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More Financial Lessons from Downton Abbey

More Financial Lessons from Downton Abbey

In an earlier post I wrote about a recent Wall Street Journal article describing the financial lessons that can be learned through the popular PBS series Downton Abbey. That got me to thinking: the examples mentioned in the article all related to the series’ “upstairs” world. What about Downton’s “downstairs” contingent? If you’re a fan of the series, you’ll recall that there’s no shortage of financial lessons to be learned – some of them harsh – for characters at the other end of the series’ economic spectrum.
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Making It Work – Part 2

Making It Work – Part 2

No matter your age, your reasons for going out on your own or the type of business you’re starting, being resilient is key. Whether it’s because you’ve been laid off or you need more flexibility to care for a family member, if you are thinking about starting a business, the ability to right yourself after an upheaval is required. The successful entrepreneur is not going to be thrown off course by the first (or second, or third) crisis that comes down the road.
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The Great Recession High School Experience

The Great Recession High School Experience

For adults, the past four years have been a long slog of financial uncertainty and stress; for those graduating high school in 2013, the Great Recession has been an economic reality throughout their entire time in high school. To these young adults, there is no reference point. The times they are living in are not the “new normal”; they are just normal. Consider the impact recent turmoil in the economy has had on the families of this year’s high school graduates as they face the looming costs of a college education.
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Entertainment Value

Entertainment Value

A recent article in The Wall Street Journal points out that there is a wealth of financial lessons to be learned from the trials and tribulations of Downton Abbey’s Crawley clan. The series may take place in the 20s, but many of its lessons apply to our financial concerns today. Investment Diversification: Robert Crawley, the Earl of Grantham, invested most of his wife’s fortune – which was keeping Downton Abbey afloat – in a speculative Canadian railway stock. When the company went bankrupt, the Earl lost the money and came close to losing Downton.
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Making It Work – Part 1

Making It Work – Part 1

There’s no denying that people over the age of 50 who find themselves laid off face some significant challenges finding new employment. Statistics show that it takes longer for older workers to find new jobs. And a cruel irony is that the difficulty in finding a job is compounded by the length of time a person has been out of work. It’s a sad truth: one of the things holding people back from getting a job is being unemployed. Many people who find themselves in this very frustrating situation have gone into business for themselves.
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