Put Your Money Where Your Mouth Is

I am a huge advocate for living a life with passion. Heck, if you aren’t passionate about something, why do it? Why just ‘go through the motions’ in life? When you are passionate and enthusiastic about all that you do, it shows and everyone involved gets more out of the deal. This semester, I’m teaching …

Day #351: What is a Ponzi Scheme?

I just read an interesting article that addressed the question of whether or not the U.S. Social Security system is simply an elaborate Ponzi scheme.  It’s an interesting proposition if you think about it.  You see, a Ponzi scheme (named after Charles Ponzi, a notorious scam artist in the early 1920s) is a fraudulent investment …

Day #345: The Value of Finance

One of the biggest things that I try to get my students to understand is the value of the financial concepts I teach — beyond the grades that they earn in my course.  If you look at the people who have been victimized through financial swindles or simply made poor financial choices, much of their …

Day #323: The Backstory

It’s no secret that I am a pretty big sports fan.  The thing is, except for my beloved Blazers and Tigers, I rarely watch an entire game.  I often get distracted at some point and start ‘Googling’ the players.  For example, I was watching the Mavericks/Thunder game and my mind started to drift . . …

Day #295: Racial Bias and Financial Decisions

I generally don’t talk about race matters, but I do have opinions and am willing to share them if asked.  That’s exactly what happened last week when the good folks at ABC News came calling.  There is a new psychological study where researchers from NYU have found that people tend to find individuals who share …

Day #292: Suck it Up!

So many people have trouble mustering up the strength to go to work at times.  Sometimes, they fail to find the strength at all and call in sick or take other compensated time off.  I have the opposite problem.

Day #266: What is Your Comparative Advantage?

Today I had the good fortune of seeing our women’s basketball team win a national championship.  OK, it wasn’t THE national championship, but it was a championship nonetheless.  I am embarrassed to admit that it was the first women’s game I’ve attended.  I have met the coach on several occasions and had promised her that …