Time spent reading blogs vs. managing money

Posted at 9:20 on Monday October 23, 2006 | Filed Under Introductory Articles
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Comments (7)

1.

2-hours sounds optimistic for most of the population! My sisters are both in their early 20s and have no clue about saving. The eldest of the two happens to spend most of her money on hanging out with friends, and has recently quit a fairly decent job with no other prospects. The youngest spends all of her money on her dog (she has about a dozen dog collars), and her boyfriend has spent hundreds on Halloween decorations this-year,while delivering pizza for a living......


Do you think they're 'managing' their finances? :)

Posted by NLG at October 23, 2006 10:43 AM
2.

On the other side of the spectrum....i sit in class bored and watching the ticker on my various stocks all day until the market closes. I am no day trader...I have not taken money out of a single stock or index fund since their inception, but i do like to see how my money is doing. I suppose watching the ticker or reading blogs for two hours a day are both overkill.... I wouldn't say one is necessarily better than the other.

Posted by Jonathan Chock at October 23, 2006 02:07 PM
3.

That picture is terrible.

Posted by Carlin at October 23, 2006 03:57 PM
4.

In the past my habits have been the inverse of this statement although I'm beginning to see how this might become a reality. Excellent blogs like yours don't help, Ramit!

Posted by Josh at October 23, 2006 07:00 PM
5.

That picture is great.

Posted by Miguel at October 23, 2006 07:30 PM
6.

I do not see how they will be all that successful, reading blogs instead of watching money.


williamhowardtaft
Editor, Popularparanoia.com

Posted by william howard taft at November 5, 2006 08:45 AM
7.

And she only types with those five fingers!

Posted by J RAY at November 29, 2006 09:36 PM

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This is a blog on personal finance (banking, saving, budgeting, and investing) and personal entrepreneurship.

It's for students, recent graduates, and other young people.

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Ramit Sethi

I'm a recent graduate of Stanford, where I studied technology and psychology. Now I'm the co-founder & VP of Marketing for PBwiki, a wiki startup in Silicon Valley.

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