September 18, 2012
A Modest Solution to Your Financial Woes
Perhaps because our summer vacations are over and it’s time to increase our 401(k) contributions, Squared Away is on a jag about saving money.
Amitai Etzioni is one of the last old-school public intellectuals. He has done everything from writing 24 books to serving in the Carter White House and currently directs George Washington University’s Institute for Communitarian Policy Studies. But this video captures the wisdom of an 83-year-old man who taps deeply into the psychology of money in the 21st century.
Etzioni also wonders why, when he suggests his prescription to people, they “get angry with me.”
Since everyone is unique – and uniquely motivated – you may prefer a video that ran last week.
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Great, safe advice and it’s statistically significant!
Great video. Amatai Etzioni makes some great points. (And he looks like someone’s grandpa when he talks to us. Makes his points on modest living more poignant.)
I really like the fact that he clarifies what is important. First on his list, relationships!
Now that is the way I live.
Wish I had thought of this for my site.
I like it also. I waste money like crazy. It’s so easy to do. Yet, I always admired my late in-laws two bedroom condo on the golf course in Del Ray Beach, FL that they sold for $60K. I could be very happy there. I could get rid of all my stuff and just hang out, play golf, eat Sunday brunch, and travel. Doesn’t sound too bad.