Change in Her Pocket

Alum Doles Out No-Nonsense Personal Finance Tips as Syndicated Columnist
by Karen Shih ’09 | photos by John T. Consoli | penny lettering by Hailey Hwa Shin












9 Comments
Leave a Reply
* indicates a required field
* indicates a required field
Arthr
great write up Karen. Nice to hear how the color of money works from an experts perspective. Love the angle. cheers!
Michael
Nice post, Karen! I had no idea of what Michelle had to go through during childhood. It is an amazing success story. Thank you for sharing! --Michael
Beverly
Amazing story about an amazing person!
Jeffrey O Holmes
Yes Michelle is FRUGAL FANNIE's financial adviser. My neighbor and friend keeps me reflecting on my financial future. I have flunked out of Prosperity Partners so I will do it again soon. Love Ya Chelle.
Motor Trader
Nice summary of financial story on how colour of money works. Would bookmark this and your blog for more amazing posts.
Dwayne Lindsay
I'm surprised that Michelle doesn't mention the huge savings that can be realized by purchasing as much as possible second hand. Buying used coupled with learning basic repair skills (videos on line /books at local library) can yield huge savings. I recently did the brakes on my $500 used car for less than $100, after a quote from the garage of nearly $700. I rarely buy anything new; clothes, tools, household&, hobby items etc, are are readily available from thrift shops , second hand stores, Craigslist and yard sales. Yes its a bit more work, but the up shot is you can get by with a job requiring less hours,(and stress) often closer to home thus lessing the commute time and cost. On a different topic, I would suggest caution on the suggestion that a student live at home to save money, there is a great deal of research that supports the position that many students (especially first generation ) are negatively impacted by 'crab pot' syndrome when living at home while attending college. While "Big Momma" may have been a positive, supportive person, many 1st gen students would benefit from some distance from their families.
Tracey M
Amazing woman & role model. I would like to see her classes spread to other churches & community colleges.
Traci
Thank you for this story. I just read her column from this week's Post. Singletary is an amazing example and support for those of us who choose frugality. Frugal is not a bad word; it is a wise life style choice. In fact, a high school friend recently called me cheap. How she came to this conclusion (before we ordered) since we have not seen each other in 30 years, I am not sure--maybe because I would not split the bill to pay for her two alcoholic drinks (I had water). I corrected her by stating I was frugal and that I make wise choices with my money. That was Friday. On Sunday, I read Singletary's "In praise of frugality, a tried and true American trait." Singletary also takes the guilt off of parents who don't want to indulge their kids with stuff, useless-can't find a month later-stuff. Maybe I can get my husband to join her partnership class.
Esther A Pianim
This is amazing!! Nice jobs Michelle!