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Best Buys

Sanjib Saha  |  Jun 22, 2021

MY SPRING CLEANING this year was less eventful than last year’s, except I found my fanny pack. I bought it in the early 1990s but misplaced it some years ago. It was so handy for air travel, especially international trips, that I ignored all fashion worries.
I forgot what I paid for the fanny pack, but it was certainly one of my best buys. Frankly, only a few such purchases stand out. Here’s my list of half-a-dozen similar items.

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Keeping Up

Rob Carrigg, Jr.  |  Jun 16, 2021

I’VE WORKED AS a financial advisor for 25 years and yet I’m still struck by how many people fall for one of the oldest cons in the book: keeping up with the Joneses.
Being ostentatious is no longer seen as déclassé, at least in America. Instead, it’s a requirement for reality TV, the currency of Instagram Influencers and a proxy for achievement on Facebook. Why be rich when we can appear rich?
We’re hardwired to act this way.

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What do other people spend too much money on?

Jonathan Clements  |  Jun 6, 2021

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What do you spend too much money on?

Jonathan Clements  |  Jun 6, 2021

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What’s your most prized possession?

Jonathan Clements  |  Jun 6, 2021

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What items would you happily buy even if they were twice the price?

Jonathan Clements  |  May 14, 2021

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Going to the Top

Andrew Forsythe  |  Apr 29, 2021

WE INCREASINGLY DO business with gigantic impersonal companies: banks, insurers, credit card issuers, cable and phone companies, utilities, and huge retailers like Amazon, Home Depot and Walmart. Often, we deal with them at a distance—by phone, mail, and especially online or via email.
When disputes or problems arise, we’re typically forced to contact their so-called customer service departments, which are often sorely lacking in service. Even before getting to a human, we have to run the gauntlet of an annoying robot,

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Where do you see signs of inflation?

Jonathan Clements  |  Apr 18, 2021

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The Art of Spending

Sanjib Saha  |  Apr 17, 2021

I GREW UP IN a middle-class family in Kolkata, India. Like most folks, my relationship with money was shaped by my parents’ financial habits. They were on different sides of the saver-spender continuum. My homemaking mother strove to live beneath our family’s means and never seemed to feel deprived. By contrast, my father—even with a modest salary from his government job—was focused on the art of spending.
At my mother’s insistence, my father bought most of our household supplies from wholesalers and cooperative stores,

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Wooden Spoons

Jim Wasserman  |  Apr 16, 2021

WE ARE STARTING from scratch. After living in Spain for three years, Jiab and I have returned to Dallas to be closer to family. We still have a home here, but—when we left three years ago—we sold all our furniture, cars and many other possessions to reduce storage costs. Now we have to reacquire those things that make living possible.
Fortunately, Jiab and I share a similar outlook as we reaccumulate. That outlook is inspired by Thorstein Veblen,

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When have you insisted on paying the lowest cost possible—and regretted it?

Jonathan Clements  |  Apr 4, 2021

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What everyday purchase do you consider most overpriced?

Jonathan Clements  |  Apr 4, 2021

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What costs are you most loath to pay?

Jonathan Clements  |  Apr 4, 2021

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Should folks create and follow a written budget?

Jonathan Clements  |  Mar 31, 2021

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What everyday purchase do you consider a bargain?

Jonathan Clements  |  Mar 26, 2021

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