Scrooge Strategy

Archives —
August, 2008

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91

Help a trust fund baby: “What should I do with my inheritance?”

Just got this email from Christine, a self-described “trust fund baby” who asked for advice. What would you recommend?
I am a 22 year old female in my last year of college. I never learned how to manage my money. If I got money, I spend it. So, freshman year of college, a credit card seemed [...]

23

Credit card perks you didn’t know about (part 2)

See a full list of credit card perks you didn’t know about.
Marketers know that it’s much more cost-effective to serve your existing customers rather than spending a ton of money to acquire new customers. Cost-effective, yes, but it’s sure sexier to spend money on Superbowl ads and stupid social-media spends.
The same is true of [...]

37

Former WSJ columnist gives advice to iwillteachyoutoberich readers

While I was in New York a few weeks ago, I stopped by to meet Jonathan Clements, the former columnist for the Wall Street Journal — which I thought was the best personal-finance column in the country. (Here’s one of his columns: Twenty Tips for No-nonsense Investing.)

Jonathan is now the director of financial guidance at [...]

9

Some recent Twitter posts about money, credit cards, secrets

I’m busy doing a re-edit of the iwillteachyoutoberich book chapters, so there won’t be many posts this week.
In the meantime, I’m still Twittering ultra-short posts. Some recent posts:

The person I met who’s afraid to look at her balance

The emotional side of “investing” in real estate

How I edit my chapters

Surprising data I’ve found about credit cards [...]

40

Who does this photo remind you of?

Photo used with permission from xkcabx

87

I saved $2,500 by buying 2 items abroad. Is that un-American?

My post on why we’re all hypocrites about our weddings was one of my most popular.
So since one of my friends just got engaged, I thought you’d find this interesting. When I had dinner with him last night, I asked him how the wedding planning was going. He told me that to save money, he’s [...]

How much have you saved
using Ramit's advice?





$
Only numbers please