Step #3 To Getting Rich: Make Your Money Earn For You

Now that you've learned about budgeting and banking, it's on to the fun stuff. Investing is the best way to earn substantial amounts of money. Here's how you can earn money with your existing money....

Posted by Ramit Sethi at 22:37 on Wednesday August 25, 2004. | 7 Comments

Cook at home, you lazy bastard

Every time I do a summer internship, I lose my mind and start eating out every day. Then about halfway through the summer, I realize I have no money saved up, only fond memories of that taco truck down the...

Posted by Ramit Sethi at 22:21 on Tuesday August 24, 2004. | 21 Comments

The most idiotic service ever

I hate a lot of things in this world, but none as much as 1-hour film processing....

Posted by Ramit Sethi at 22:19 on Tuesday August 24, 2004. | 6 Comments

All About Credit Cards

Do you have a credit card? If not, you should. A credit card lets you start building credit, which will let you get loans for cars, houses, etc. "But Ramit," you might say......

Posted by Ramit Sethi at 22:16 on Saturday August 21, 2004. | 5 Comments

Step #2 To Getting Rich: Banking

You'd be surprised how much money you lose through bad banking. Here are some tricks to get you off to a good start....

Posted by Ramit Sethi at 22:15 on Friday August 20, 2004. | 3 Comments

Step #1 To Getting Rich: Know What You Spend

How much did you spend on food last month? What percentage of your monthly expenditures is on transportation? Where did all that money you withdrew last week go? I know, I know. Not as sexy as arbitraging distressed securities and...

Posted by Ramit Sethi at 22:14 on Wednesday August 18, 2004. | 3 Comments

All About Stocks and Bonds

Stocks When you own a company's stock, you own part of that company. If it does well, your stock will do well. You can buy and sell whenever you want through your broker or self-serve sites like ETrade or Datek....

Posted by Ramit Sethi at 21:59 on Tuesday August 17, 2004. | 7 Comments

5 Steps To Getting Rich (Read This First)

1. Know what you spend. How much did you spend on food last week? What do you pay for housing (rent, repairs, utilities, tax, etc) every year? Without knowing how you're spending money, you can't begin to make any money.

Posted by Ramit Sethi at 20:35 on Tuesday August 17, 2004. | 4 Comments