Do you need to tip a house painter?

When it is time to repaint, is it good etiquette to tip a house painter? Some people are more prone to tip, while others feel the base price should suffice for the work. Which is correct? A lot depends on the context of the work being done. Are you hiring on behalf of your boss? … Read more

4 Things Gaming Taught Me About Money

gaming taught me

One way I learned about personal finance and business is online gaming. I know it seems farfetched, but it’s been eye opening. Here are four things gaming taught me about money. Work For It The first lesson I learned about money is that you have to work for it. You may start with nothing, but … Read more

Why is spend-down philanthropy increasingly popular?

spend-down philanthropy

Why is spend-down philanthropy increasingly popular? Before we answer the question, let’s define our terms. There are two basic types of charitable organizations and philanthropic concerns. One type is an open-ended, perpetually funded (or perpetually in need of funding) organization. The other is a type of foundation or organization that has funding but must spend … Read more

Reasons Why Labor Creates Wealth

why labor creates wealth

  Many have studied the reasons why labor creates wealth. There are many economic theories–some in vogue, some not–that address this issue. Karl Marx And The Value Of Labor Karl Marx and other economic theorists including Adam Smith and David Ricardo believed in something known as the labor theory of value, which Investopedia describes as … Read more

The Benefits of NOT Having a Smartphone

Benefits of not having a smartphone

  What are the benefits of not having a Smartphone? According to a 2015 article posted by the Pew Research Center, as of 2015 some 64% of American adults “owned a smartphone of some kind, up from 35% in the spring of 2011”. A more recent Pew Report is even more telling; a “vast majority” … Read more