Most of what I’ve learned about personal finance, I’ve learned by reading either blogs or books. Every week, I tell you about what I’m reading in the blogosphere, but I thought now would be a good time to talk about some of the personal finance books that have gotten me to where I am today. I hope to review all of these individually and in detail over time, but for now, here is a list. These are all timeless books that I would recommend to anyone looking to learn more about personal finance.
We’re all guilty of thinking about it sometimes. The classic scenario is the employee who can choose to either get paid for overtime worked or bank his or her overtime to be taken as time off later. It launches the classic argument – what is the value of time? Does it have a monetary value? Is time worth more than money? Every person will answer this question differently based on their personality, their priorities and their attitudes.
This is the first in a series of posts I’m going to entitle You Are What You Eat. In the case of microwave popcorn, you’re both broke and unhealthy. But wait, isn’t microwave popcorn supposed to be the cheap, healthy alternative to traditional snack foods? Well, in fact, popcorn can be a cheap, healthy alternative to traditional snack food – if you buy a bag of popping corn and pop it yourself.
Let’s look at the economics of consumer popcorn first. I went to two of my local grocery stores (one a big chain store, the other an independent store) to survey the prices of microwave popcorn and bags of popping corn, both organic and non-organic varieties. I used the cheaper price of the two stores to compile the table below.