Amanda Stanhaus

Tag: jfk

Jack Kennedy on Cash

“Like most wealthy men Jack rarely carried cash and was notorious among his friends for leaving them to pick up the tab.”- Sarah Bradford, Jackie’s Biographer.

Jack Kennedy is one of my fave presidents. But when I read about how Jack handled money, courtesy of Jackie’s bio, all I had to say was, “Oh, Jack…”

Not cool. Of course it’s nice to treat friends (plus boyfriends and girlfriends) on occasion, but it shouldn’t be forced.

I always make sure I have the means to pay before I buy. But if something runs amuck, I pay back my friend ASAP over email.

Stay cool and always have cash on hand!

(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)




Why Save?

Save? I was too busy spending my way to success. My fabulous outfits made me look like I should be running my company. Instead, I get the coffee.

(click on the bold-faced vocab words:))

I’ll be waiting approximately forever to earn the $$ that matches my outfits and pays off my closet’s credit card debt.

Forever is very expensive in debt-land.


Play with this compound interest calculator to see how $$ multiplied over and over again by an interest rate means more $$$$$$.

Compound interest goes both ways. Debt & savings grow exponentially.

I’m hoping my saving account’s compound interest payments will pave the way to my own compound (à la the Kennedy’s).


(Originally published on Amanda Stanhaus’s financial literacy blog: XO, Bettie.)