Economy

April 11, 2018 5:53 pm Update

A few weeks ago I searched the NY Comptroller Thomas P. DiNapoli website for unclaimed funds. 💸It found some. I filled out a form online, no notary required. Today I open my mailbox and there is check from New York State for $160.📬 That’s awesome.

Definitely go visit the New York Comptroller’s website and request your unclaimed funds. At least for my $160💰 there was no paperwork required. 📑100% online.💻

http://www.osc.state.ny.us/ouf/

Here’s What Americans Would Sacrifice for a 10% Pay Raise | Money

Here’s What Americans Would Sacrifice for a 10% Pay Raise | Money

A simple 10% raise to forfeit voting rights for life doesn't seem like that good of a deal. If you make $50,000 a year, that's only a $5,000 a year raise before taxes, or maybe $150,000 over a thirty-year career (again before taxes). A life time after all is a long time.

That said, I would be willing to forfeit my voting rights if it meant that government was better operated on the basis of scientific knowledge without emotion and ideology. Too often public policy is done at the whim of the mob and special interests, not based on reasoned discussion or what the science says is the best course of action. Cutting out democracy in favor of technocracy could lead to better outcomes for society.

Frugality

The Virtuous Life: Frugality

"Americans’ are saving their money at the lowest rate in 73 years-the lowest rate since the Great Depression. The national personal savings rate was negative (!) 1% in 2006. That means that as a whole, the country is spending more than it is taking in. With the economy on a downhill slide, Americans may start tightening their purse strings. But I predict that instead, people will simply start running up more credit card and loan debt. They have gotten used to a certain lifestyle, and feel entitled to continuing living it."