burden” I could handle.
August 30th, 2008 at 8:09 am
I bought some glasses from Zenni Optical about a year ago. I got my exam at Sam’s Club, and they were willing to measure my pupilariy distance and everything. I tried on some frames there too, to see what length of stems I needed.
I bought a $12 pair first with anti-glare and the thinner lenses. They fit just right and looked good so I bought an $8 backup pair the next week.
Besides the money saved, I hate having the fitting person so close to my face and telling me what I’m going to look good in. I’ll be buying online only from now on.
August 30th, 2008 at 1:48 pm
As a business owner, I’d be interested in hearing what your accountant had to say. I was disappointed that you veered off from where you started this article! (Not that it wasn’t a great article, of course.)
August 31st, 2008 at 1:01 pm
The same applies for contacts. I doubt you’ll save the hundreds of dollars you would on glasses, but you can still get a pretty nice discount.