When you dine out and have to calculate a tip, where do you start your calculations? Everyone has a different method, but in this country most people start their mental calculations at 15% and then increase or decrease from there. Yet we’ve spotted another restaurant encouraging customers to start their calculations at 18%. [More]
401k for dummies
If you’re entering the work force for the first time (although this probably pertains to lots of older employees too), all the details of insurance, taxes, and 401(k)s can be daunting/boring/confusing. Ron Lieber at the New York Times has pared away the extraneous bits and created a “primer for young people starting their first job,” including helpful advice like why it’s important to get health insurance, how to fill out your W-4, and why it’s good to take advantage of the built-in “raise” that comes from a company-matching 401(k). Sure, this is all basic stuff, but that’s the point. Ya gotta start somewhere.