In high school, I fantasized about being a big-city businesswoman who made trailblazing decisions during the day, gourmet meals at her beautiful country-suburban home at night and furniture in her backyard studio on the weekends. My creativity was highly-valued and…Read More
Independence is a cornerstone of the American ethos. Its essence—separate, self-directed, unaided, flourishing success—seeps from the storied founding we celebrate on the Fourth of July to the self-reliant, bootstrapping moral imperative demanded of its citizens. This independence is a legend I overvalued for…Read More
The three largest expenses for most Americans are housing, transportation and food.
In addition to detailing how average and median households spend in these three areas, the BLS’s Consumer Expenditure report (CE) groups US household into groups by income deciles (10 equal intervals, from lowest…Read More
In the US, we view money as a good you can never have too much of. More is always better. More than currency, it is a measuring stick for freedom, choice, opportunity and the future—which makes it hard for many to settle on a number to describe “enough.”
In 2010, economists Daniel Kahneman and Angus…Read More
As far back as I can remember, a sustainable, autonomous life was always what I envisioned for myself.
My mother lost her parents and all four grandparents between the ages of 9 and 11. Fearing an early death of her own, she made sure I knew by…Read More