Most “retire with one million dollars” articles focus on slow and steady savings over the course of decades. That works of course, and saving regularly is a great habit to get in no matter how much money you have. But if you’re young enough, with some concerted effort you can save for only ONE year, [...]
NOTE: The reader-submitted question of the day will begin tomorrow morning. Should Parents Bail Out Their Kids? That is the title of Liz Pulliam Weston’s article over on MSN Money. I can’t remember a time when I ever “bailed out” financially by my parents. Sure, they helped me from time-to-time and my wife’s parents helped [...]
I am sitting at my desk at work right now, clearly not engaged in productive activity for my employer. I don’t have any pressing deadlines, but there are certainly customers I could be calling, things I could be processing ahead of time, and skills I could be learning that would help me do my job [...]
It’s overwhelming (and a little bit scary) when you think about the sheer volume of dollars a young person today needs to accumulate to maintain our current standard of living all the way through retirement (especially considering we’ll all probably live to be at least 125 by then – which I actually read in Time a year or so ago).
The message that you can and should be wildly passionate about and totally fulfilled by your career can unintentionally promote impatience, entitlement, poor work ethic, chronic dissatisfaction, frustration, and even depression. Plus it causes huge amounts of stress.
Ben’s basic message is that “while almost everyone I know went to college, very few learned how to actually work — i.e., how to give an honest day’s labor for a paycheck.”
My first impression of Gen Y after reading Attracting the Twentysomething Worker in Fortune, is that they are bit pompous and arrogant. Now I realize that not all Gen Yers are like this. That’s just the impression I got from reading the article. In fact, the cover of this particular issue of Fortune has a [...]