Comments on: Announcing the I Will Teach You To Be Rich scholarship for $2,500 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/ 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, 8 Nov 2009 06:09:27 -0800 http://wordpress.org/?v=abc hourly 1 By: Congratulations! The 7 finalists for the I Will Teach You To Be Rich Scholarship | I Will Teach You To Be Rich http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-88195 Congratulations! The 7 finalists for the I Will Teach You To Be Rich Scholarship | I Will Teach You To Be Rich Mon, 02 Feb 2009 21:22:47 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-88195 [...] a month ago, I announced the I Will Teach You To Be Rich Scholarship for Social Innovation, a $2,500 award for a pro-social [...] [...] a month ago, I announced the I Will Teach You To Be Rich Scholarship for Social Innovation, a $2,500 award for a pro-social [...]

]]> By: The Present Group Journal » A grant for Socially Minded Entrepreneurs http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-86405 The Present Group Journal » A grant for Socially Minded Entrepreneurs Mon, 12 Jan 2009 23:52:12 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-86405 [...] Check out the grant/advice he is offering.  It’s due this Thursday!! [...] [...] Check out the grant/advice he is offering.  It’s due this Thursday!! [...]

]]> By: Seeking 20-somethings with a plan to help others http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-85957 Seeking 20-somethings with a plan to help others Thu, 08 Jan 2009 16:43:37 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-85957 [...] only a couple of people. “The pass is which it contingency scale,” Ramit wrote in another post. “Instead of assisting a single kid (which is good by itself), I’m seeking for someone who [...] [...] only a couple of people. “The pass is which it contingency scale,” Ramit wrote in another post. “Instead of assisting a single kid (which is good by itself), I’m seeking for someone who [...]

]]> By: Links For Super-Charged Living - December 20, 2008 | My Super-Charged Life http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84698 Links For Super-Charged Living - December 20, 2008 | My Super-Charged Life Mon, 22 Dec 2008 07:00:30 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84698 [...] Entrepreneurial Spirit Customer Service: Your Ticket to Success Announcing the I Will Teach You To Be Rich scholarship for $2,500  [...] [...] Entrepreneurial Spirit Customer Service: Your Ticket to Success Announcing the I Will Teach You To Be Rich scholarship for $2,500  [...]

]]> By: Want to make a difference? | Sassy Women http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84267 Want to make a difference? | Sassy Women Thu, 18 Dec 2008 06:50:13 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84267 [...] to something random about dogs (whomp whomp), but google it later) and then right after read about this dope scholarship opportunity on I Will Teach You To Be Rich (very quickly becoming one of my fav blogs), but why not start right [...] [...] to something random about dogs (whomp whomp), but google it later) and then right after read about this dope scholarship opportunity on I Will Teach You To Be Rich (very quickly becoming one of my fav blogs), but why not start right [...]

]]> By: Ramit Sethi http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84217 Ramit Sethi Wed, 17 Dec 2008 19:09:50 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84217 Thanks for the heads-up about <a href="http://news.ycombinator.com/item?id=401035" rel="nofollow">Hacker News</a>. I responded there. No, I'm not looking for a business partner. This is a scholarship. Progress is more important than anything else. Ideas are cheap. Btw, I love how skeptical people are on Hacker News. Some people are determined to be cynical despite all evidence to the contrary. Thanks for the heads-up about Hacker News. I responded there.

No, I’m not looking for a business partner. This is a scholarship.

Progress is more important than anything else. Ideas are cheap.

Btw, I love how skeptical people are on Hacker News. Some people are determined to be cynical despite all evidence to the contrary.

]]> By: diN0bot http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84216 diN0bot Wed, 17 Dec 2008 19:00:10 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84216 Ramit, Can you be more clear about what you're looking for and offering? I co-founded a community-oriented non-profit last year and am interested in applying for funding. We already have some technology and outreach, though. Are you looking for ideas or is it still worth applying with some progress? My understanding is that this is a donation. However, your video makes it sound like you're looking for a business partner. There is also some discussion on Hacker News (http://news.ycombinator.com/item?id=401035) about whether this is a trick. I don't believe this is the case, but hearing more of your thoughts would allay all concerns. Thanks, diN0bot. Ramit,

Can you be more clear about what you’re looking for and offering?

I co-founded a community-oriented non-profit last year and am interested in applying for funding. We already have some technology and outreach, though. Are you looking for ideas or is it still worth applying with some progress?

