Posted on April 20, 2006 9 Comments
1. It is entirely possible to look great in clearance clothing, even for business purposes. Yesterday I received three complients from random strangers in the airport on my (somewhat) new discounted suit. I bought it at Marshall Field’s during the annual suit sale this winter for $199, which was more than $100 off the original price. Don’t be fooled into thinking you have to pay full price for businesswear to make an impact. Just make sure it fits.
2. Went to Border’s last week to “preview” Suze Ormon’s “Young, Fabulous and Broke.” I think I need to make a clear deliniation on what I expect to use my savings for, because short-term goals and long-term goals don’t necessarily work for the same investment types. Suze’s rule of thumb is to use money markets and CDs for “savings” – purchases you intend to make in three to five years (i.e. a downpayment for me) – and invest in stocks, bonds, mutual funds, etc. for longer term “investment” goals, like retirement, your children’s education, etc. (Mainly due to cycles of the market.) I did not know that about short-term vs. long-term savings.
3. I got a promotion at my job! Yahoo!