The Power of Giving With No Strings Attached

In this blog I mainly write about topics related to saving, making and spending money. But I don’t write often enough about giving away money. Especially to people less fortunate than most. This was highlighted to me recently when I was at a downtown 7-Eleven where a number of people …

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The Best Places to Live in The World

I moved to the states over five years ago to pursue my graduate degree and for better career opportunities. Before this I was in Australia. Looks like I probably should have stayed where I was according to the latest OECD survey, which ranks Australia as the happiest industrialized nation based …

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Chelsea Clinton’s $2 Million Wedding – Extravagant or Expected? Plus Other Good Reads

Chelsea Clinton Wedding Pictures
I promise to spend as much as Chelsea wants!

I remember getting married many years ago and was stunned by how much one night of dinner, drinks and dancing with 100 of your closest friends and family could cost. Fortunately my parents helped with paying for the wedding, and even thought it was a relatively modest affair it would still cover many a college education. However my wedding costs would be chump change compared to those being reported for Chelsea Clinton’s upcoming nuptials. I realize off course she is the daughter of arguably the most powerful and influential couple in the world, but still $2 million for a small wedding by celebrity standards is pretty astounding. Here’s how the costs breakdown according to ABC news:

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A $630,000 Luxury Car and 2000 Buyers – The Rich are Back and Spending

Porsche 918 Spyder Concept

Demand for luxury cars is returning around the world and especially in Wall Street as firms add jobs for the first time in two years and offer guaranteed payouts to attract top bankers. The return of big pay checks and even bigger bonuses (up 17 percent to $123,000 last year) has fueled demand for a raft of new, very fast, very cool and very expensive cars which are ordered off manufacturer lots before they have been made. For example the new Porsche 918 Spyder hybrid, which soars to 100 miles in less than 5 seconds, starts at $630,000. The car has a seven-speed transmission and electric power flows from a liquid-cooled lithium-ion battery (that just sounds cool!) At least 2,000 individuals have put in non-binding expressions of interest for the car, which is still in the pre-production phase. That is a whopping $ 1.3 billion of projected sales for cars that cost more than most people’s homes.  Lamborghini SpA another luxury car maker introduced the Reventon Roadster supercar (pictured below) which goes for a cool  $1 million. Ferrari’s  599 GTO is cheap by comparison at $300,000.

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