Entries from May 2008

May 29, 2008

In praise of renting

Jon and I have reached that age: a lot of our friends are talking about buying property. And we seem to be the only ones arguing that it’s not such a good idea. Here’s why we think renting’s a better deal:
In New York, renting is cheaper. There are a variety of calculators around the web [...]

May 19, 2008

Why we’ve stopped tracking our spending

In January, Jon and I decided to start tracking our spending–all of it. Every $1 donation to a homeless person, every $2 cup of coffee, every 50 cent pack of gum. We did it through the end of April (well, to be honest we weren’t really all that careful in the last couple weeks of [...]

May 15, 2008

Upcoming expenses of $100 or more

For four months, Jon and I kept track of every penny we spent, and we confirmed something I’d suspected for a while. It’s not the little purchases that kill you–not the $2 cups of coffee, or even the occasional $10 lunch. It’s the unexpected expenses that cost $100 or more. If we can avoid those–delay buying [...]

May 10, 2008

Why not a $3,000 stimulus check?

I was thrilled to see $1,200 deposited in my bank account yesterday. Thank you, George W. Bush and the presidential candidates, for your totally political and probably ineffective economic stimulus package! Jon and I are saving our check for a trip to Europe this summer.
So could Congress have designed a more effective tax rebate program?
Last night, [...]