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plus how to marry a billionaire
͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ ͏‌ 
September 19, 2022 • Issue #18
Money Classic
Money is turning 50! To celebrate, we’ve combed through decades of our print magazines to uncover hidden gems, fascinating stories and vintage personal finance tips that have (surprisingly) withstood the test of time. Throughout 2022, we’ll be sharing our favorite finds in this special newsletter. Ready to dive into the archive?

 

I’m online within seconds of waking up every morning. I reach for my iPhone without lifting my head off the pillow. Before I’ve gotten out of bed, made coffee or even put on my glasses, I’ve already checked Instagram, Twitter and any lingering CNN alerts.

But it didn’t used to be like that.

In the ’90s, accessing the internet was a lengthy process. Not only did I have to drag a chair over to my family’s translucent iMac G3 — the lone Web-enabled device in our house — but I also had to wait patiently as America Online loaded. For minutes, I’d sit in front of the computer and listen to the dial-up sounds, excitedly anticipating the moment I’d be connected to the rest of the world.

At the time, my parents were among the 17 million people who paid to use AOL. And that was a big financial decision, if Money’s November 1999 issue is to be believed. “Should you stay loyal to the updated AOL — or go elsewhere to get on the Net?” asked the headline of one story.

AOL had recently made waves by hiking its monthly fee from $19.95 to $21.95. Though “two dollars might not seem like a big deal,” we wrote, “discounts from competitors have widened the gap.” After all, Earthlink was $17.95; Costco members could get MSN for $11.99.

On one hand, there were savings at stake. On the other, we pointed out, AOL was rolling out new features like a personal calendar, “as many as seven screen names” and the ability to email photos. That certainly clinched it for the Glums: Though the service is free now, my mom still uses her AOL email address today.

Read more here or below.

— Julia Glum, news editor
How to Win in the Net Century 

 

IN OTHER NEWS…
💰 BPL blowup: The then-president of the greater Cincinnati chamber of commerce was so mad about where we put the city on our 1987 Best Places to Live list (No. 104) that he said, “it just goes to show that anybody can publish a list.”

💰 Whatever it takes: In 2007, Money published a piece on “how to marry a billionaire.” Seriously. An excerpt: “You will first need to identify the billionaires in your area (or their relatives) and learn their marital status. Then you'll have to study their businesses, hangouts, pets, favorite philanthropies, artists, music and vacation spots. (Google is a gold digger's best friend.) Also required: an investment in the type of home, clothing, grooming and charity events that will help you mix among the high and mighty hoity-toity.”

💰 The rest is still unwritten: The Hills’ Spencer and Heidi Pratt told Money in 2018 that they use QuickBooks to keep track of their finances.

 

SHOW ME THE MONEY
Starting a part time business
When you start a business, you’ve got to be willing to see how the sausage is made.

 

TEST YOUR MONEY MEMORY
In 2001, Money gushed over the newly introduced iPod, which we described as a device “about the size of a deck of cards” that holds “CD-quality tunes on its hard drive — no costly memory cards to add.” 

How much did the iPod cost?

$99
$199
$299
$399

 

Thanks for reading! If you enjoyed this edition of Money Classic, please forward it to a friend or tell them to sign up at money.com/subscribe.

We’ve got a full year of 50th anniversary surprises planned, so stay tuned — and in the meantime, check out Money.com for up-to-date news and advice. Recent stories include Prices Could Fall Back Below $3 by Late October, How to Apply for Biden’s Student Loan Forgiveness Program and Stocks Just Had Their Worst Day Since 2020. What's Next?.
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