Good morning, money nerds. It’s Tuesday. As always, Jim and I have some top money stories to share with you. Let’s jump right in!
What’s not to love about a potluck? [Frugalwoods] — “What’s not to love about a potluck? You make food, other people make food, you bring that food together and then you eat! Potlucks are a bedrock of frugal living, of community-centered living, of family-oriented living, of social living, and of living for people who like to eat. How could something so inherently frugal – so inherently about food – not be talked about on Frugalwoods until now? We cite the oversight and seek to remedy.”
Why don’t women self-promote as much as men? [Harvard Business Review] — “Since self-promotion is a pervasive part of work, those of us who do more self-promotion may have better chances of being hired, being promoted, and getting a raise or a bonus. As researchers interested in gender gaps in earnings, negotiations, and firm leadership, we wondered whether gender differences in self-promotion also exist and might contribute to those gaps. We found a large gender gap in self-promotion — with men rating their performance 33% higher than equally performing women.”
How Reese Witherspoon took charge of her career and changed Hollywood. [Hollywood Reporter] — “Tired of dreadful scripts and degrading magazine spreads, the Oscar-winning actress, producer, entrepreneur and activist built an empire on her own taste and work ethic. Now she plots projects all over Hollywood and responds to critics of her paychecks.” True story: I’ve been a Reese Witherspoon fan since I saw her in 1993’s “A Far Off Place”. She was just a kid then, but I thought she was amazing. I especially liked her as the hilarious Tracy Flick in “Election”.
Sixteen going on sixty-six: A longitudinal study of personality stability and change across fifty years. [Journal of Personality and Psychology] — “How much do people’s personalities change or remain stable from high-school to retirement? To address these questions, we used a large US sample (N = 1,795) that assessed people’s personality traits in adolescence and 50 years later…Our findings suggest that personality has a stable component across the lifespan, both at the trait level and at the profile level, and that personality is also malleable and people mature as they age.”
To wrap things up, here’s Chelsea at The Financial Diet interviewing therapist Kati Morton about money, emotions, self-esteem, and self-control.
Wow. That’s a lot of great stuff — plenty for one day. I’ll save everything else for tomorrow. See you then!