Tag Archives: spending

Why I Spent $2,000 on an Airplane Ticket

I made the single biggest purchase of my life last week. After fuel charges and 12 other airline taxes I spent $2,000 on a round-trip airline ticket from Tokyo to Chicago for the 2 weeks in August. Is it an outrageous price? You bet, but as I’ll try to justify to my readers (and myself), the ticket [...]

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Why You Shouldn’t Save Money Like a Young Chinese Woman

“[Chinese women] under 32 have an effective savings rate of zero.” This quote comes from an article from Financial Times (via Jezebel) highlighting the 21st century yue guang zu or “spend-all-your-salary clan” women of China. These twenty-something, working-class women are spending the bulk of their monthly paychecks on glamorous items like clothes, jewelry, expensive restaurants, [...]

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