Hard Truth Week in Review – Blame it on Business School Edition
May 23, 2010 by Mr. ToughMoneyLove
Filed under Spending
I am a frequent critic of MBA programs. There are too many of them and most don’t teach what our economy needs. (I also come down hard on lawyers, even though I am one.)
You should also read the column by Peter Schiff about the race between the dollar and euro - to the bottom. I found his comments intriguing about why Obama lobbied so strongly in favor of the Greek bailout .
If you enjoy podcasts as a learning tool, the Clever Dude blog published an excellent list of personal finance podcasts that you can check out.
Peer pressure a/k/a “keeping up with the Jones” is a frequent cause of undisciplined spending. The Money Crashers has some advice for fending off big spender friends.
On my Go To Retirement blog, I addressed the case against gold investing for retirement.
Finally, check out this week’s Carnival of Personal Finance.
FREE UPDATES: If you enjoyed this, please subscribe to receive the newest hard truth from Mr. ToughMoneyLove automatically by RSS feed (what is RSS?) or by spam-free Email.
No related posts yet.
At one time an MBA meant a lot.
Now it’s barely above TP IMO.
That said, the reality is a great many companies won’t hire you w/o an MBA for many positions.
In today’s world, having a MBA doesn’t mean much, except that companies want you to have one – but will often try to pay you less. I’ve been considering whether or not to go for one, and it’s difficult – I don’t want to obtain one, work my butt off for 4-6 years, only to be laid off becuase I am now too expensive, and unable to find another job becuase I’m “overqualified”.