Who’s Afraid Of The Big, Bad Banks?

Peggy MunroLet's Talk About Money23 Comments

Once upon a time, not too long ago, banks were as integral to our communities as the town library and Fourth of July picnics. They helped us save money, and lent our funds to others to buy homes and cars, and build businesses. Those days, alas, are dwindling. While small local banks are still doing the work of building community, … Read More

Planned Obsolescence

Peggy MunroLet's Talk About Money48 Comments

The holiday season kicked off in our family, as it always does, with Thanksgiving and our wedding anniversary. Now, having just returned from a long weekend away with my beloved, I’m making my lists for the annual giftapalooza, figuring out what to buy, and what to avoid, for all my special people. While a 15th anniversary is certainly noteworthy, I … Read More

Lies, Damn Lies, Statistics and the End of the Recession

Peggy MunroLet's Talk About Money53 Comments

                Benjamin Disraeli, the 19th century British Prime Minister, once said that there were three types of lies: lies, damned lies, and statistics. Never have those words been truer than now, as I read and listen to the debate about the state of our current recession.                 According to Ben Bernanke, chairman of the Federal Reserve, the “recession is very … Read More

Elegy for a beloved companion

Peggy MunroLet's Talk About Money107 Comments

Many years ago, I began writing a book with the words, “I have a dog, and his name is Angus Mor. Angus is very loving and cuddly, and he makes Wookie noises when he’s not getting his way. All in all, Angus is a very cool dog. Angus is also one of the terrors of the neighborhood.  What is handsome … Read More

Vacation Extras

Peggy MunroLet's Talk About Money236 Comments

It probably comes as no surprise to you that the “as-sold-on-TV” exercise program, promising flat stomachs in 90 days, works only for those who already have a six-pack, and cubic zirconium jewelry will never be mistaken for diamonds by anyone in the know. What’s advertised doesn’t always represent reality. My family’s recent West Coast vacation is case in point. A … Read More

A World without Oil

Peggy MunroLet's Talk About Money80 Comments

Unilateral truths exist in each of our lives. One of mine is that I don’t watch horror movies. No Jaws, The Shining, or The Omen. I read The Silence of the Lambs; three weeks of checking nightly under my bed and in the closets convinced me to skip the movie. So, when I had the opportunity to watch A Crude … Read More

Foreign Trade

Peggy MunroLet's Talk About Money26 Comments

I lead a very cosmopolitan life. Or, more accurately, the things that populate my life do. This morning’s grapes came from Chile, the bananas from Columbia. My Egyptian cotton clothes were manufactured in Indonesia, Bangladesh and Guatemala, my car comes from Japan and my spinning wheel from New Zealand. Even my stove is a bilingual Canadian. And lurking in the … Read More

Retirement and Social Security

Peggy MunroLet's Talk About Money19 Comments

Each spring, as tax season comes to a close, I am reminded of my own mortality. The physical toll of too many hours at my desk, sleep deprivation and a weary brain elevates the simplest tasks, those that were inconsequential in November, to huge endeavors by early April. At this time of year, everything hurts. If the death throes of … Read More

Hello world!

Peggy MunroLet's Talk About Money52 Comments

What can anyone say about a person who quits a good, well-paying (if slightly overwhelming) job for the uncertainty of self-employment in a new place, far from family and friends? I think I’ve heard it all – from questions over my sanity to expressions of envy to concern over the absence of any sort of business plan. There’s no question … Read More