My understanding is that this is a donation. However, your video makes it sound like you’re looking for a business partner. There is also some discussion on Hacker News (http://news.ycombinator.com/item?id=401035) about whether this is a trick. I don’t believe this is the case, but hearing more of your thoughts would allay all concerns.

Thanks,
diN0bot.

]]> By: stephanie http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84215 stephanie Wed, 17 Dec 2008 18:48:21 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84215 Ramit, this is an excellent article. I've been really focusing on this the past few months - taking control of my life instead of letting my life control me. I think this idea has gone hand in hand with taking control of my finances in the past year! I recently started volunteering at a local charity, and yesterday I started learning how to play bass guitar (at no cost to me - my younger brother had one that he never uses, so I'm borrowing it to learn on!). I'll be brainstorming ideas, and I'll pass this information along to all of my other 20-something friends! Ramit, this is an excellent article. I’ve been really focusing on this the past few months – taking control of my life instead of letting my life control me. I think this idea has gone hand in hand with taking control of my finances in the past year! I recently started volunteering at a local charity, and yesterday I started learning how to play bass guitar (at no cost to me – my younger brother had one that he never uses, so I’m borrowing it to learn on!).

I’ll be brainstorming ideas, and I’ll pass this information along to all of my other 20-something friends!

]]> By: Mark http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84212 Mark Wed, 17 Dec 2008 18:15:52 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84212 That's a fantastic idea! Everytime I write a post for my blog I wonder what I can give back rather than just focusing on my own finances (my blog makes me sounds far more greedy and materialistic than I actually am). So far it's been limited to regular charity donations but this idea has far more scope. If you ever think about expanding the scholarships and need more funds from fellow bloggers let me know. That’s a fantastic idea!

Everytime I write a post for my blog I wonder what I can give back rather than just focusing on my own finances (my blog makes me sounds far more greedy and materialistic than I actually am). So far it’s been limited to regular charity donations but this idea has far more scope. If you ever think about expanding the scholarships and need more funds from fellow bloggers let me know.

]]> By: jontsai http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500/comment-page-1/#comment-84209 jontsai Wed, 17 Dec 2008 17:22:52 +0000 http://www.iwillteachyoutoberich.com/blog/announcing-the-i-will-teach-you-to-be-rich-scholarship-for-2500#comment-84209 Bravo, Ramit, bravo. No, seriously. Thanks for the Greenspun quotation, and also your take on the situation: "One thing I never understood was the idea that “I’m just doing this for now, but later I’ll do what I really love.” I always get suspicious when people defer what they “really” want to do until later — whether it’s finding the job they love (”I’ll just work in investment banking for a few years”) or giving back to the community that helped raise them." I'm in my early 20's right now. I don't want to see these years go by without doing anything significant besides the futility of padding my bank account and buying more toys and gadgets for myself to enjoy. Thanks for the wake-up call and timely reminder. The 30's and 40's will pass by quickly, and soon I'll be 50 or 60 if I live that long. Even if I'm more financially able to "make a difference" or "do something" or "give back" then, I will likely be less physically able. The principle of compounding efforts and exponential ROI--start small, contribute regularly--perhaps one individual you touch will go on to touch 5 other lives... If I start when I'm "at retirement age," there's a whole lot of catching up to do, if by that time I've not already become so engrossed in myself and interested in my pleasures and interests to be concerned for others around me at all. Bravo, Ramit, bravo. No, seriously. Thanks for the Greenspun quotation, and also your take on the situation:

“One thing I never understood was the idea that “I’m just doing this for now, but later I’ll do what I really love.” I always get suspicious when people defer what they “really” want to do until later — whether it’s finding the job they love (”I’ll just work in investment banking for a few years”) or giving back to the community that helped raise them.”

I’m in my early 20’s right now. I don’t want to see these years go by without doing anything significant besides the futility of padding my bank account and buying more toys and gadgets for myself to enjoy.

Thanks for the wake-up call and timely reminder. The 30’s and 40’s will pass by quickly, and soon I’ll be 50 or 60 if I live that long. Even if I’m more financially able to “make a difference” or “do something” or “give back” then, I will likely be less physically able. The principle of compounding efforts and exponential ROI–start small, contribute regularly–perhaps one individual you touch will go on to touch 5 other lives… If I start when I’m “at retirement age,” there’s a whole lot of catching up to do, if by that time I’ve not already become so engrossed in myself and interested in my pleasures and interests to be concerned for others around me at all.

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