It's that time of the year when you get hit up for donations. In a stack of mail, something came from my business school. I quickly glanced at it, about to toss it, when I saw my name in bold. Nice touch, GSB.
1890 John D. Rockefeller donates $600,000 ($14.2 million in 2008 dollars) calling it "The best investment I ever made"
1929 First University to grant a PhD in business to a woman
1935 First Heisman Trophy is awarded to College of Commerce student John Jay Berwanger
1982 George Stigler becomes the first business school faculty member to receive a Nobel Prize
2004 Catherine Gacad earns MBA
2008 The school was named in honor of David G. Booth for his $300 million gift, which Booth described as a "partnership distribution" based on the long-term contribution to his life's success by his alma mater
Sunday, December 27, 2009
Saturday, December 26, 2009
To Prenup or Not Prenup
I do not know a single person who has gotten a prenup. Consider, too, that my network is vast. If there's anyone out there reading this who has gotten one, please contact me.
There are a few reasons to get a prenup: 1) You're a major celebrity like Tiger Woods, 2) You stand to inherit billions like Athina Roussel who is the sole heir to the Onassis fortune, or 3) You own property. I fall into the last category. Not only that, I have built up my own little nest egg that is mine. Not my husband's. Not community property. It is my hard-earned money.
I've consulted many friends regarding this--friends with inheritances, friends who came in with a lot of money, friends who had property. Across the board, they did not put together a prenup. Further, they questioned, "Do you really want to bring up the topic?" I've gone back and forth and figured that I didn't really care. I agreed. Why bring it up anyway? What's mine is his and what's his is mine.
But then a friend of mine put me to the test during drinks the other day. It really made me rethink the issue. He asked, "Let's say you were marrying someone who came into the marriage with a lot of money. Then he asked you to sign a prenup. What would you say? Would you be offended?"
I shook my head. "I would absolutely not be offended. What's his money is his money. I'd have no problem signing a prenup."
"Then there's your answer."
There are a few reasons to get a prenup: 1) You're a major celebrity like Tiger Woods, 2) You stand to inherit billions like Athina Roussel who is the sole heir to the Onassis fortune, or 3) You own property. I fall into the last category. Not only that, I have built up my own little nest egg that is mine. Not my husband's. Not community property. It is my hard-earned money.
I've consulted many friends regarding this--friends with inheritances, friends who came in with a lot of money, friends who had property. Across the board, they did not put together a prenup. Further, they questioned, "Do you really want to bring up the topic?" I've gone back and forth and figured that I didn't really care. I agreed. Why bring it up anyway? What's mine is his and what's his is mine.
But then a friend of mine put me to the test during drinks the other day. It really made me rethink the issue. He asked, "Let's say you were marrying someone who came into the marriage with a lot of money. Then he asked you to sign a prenup. What would you say? Would you be offended?"
I shook my head. "I would absolutely not be offended. What's his money is his money. I'd have no problem signing a prenup."
"Then there's your answer."
Friday, December 25, 2009
There's no rhyme or reason to Christmas with my family. It happens at different homes. Sometimes it's celebrated on Christmas Eve, especially growing up. More recently, it's been Christmas Day. People come and go throughout the afternoon and into the night. There's no set time; this drives me crazy! If the start time is 2pm. Don't do it. No one will be there. I've learned my lesson. Timeliness is not rewarded in our Filipino household. You sit anywhere and your seat rotates throughout the night. It's a buffet free-for-all. I'm always astounded when spending a holiday meal with friends and it's a set course. Wine is passed around the table. You actually have to talk to one another for a good chunk of time. I love that there's order. I hate the chaos I've grown up with which is why I've spent several Christmases travelling with friends. What beats South America in December?
I enjoyed this year with Dean's family. His parents picked us up from the airport and drove us directly to church for mass. We snuck away after they dropped us off. With 90 minutes to kill, we walked a few blocks to an English pub's trivia night and drank beer. The 10:30pm mass was half-full which was a big surprise to me. Every single Christmas mass I've gone to has had people standing up, lining the walls.
We spent Christmas day at his parents' new house. Buffet-style, but sit-down. Then lots and lots of presents. Piles of presents for the kids. No matter how wasteful, I still think it's fun. Presents are important. We continued to eat throughout the night: pumpkin pie, cheesecake, Dorritos, Ruffles with french onion dip. I thought I was going to explode before midnight. It was a good time. Everyone was still around late into the night.
As we got ready to leave, Dean's cousin patted me on the back jokingly, "Catherine, you can do better. There's still time. It's not too late to call off the engagement."
I enjoyed this year with Dean's family. His parents picked us up from the airport and drove us directly to church for mass. We snuck away after they dropped us off. With 90 minutes to kill, we walked a few blocks to an English pub's trivia night and drank beer. The 10:30pm mass was half-full which was a big surprise to me. Every single Christmas mass I've gone to has had people standing up, lining the walls.
We spent Christmas day at his parents' new house. Buffet-style, but sit-down. Then lots and lots of presents. Piles of presents for the kids. No matter how wasteful, I still think it's fun. Presents are important. We continued to eat throughout the night: pumpkin pie, cheesecake, Dorritos, Ruffles with french onion dip. I thought I was going to explode before midnight. It was a good time. Everyone was still around late into the night.
As we got ready to leave, Dean's cousin patted me on the back jokingly, "Catherine, you can do better. There's still time. It's not too late to call off the engagement."
Thursday, December 24, 2009
Merry Christmas Eve
Call me selfish. I wish I could stay here at home and spend Christmas with the fam. Instead, I'm off to hang with the in-laws in Scottsdale, Arizona. You'd think one of the perks of spending Christmas in the desert would be sun, right? But hell no, it's just as cold there as it is here. Oh well.
Despite my party-pooping anxiety of spending Christmas away from the throngs of Filipinos, I have had the best two nights hanging out with loved ones.
Tuesday night, Dean and I went ice-skating at Union Square, took pics with Santa, then sang and drank the night away with friends at my favorite city bar, the Gold Dust. Love that place! It's the perfect mix of tourists and locals and the drinks are dust cheap.
Last night, Conrado came into town and we grabbed dinner at the Westfield food court, had drinks at Oola, then Marky came out to meet us with his fabulous Aussie date. I LOVE THE GAYS! Marky hates it when I call him my gay friend. "You don't call Daniel your black friend."
"Yes I do!"
So happy to celebrate with my posse prior to departure. Merry Christmas everyone and I'll try to blog if I can get my hands on internet access.
Despite my party-pooping anxiety of spending Christmas away from the throngs of Filipinos, I have had the best two nights hanging out with loved ones.
Tuesday night, Dean and I went ice-skating at Union Square, took pics with Santa, then sang and drank the night away with friends at my favorite city bar, the Gold Dust. Love that place! It's the perfect mix of tourists and locals and the drinks are dust cheap.
Last night, Conrado came into town and we grabbed dinner at the Westfield food court, had drinks at Oola, then Marky came out to meet us with his fabulous Aussie date. I LOVE THE GAYS! Marky hates it when I call him my gay friend. "You don't call Daniel your black friend."
"Yes I do!"
So happy to celebrate with my posse prior to departure. Merry Christmas everyone and I'll try to blog if I can get my hands on internet access.
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