Sunday Reading – Money Stories Worth A Look

Financial wake-up call The $200 Billion Rip-Off: Our broadband future was stolen: “This is part three of my explanation of how America went from having the fastest and cheapest Internet service in the world to what we have today — not very fast, not very cheap Internet service that is hurting our ability to compete economically with the rest of the world…this week’s final part explains that this all came about because Americans were deceived and defrauded by many of their telephone companies to the tune of $200 billion — money that was supposed to have gone to pay for a broadband future we don’t — and never will — have.”

Walk Score: You enter a street address and zip code and it calculates how walkable the community is on a scale of 1-100 while providing you with a list of nearby stores, restaurants, schools, bars, movie theaters, and so on. This is a great tool for anyone who is moving and would like to relocate to a neighborhood where they won’t have to rely on their car so much. Living in a highly walkable community can decrease stress on multiple levels by saving money on gas and car expenses, allowing you to get more exercise without even trying, and keeping you out of traffic and parking hassles.

Beautiful People Earn More Money Than The Less Attractive: “Researchers investigating whether there is a beauty premium to be had in the workplace have found that those they deemed the most attractive make 12 per cent more money than those regarded as less goodlooking. Average Joes and Joans have little to smile about either, with the moderately attractive taking home seven per cent less in earnings than the prettiest people.”

It doesn’t pay to be smart: “If you’re so smart, why aren’t you rich? Although money and mental muscles may seem a natural match, brains, alas, may be more hindrance than help when it comes to getting rich, concludes a new study in the journal Intelligence.”

Personal MBA: “If you read these books, you won’t have corporate recruiters beating down your door, and you won’t have a pretty certificate to hang on your wall when you’re done. You will, however, have an understanding of business that’s comparable to completing a traditional business school curriculum, along with the pleasures of not having to mortgage your life for that understanding. You do not need a certificate to be able to understand, use, and hold an intelligent conversation about advanced business topics.”

And for those who need some more reading, carnivals from the past week:

  • Capitalists
  • Frugality
  • This entry was posted in X Files. Bookmark the permalink.

    Leave a Reply

    Your email address will not be published. Required fields are marked *