Welcome to the Logix SmartLab

Charles Haine

A long time artist and contributor to the Citizens of Culture print and web magazine. He writes to promote conscious consumption and the idea of thinking before you spend.The views expressed are those of a discerning young consumer, not a financial advisor and may or may not reflect the views of Logix FCU.

Recent Posts

Thankful for what you don't have.

Posted by Charles Haine on 12/6/2016



Humans have a hard time properly recognizing value. For instance, I have to fill out about an hours worth of paperwork to receive a $100 rebate on my glasses through my health insurance. This seems like a tremendous hassle to me, but on the flip side, if someone walked into my office and offered me $100 to fill out an hour of paperwork, and I could do it whenever I wanted, I would happily do it, thinking to myself “oh, wow, $100 to sit in a robe on a sunday morning and fill out papers, what a deal.” We think we’re rational creatures, but we aren’t, and sometimes we are very, very bad at knowing how much we need to spend to make ourselves happy.

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Topics: Consumerism, Saving

How to Prepare for Financial Instability

Posted by Charles Haine on 11/29/2016

We would all love to know ahead of time about upcoming bills. It would be the easiest thing in the world to plan or save for things if we knew every single expense that was coming down the pike. While some of us wouldn’t save for a known future, most would. It’s the unknown that gets you. And it can be, frankly, terrifying to know how little control we ultimately have. For example, an unexpected job loss because the whole company gets sold. Something like that generally has almost nothing to do with your performance (unless you’re in the C-suite, and then you have a whole other set of stresses), but it can have a big impact on your day to day finances.

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Topics: Saving

Understanding the value of purchasing things that make you feel good.

Posted by Charles Haine on 10/13/2016

The sun is going to someday expand to swallow the earth.  Literally everything we’ve ever known will disappear. I try and remember this when I’m considering a purchase.  

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Topics: Saving

Should I buy this?: When the angel and the devil on your shoulder are both making pretty good points.

Posted by Charles Haine on 10/13/2016

 

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Topics: Saving

Why arguing about money makes no cents

Posted by Charles Haine on 10/13/2016



There’s an old saying about arguments that if you are in one, you’ve already lost. By the time tempers are flared and positions are chosen, both sides tend to dig in, and it’s too late to find any meaningful compromise.

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Topics: Insider, Saving

Spending less is not the same as saving!

Posted by Charles Haine on 10/13/2016



Don’t let advertising lie to you, spending less is not the same as saving!

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Topics: Insider, Consumerism, Spending, Saving

It’s not just your money: The give and take of planning for a family

Posted by Charles Haine on 8/10/2016


While “family planning” is a surprisingly controversial term in America, there is one aspect of planning for a family that shouldn’t be controversial at all but sometimes is, and that’s talking about money, specifically how it is handled.

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Topics: Weddings, Saving

What are you saving for?: Having a light at the end  of the tunnel can help you stay on track

Posted by Charles Haine on 8/8/2016

When we are children, it’s one of the most common questions we are asked: what do we want to be when we grow up?

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Topics: Student Loans, Investing, College, Saving

Money & Meatloaf: How talking about money in social settings can change the way you think about your finances

Posted by Charles Haine on 8/8/2016


I raised my hand without a moment’s hesitation.  I was eight at the oldest, new to the school after a move, and unfamiliar with the unspoken rules of career day.  There was a visiting speaker for the day, there to talk about their life as a commercial electrician, and during the question and answer I asked what seemed like the most natural question in the world: “How much money do you make?” And the whole class laughed.

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The Fun of Frugality: Gamifying saving to trick yourself into better financial decisions

Posted by Charles Haine on 7/5/2016

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Topics: Consumerism, Investing, Saving

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Feel free to peruse about. Here you’ll find stories, posts and tools aimed to assist you as you’re faced with daily to once-in-a-lifetime financial quandaries. This is your SmartLab (lab coat optional). We want you to get the most from our articles, and we welcome your ideas to help us continue to bring valuable content to you. Check out the comment section at the bottom of every post for easy ways to share feedback. We’re learning, too, and what better way to encourage smarter banking than to share tips and resources with each other? Not to mention, it’s a great chance for us to get to know each other!

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