This article by the New York Times explains why ‘consumption’ not ‘income’ is the best indicator of wealth. The article explains that the top fifth makes 15 times more income than the bottom fifth. But when compared using consumption as the criteria of wealth the upper rich only consume four times that of [...]
Saving money and time is a big part of frugal living. These free phone services will save both time and money. Regular 411 calls are now $1.00 to $2.00 a pop. And calling a friend to find a phone number can be a pain. Take some time and program these numbers [...]
Some of the richest people in the world drive very average cars. How average? So average you would never crank your head around to get a second look. In fact, some of these cars would be classified as old, unflattering, and beat up. What can these cars of billionaires teach us [...]