Comments on: 20 questions that your financially unprepared friends are afraid of http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 12 Feb 2012 18:46:58 +0000 hourly 1 http://wordpress.org/?v= By: Education is not the solution to all personal-finance problems | I Will Teach You To Be Rich http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-123402 Education is not the solution to all personal-finance problems | I Will Teach You To Be Rich Sat, 08 May 2010 16:04:40 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-123402 [...] « 20 questions that your financially unprepared friends are afraid of [...] [...] « 20 questions that your financially unprepared friends are afraid of [...]

]]> By: Kirk Reeves (working-kirk) http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-103716 Kirk Reeves (working-kirk) Mon, 20 Jul 2009 05:15:29 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-103716 Your friends and others have a right to be afraid of answering or asking these fincinal questions. Anyone who asked me these questions would get a very quick "None of your business" If I thought they were curious and not rude, I might not be so harsh and say: "I don't answer that question. THe fact I am in show business means I have a lot of very rude people asking me about my money. You see, by talking about your money or answering those questions, you're putting you're business out in the street. And people will kill you for a dime. And if you're stupid and got a big mouth, don't go crying if something like that does happen. Yes, your friend might not say anything, but if you start talking about money like that, people ears perk up and do you really want to take the chance the wrong set of ears might be listening. If you need to talk aabout money question like that you need to see a fincinal advisor. They at least understand why it should be confident. In my case, I am a musician and I work the clubs and the streets. Anybody who asks me money questions like that is no longer a friend. In fact I see that people testing me. If I potilely answer their noisy question about my money, they don't see it as as politeness but a sign of weakness. Since I work the club and streets, I see many illegal things like drug dealing and prostitution. If I had made it a habit of asking my friend these money questions, even if I was concerned, word would soon be out I'm too noisy for my own good. Now I doubt your reader deal with the low-lifes I see but for the life of me I can see no good reason whether the streets or the mansions you should ask or be ask these question by anybody Your friends and others have a right to be afraid of answering or asking these fincinal questions. Anyone who asked me these questions would get a very quick “None of your business”

If I thought they were curious and not rude, I might not be so harsh and say: “I don’t answer that question.

THe fact I am in show business means I have a lot of very rude people asking me about my money.

You see, by talking about your money or answering those questions, you’re putting you’re business out in the street. And people will kill you for a dime. And if you’re stupid and got a big mouth, don’t go crying if something like that does happen. Yes, your friend might not say anything, but if you start talking about money like that, people ears perk up and do you really want to take the chance the wrong set of ears might be listening. If you need to talk aabout money question like that you need to see a fincinal advisor. They at least understand why it should be confident.

In my case, I am a musician and I work the clubs and the streets. Anybody who asks me money questions like that is no longer a friend. In fact I see that people testing me. If I potilely answer their noisy question about my money, they don’t see it as as politeness but a sign of weakness. Since I work the club and streets, I see many illegal things like drug dealing and prostitution. If I had made it a habit of asking my friend these money questions, even if I was concerned, word would soon be out I’m too noisy for my own good.

Now I doubt your reader deal with the low-lifes I see but for the life of me I can see no good reason whether the streets or the mansions you should ask or be ask these question by anybody

]]> By: Kristen Sullivan http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-101840 Kristen Sullivan Mon, 22 Jun 2009 11:53:42 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-101840 Nice post. @ Malia - FiLife, the personal finance site in partnership with the Wall Street Journal, provides a handy guide to 401ks here (the WSJ also posted it on their websites.)http://www.filife.com/guides/what-is-a-401k And you can ask questions about 4013bs here: http://www.filife.com/topics/401k/discussions Nice post.

@ Malia –
FiLife, the personal finance site in partnership with the Wall Street Journal, provides a handy guide to 401ks here (the WSJ also posted it on their websites.)http://www.filife.com/guides/what-is-a-401k

And you can ask questions about 4013bs here: http://www.filife.com/topics/401k/discussions

]]> By: BeyondBeerMoney http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-91626 BeyondBeerMoney Tue, 10 Mar 2009 19:30:10 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-91626 Great points. Funny that we talk about our sex lives with even casual friends but would rather die than discuss the status of our 401(k)s with our bffs. Great points. Funny that we talk about our sex lives with even casual friends but would rather die than discuss the status of our 401(k)s with our bffs.

]]> By: Stop Getting Cheated http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-91558 Stop Getting Cheated Mon, 09 Mar 2009 22:31:53 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-91558 Excellent set of questions, Ramit. Exactly the level of excellence we've come to expect from you. Excellent set of questions, Ramit. Exactly the level of excellence we’ve come to expect from you.

]]> By: Malia http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-89490 Malia Wed, 18 Feb 2009 04:18:28 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-89490 Does a 403(b) work the same as a 401(k)? And is this a dumb question or should I just read the 75pg booklet I received from ING/my company in the mail? I work in the non-profit sector and I feel like my finances reflect this... Does a 403(b) work the same as a 401(k)? And is this a dumb question or should I just read the 75pg booklet I received from ING/my company in the mail?
I work in the non-profit sector and I feel like my finances reflect this…

]]> By: Stuart Fleming http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-89291 Stuart Fleming Sun, 15 Feb 2009 20:55:57 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-89291 <strong>Wealth / Money Expert for Teens - sharing the ‘best of the web’ this week...</strong> Teaching your teen about money - a wealth of resources and information at your fingertips: 5 questions to ask before giving your child an allowance Money tips for little pockets Gen Y ‘financially unfit’ says poll The allowance question 20... Wealth / Money Expert for Teens – sharing the ‘best of the web’ this week…

Teaching your teen about money – a wealth of resources and information at your fingertips:
5 questions to ask before giving your child an allowance
Money tips for little pockets
Gen Y ‘financially unfit’ says poll
The allowance question
20…

]]> By: Jennifer http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-89093 Jennifer Fri, 13 Feb 2009 15:42:46 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-89093 # 15 is interesting. If I really believed that you could see into the future that accurately I would have done all three of your suggestions, but in sequence. First--sell (and wait), Second--invest less (and wait), Third--invest more now and in the future (and wait). The waiting is the tricky part since we all want instant gratification. # 15 is interesting. If I really believed that you could see into the future that accurately I would have done all three of your suggestions, but in sequence. First–sell (and wait), Second–invest less (and wait), Third–invest more now and in the future (and wait). The waiting is the tricky part since we all want instant gratification.

]]> By: Stuart Fleming http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-88994 Stuart Fleming Thu, 12 Feb 2009 20:32:14 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-88994 <strong>Have you the money to raise your teenager?...</strong> Welcome to my ‘curly question of the week’! Make sure you don’t miss a curly question - subscribe to my RSS feed! Have you the money to raise your teenager? On the journey to teach your teen about money, have you asked yourself the q... Have you the money to raise your teenager?…

Welcome to my ‘curly question of the week’! Make sure you don’t miss a curly question – subscribe to my RSS feed!
Have you the money to raise your teenager?
On the journey to teach your teen about money, have you asked yourself the q…

]]> By: The Self Reliant Web Digest #6 : Real Self Reliance http://www.iwillteachyoutoberich.com/blog/20-questions-that-financially-unprepared-people-fear/#comment-88964 The Self Reliant Web Digest #6 : Real Self Reliance Thu, 12 Feb 2009 17:06:45 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1108#comment-88964 [...] 20 questions that your financially unprepared friends are afraid of (I Will Make You Rich) - You’ve got to have a plan… [...] [...] 20 questions that your financially unprepared friends are afraid of (I Will Make You Rich) – You’ve got to have a plan… [...]

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