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  • Investing isn't just about money

    Posted Mar 21 2008, 06:06 AM by Karen Datko Rating:

    This post comes from Trent Hamm at partner blog The Simple Dollar.

    When I first sat down to write the "Investing in yourself" series, I was thinking mostly about financial investments -- how you can invest money in yourself in order to increase your earning potential. What the series actually pointed out to me is that investments take on a lot of forms, and you can often transform one type of investment into another.

    For example, take The Simple Dollar. For me, it's a money investment (hosting fees), a time investment, an intellectual investment and a bit of an emotional investment, too. What do I get out of it? I reap some financial rewards, increased knowledge and understanding (as a result of the research), improved writing skills, a network of acquaintances, and the wonderful feeling one gets from helping someone.

    Is it enough reward for the time investment? I believe it is, but it's probably not an exchange everyone would see value in.

    There are lots of ways to invest in something.   Read More...

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  • The costs of having children

    Posted Mar 14 2008, 06:20 AM by Karen Datko Rating:

    This post is from Trent Hamm at partner blog The Simple Dollar.

    Recently, I had coffee with an old friend who was torn over the decision to have a child. His spouse wants a child, as do his parents, but he doesn't feel ready to take that leap.

    I told him I thought he should stick to his guns on the subject, and he looked at me with a mix of shock and relief. He was sure I was going to try to talk him into having a child, given the value I've found in being a parent.

    But I made it very clear to him that there are a lot of deep costs to being a parent, and you need to be fully sure of your choice before stepping up to the plate.   Read More...

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