I was asked this question today, and found it intriguing to think about.
"If you were given $100,000, tax free, how much of it would you spend each year? And why?"
They gave the following choices:
So.... what would be your choice, and why?
Heard it today on Planet Money, and I thought it was thought-provoking.
The question is: If you could choose, would you rather have an income of $70,000/year now (and PM defines this as a middle-class income, so adjust based on where you live) or make the same amount of money per year, but...
Ok, just for fun - I'm going to throw out a hypothetical senerio - we'll call it "What Would Dave Do..."
First, if I've followed Dave's plan exactly - I have $1000. in an emergency fund. I'm snowballing debt. I only have $100 left on one small debt.
My car dies. The transmission goes out and...
i know of a woman on the run from a dangerous abusive husband. she is in hiding with the help of a lawyer, a social worker, police, and a shelter. he is so dangerous that he has done prison time. apparently mr charming is out of prison now and out to find her. she has contacted police and all...
I was watching the news last night, they were saying that Air Canada just announced 2000 layoffs as well as route cancellations. They are citing gas prices as the reason. Now, the reporter said an interesting thing. Air travel is reverting back to what it once was, that is, too expensive for the...