Robert Accettura's Fun With Wordage » money

Evil And Competitiveness

Robert — Tue, 13 Apr 2010 00:48:05 +0000

People say that money is the root of all evil, but I think that evil is rooted in competitiveness, and money is just the yardstick.

The whole thing is worth a read, but that sentence just stuck me.

What Is Money?

Robert — Sun, 28 Sep 2008 02:12:38 +0000

Here’s an amusing video from 1947 titled “What is Money?” Considering the economy right now, not a bad one to watch.

[Hat tip: The Consumerist]

There’s No Such Thing As A Free Lunch

Robert — Sat, 09 Feb 2008 19:55:24 +0000

Many think that tax rebates they will soon receive thanks to the economic stimulus package recently passed is “free money”. Reality is that unless you made less than $3,000 or suddenly have a change in income between now and next year, that’s likely not the case. As this MSN Money article puts it:

Remember, this is your money you’re getting back, and the rebate checks are basically an advance on your 2009 refund.

I wonder if this misconception of free cash causes more reckless spending.

That said it is possible to make a few dollars if it’s invested well as you’ll collect a nearly a full year’s interest on money the government would have otherwise been collecting interest on. So in reality, the free money is only the interest you “make” on it if you invested it well.