“Economics of a Kickstarter Project”

Update on progress for the Daily Reader for Compulsive Debtors and Spenders: 208 days written!

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In an effort to dispel wishful thinking surrounding the romanticized notion of crowdfunding, I wanted to pass along an excellent article that takes you through the financial realities of a successful kickstarter campaign. Spoiler alert: it’s not the fluffy fairy tale it appears to be! Continue reading

Hallelujah! Talking to Your Kids About Money

Update on progress for the Daily Reader for Compulsive Debtors and Spenders: 190 days written!

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A new book just came out that encourages parents to rip away the cloak of secrecy around money. It’s called, “The Opposite of Spoiled,” by Ron Lieber, a columnist for the New York Times.

I’ve never really understood why money was such a taboo subject. But I suppose if I think about the shame I have suffered over my behavior with money, it is more understandable. However, I’ve seen many who were not addicts around money still keep tight-lipped, which makes it seem as if managing money is a mystical and mysterious skill. But the fact is that dealing with money is something we do nearly every day! If we don’t talk to our children about money in a personal way, how on earth are they expected to learn how to manage it when they grow up?
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