Looking for people in your 20s, 30s, and 40s — what do you wish you’d saved for?

June 29th, 2009

Lots of people leave comments on this site saying, "Ramit, I've already handled the basics, so what am I supposed to do with my money now?" I'm working on a new post to give you a strategy to leave your friends in the financial dust. But first, I need your help to tell me what you wish you'd saved for ...

Guy is scared of calling companies, calls them, negotiates fees successfully

June 28th, 2009

Another one from Ramit's Inbox on negotiating a fee away... Here's a good example of how you can get many fees waived in 2 minutes with a phone call. (It's kind of curious that people email me instead of the company directly, but...) From: Stephen T. To: Ramit Hey Ramit, enjoyed your book and it's been a great help. I ...

The Money Diaries: The 20-something who can’t seem to get out of his parents’ house

June 23rd, 2009

Today is another post in the Money Diaries series, which is based off New York Magazine’s Sex Diaries. We’ve collected stories from real people about their spending habits over seven days, anonymized them, and posted them here. Today's post is by a 25-year-old who lives at home with his parents in an attempt to save money to buy ...

Is frugality about saving money or making you feel less guilty?

June 17th, 2009

In the fascinating article, "The Green Bubble: Why environmentalism keeps imploding," Nordhaus and Shellenberger cite this provocative study that has close parallels to frugality: "It's easy enough to point out the insignificance of planting a garden, buying fewer clothes, or using fluorescent bulbs...But the ecological irrelevance of these practices was beside the point. What downscalers offered was not a ...

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

Mental Accounting: Why Smart People Make Big Money Mistakes

June 15th, 2009

A lot of you have asked for more posts on investor psychology (articles, links, books), including mental accounting, anchoring, and cognitive biases that affect our investing. Today's post on mental accounting is by Claire, who holds an MBA and other degrees from Stanford and Oxford. Belsky and Gilovich have a big job ahead of them. In only 215 pages, they ...

60-second survey + 5 $100 Donorschoose gift certificates

June 09th, 2009

I'm doing a quick 60-second survey of iwillteachyoutoberich readers. It's easy, quick, and at the end, there's an optional question to enter your "name/email" -- if you fill it out, I'm giving away five $100 DonorsChoose.org gift certificates. Thanks for helping out. The 60-second survey is here. Over 1,000 responses in less than 12 hours. You guys ...