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

August 27th, 2008

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 like a fantastic idea. ...

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

August 26th, 2008

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 our personal finances. You ...

Former WSJ columnist gives advice to iwillteachyoutoberich readers

August 20th, 2008

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 MyFi. While I was ...

Some recent Twitter posts about money, credit cards, secrets

August 12th, 2008

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 ...

My Free Insider's Kit will show you how to earn more money

Who does this photo remind you of?

August 06th, 2008

Photo used with permission from xkcabx

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

August 03rd, 2008

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 flying in a wedding ...