Today in Money News

Photo credit: angela n, CC BY 2.0.

I love searching the Google news tab for “money,” because it turns up the best stories. Here are three:

President Trump Can’t Try to Increase the White House’s Property Value, and I’m Fine With That

Trump, who also lives in a gold-adorned $100 million penthouse in New York City, according to Travel & Leisure Magazine, said before he was elected that he doesn’t plan to change much in his new home, if anything just doing a few touch-ups. Also, some of the more historic areas in the home can’t be changed at all.

Even if he did change parts of the home, it wouldn’t do much to the value of it, Wacksman said. For other single-family homes, changing square footage or features of the properties could have an effect on their values, but the White House would likely not be impacted, he said.

Every sentence in those two paragraphs is amazing. The fact that MarketWatch credited Travel & Leisure Magazine for reporting that President Trump “also lives” in a gold penthouse. (MarketWatch: you know you don’t have to cite common knowledge facts, right?) The idea that the White House’s resale value “would likely not be impacted” by adding… what? A deck off the South Lawn?

Also, um… I shouldn’t be worried that we’re discussing the White House as something that can be bought and sold, right?

All Other Email Signatures Are Wrong, Thanks!

This article has nothing to do with money, but it showed up under “money news” and I’m sharing it because “the only way you should sign your emails” is with the word thanks, which… well, if you’ve ever received an email from me, you know why I was thrilled to get that news.

(When I was in undergrad I read some blog post by a professor about how students should only use the word “thanks” when emailing her, not “best regards” or “sincerely,” because to sign an email with anything but acknowledgment that you’re asking someone else to take time out of their day to pay attention to you is inappropriate. So… I got into the habit.)

Everyone Makes the Same Money Mistake, Guess What It Is

You gonna click the link? Want to know what everyone gets wrong about money? I’ll spoil it for you: THEY SPEND MORE THAN THEY EARN.


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