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Inspired by this post from Mr. Money Mustache, the wife and I sat down to figure out how we could teach our children about money. At ages 7 and 9, we wanted to encourage saving and investing over consumerism and profligate spending. Over a series of sit down discussions with the kids, we were able to cover some basics and …
Uber, the ride-sharing colossus, was recently highlighted in a New York Times article that left them looking like a diabolical Bond villain. Whether you regard Uber as a brilliant tech disrupter of the complacent taxi monopoly or an opportunistic lord abusing a new class of serfs, the provocatively titled article, “How Uber Uses Psychological Tricks to Push Its’ Drivers’ Buttons,” …
Photo excerpted from my daughter’s recent 3rd grade Social Studies test: Q: Why do you think that some people are better at managing money than others? A: Some people might want to retire earlier but have enough money for them to be happy so they spend less money. That’s my girl!
I was fortunate to live in the San Francisco Bay Area in the 1990s. As a product of Stanford and UCSF, and later an intern at Santa Clara Valley Medical Center, I was a witness to the dot com revolution (and the subsequent dot com bubble) that swept the nation. Revenge of the NerdsOn the Stanford campus, the Yahoo guys …
My wife was fulfilling her filial obligations last weekend by helping out her folks, which left me in the enviable position of heading up daddy day care for 24 hours. Because my wife is able to adapt her work schedule to the hours when the kids are out of the house, she is the logistician who keeps the household from …
A thoroughly enjoyable post from Eat the Financial Elephant recently introduced me to the concept of the Dirtbag Millionaire. This is a rare hybrid of two usually distinct personality types: the “dirtbag” being a necessarily frugal lover of the outdoors who maximizes time spent on passion pursuits (ski bum, river guide, etc) while working the bare minimum to survive, often …
My wife and I had kids in our late thirties/early forties. The pros: we were more financially secure than the fresh college grads we met at preschool drop off. The cons: we’d had incredibly fun lives involving international travel, intellectual conversations with stimulating adult friends, and enjoying things entirely on our terms, so we had a sense of what we …
There’s an epidemic in the U.S. that jeopardizes the future of our children more than obesity; is more toxic than the drinking water in Flint, Michigan; grows more insidiously than cancer. I witness countless patients suffering the consequences.of this epidemic daily, and it has even claimed several of my own family members. It is an epidemic lack of insight. It …
As I sit here cleaning saliva from my ear, I begin to doubt the wisdom of teaching a first grader (however precocious) how to give a wet willie.
As an emergency medicine resident at UCLA, I was always intrigued by the Man in the Lime Green Suit (MLGS). A retired physician in his 80s, MLGS spent his days circulating among resident teaching conferences at several different academic hospitals, always elegantly appointed in the clothes that time forgot. There were endearing moments (the time he leaned over during a …