Here is some reading that I came across this past week that I found interesting.
How Target Figured Out A Teen Girl Was Pregnant Before Her Father Did: Kind of a scary article, but one that should wake you up to how much information stores can garner from your shopping habits. Stores are data mining your purchases so that they can predict what you might be buying in the near future and they can get the sale. These store cards do get you discounts, but you are probably providing the store a lot more information than you ever thought you were. Something to consider…
The Mobility Myth: Why everyone overestimates American equality of opportunity: An interesting read that takes aim at one of the fundamental beliefs most Americans have. Upward mobility is the American Dream and the ability to better your economic circumstances no matter where you begin is ingrained in the fabric of our society as a possibility for one and all. It is what makes us better than other countries, except it isn’t true:
The problem is, this isnâ€™t true. Most of Western Europe today is both more equal in incomes and more economically mobile than the United States. And it isnâ€™t just Western Europe. Countries as varied as Japan, New Zealand, Singapore, and Pakistan all have higher degrees of income mobility than we do. A nation that prides itself on its lack of class rigidity has, in short, become significantly more economically rigid than many other developed countries. How did our perception of ourselves end up so far out of sync with reality?
Getting Paid to Drive Electric: An interesting article on how electric car use might cost consumers might end up being paid for electricity the send back into the grid. While certainly interesting, there are still some fundamental problems such it still possible to save $25,000 in initial up front costs purchasing a high mileage gas car (which in the end will still make it a more financially sound move)
Top Executive Recruiters Agree There Are Only Three True Job Interview Questions: An interesting article on what rally matters to employers and what all job interview questions come back to:
1. Can you do the job?
2. Will you love the job?
3. Can we tolerate working with you?
For those that are looking for a bit more reading, here are some recent money related carnivals that highlight posts from many of the personal finance blogs around the Internet:
Festival of Frugality hosted at Paid Twice where the SavingAdvice article Four Important Reasons to Harp on Small Expenses was chosen as an editor’s pick.
Totally Money Carnival hosted by Family Money Values where the SavingAdvice article 100 Ways to Show Your Love for Free was picked as an editor’s choice article.
Carnival of Financial Planning hosted at 20s Finances.
Carnival of Financial Camaraderie hosted at My University Money.
Yakezie Carnival hosted at 101 Centavos.
Canadian Finance Carnival hosted at Canadian Finance Blog
(Photo courtesy of dizznbonn)