Ron Lieber and the team at The New York Times and Marketplace have put together a stand-out special section for Your Money. ‘My Biggest Financial Lesson’ features pieces from a diverse list of writers and thinkers–from Sonic Youth’s Kim Gordon on not spending money, to writer Gustavo Arellano on the character of those who pick up the tab (and those who don’t). Kenneth Feinberg gives his thoughts on handling money in the face of life’s uncertainties–he was in charge of determining payouts to victims of such tragedies as the Sept. 11 attacks and the shootings at Virginia Tech. Other contributors include the rapper Slim Thug, Lizzie O’Leary on profligate spending, and Nicole Childers with a powerful essay on not having a safety net– “If I lost my job for whatever reason, I had no parents to go home to or help me while I got back on my feet. I had learned early on that I would always have to be my own backup plan.”
Lieber has a piece on paying for college and learning a lesson for life and our own Carl Richards (whose new book The One Page Financial Plan is out next week) writes about putting risk in context and finding surer footing.
The section can be read online in full here. Audio accompaniments for all the stories are available from American Public Media’s Marketplace (in the left-hand side of each column’s page) and will be broadcast throughout the week.