Announcing the new I Will Teach You To Be Frugal

April 1, 2009 · 102 comments

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Forget earning more. Let’s talk frugality

Over the last few months, I’ve noticed a change in the type of posts that my readers are looking for. It’s not about investments, or asset allocation, or entrepreneurship. In this economy, people want to save money — period.

That’s why I launched the Save $1,000 in 30 Days Challenge. That’s also why I launched The Scrooge Strategy.

And looking back, when I launched the Trent/Ramit Challenge, it’s clear I was wrong. I’ve been making fun of frugality tips for too long.

$3.00 lattes? It adds up: That’s over $700 per year, or $17,500 over 25 years (and that doesn’t count investing).

Eating out? Forget it. I’m announcing a new set of tips on how to avoid eating out at any cost.

And finally, going out. Have you ever spend $10 on a cover charge or $9 on a drink? That’s ridiculous. You could be putting that toward your retirement. I’m launching a new series on free things you can do on your weekends and dates instead of spending money.

I’m sick and tired of yuppies saying it’s ok to spend money on $300 purses and new iPhones every year. I’m guilty of this as much as anyone.

Today, I’m announcing a new program because my readers asked for it. I Will Teach You To Be Rich Frugal will be the new name of the game. I hope you guys understand.

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102 comments

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1 Moneymonk April 1, 2009 at 7:47 am

I was frugal until I received my AMEX black card, so much for frugality

2 Russ April 1, 2009 at 7:50 am

ANOTHER April Fool’s ‘joke’. The web is basically unreadable on April 1st.

3 Jim Bob Howard April 1, 2009 at 8:03 am

Great joke!

But then, I actually saved/earned $18,700 in ’08 using coupons for groceries.

Can’t wait to see your new Frugal tips! :D

4 sinda April 1, 2009 at 8:08 am

happy April 1 to you too!

5 Zach April 1, 2009 at 8:08 am

Whew! You really scared me for a minute there.

6 Eric S. Mueller April 1, 2009 at 8:22 am

I don’t like the physical type AF jokes, unless I’m watching them be done to other people. I do like the intellectual ones. Gmail Autopilot is my favorite this year.

Ramit, don’t forget teaching people to get the free phones on contract rather than a subsidized iPhone. You can save hundreds with a free, cheap phone.

7 mskonfa1990 April 1, 2009 at 8:23 am

Really funny; yup you cannot believe anything you read today

8 Philip Arthur Moore April 1, 2009 at 8:24 am

Thank you SO much for starting this amazing series! You know, I had you all wrong, Ramit. I thought you were out of your mind to endorse certain activities like drinking $3.00 lattes every day or paying massive cover charges to go into a club. This is exactly what I’ve been looking for from this blog since it launched. I’m going to forward this to my friends and family and let them know that you have expanded your offerings to readers, and encourage them all to stay tuned. /sarcasm Happy Fool’s Day!

9 Amber Cheek April 1, 2009 at 8:25 am

Happy April fools to you too, Ramit…

10 Chris April 1, 2009 at 8:27 am

Oooh Ramit. Here I am messing with peoples’ printers to read “Insert Coin” instead of “Ready”, and you’re outdoing yourself. Clearly I was “doin’ it wrong”. =p

Keep up the good work, bro.

11 Rachel April 1, 2009 at 8:28 am

The video is HILARIOUS! Dangerous to watch at work, since I practically shrieked with laughter.

12 Frugal Fundamentals April 1, 2009 at 8:28 am

Yikes, my coffee went down the wrong pipe when I read this! Thank heavens its April 1! Leave the Frugal Fundamentals to me… You work on making me rich :)

13 The Impecunious Investor April 1, 2009 at 8:31 am

Props Ramit, that was hilarious!

14 Mike Figueroa April 1, 2009 at 8:32 am

That was EXTREME!

15 Sarah Eliza April 1, 2009 at 8:34 am

Haha! Yeah, the video is pretty great. “Extreme pennies” lol. Especially knowing the history, an excellent April Fool’s joke…

16 michael April 1, 2009 at 9:00 am

finally, you come to your senses ramit! ;-)
you should have also purchased http://www.iwillteachyoutobefrugal.com/ to take this joke all the way!

17 Dan Koifman April 1, 2009 at 9:01 am

Freaking awesome. Happy April fools :)

18 candice April 1, 2009 at 9:03 am

HILARIOUS!

My officemates are terrified of my laughter today. Great job, Ramit!

This clip makes me want to put on my aviators and play Sabotage on Guitary Hero all day!

19 JimE April 1, 2009 at 9:17 am

The frugal cam put me on the floor. That was splendid.

20 AAR Rachel April 1, 2009 at 9:26 am

I thought that mirror in the beginning of the video was a ledge. And seeing that black blob (of hair) emerge was actually kind of scary. What has extreme frugality done to Ramit’s apartment, I wondered. Produced extremely frightening pests?

21 Kelly April 1, 2009 at 9:27 am

Thanks so much for the laughs!
What an awesome, I mean EXTREME video.
You really should have your own show. ;)

22 Lisa April 1, 2009 at 9:33 am

Har har har

23 JB April 1, 2009 at 9:38 am

Happy April Fool’s day to you too.

I was laughing so hard I started to cry watching that, you made my morning!

24 caroline April 1, 2009 at 9:47 am

but i still want to be rich! :)

25 Luke April 1, 2009 at 9:48 am

What are you going to do about your book royalties after you suggest that everyone get your book at the library?

26 Shanna April 1, 2009 at 9:57 am

Hilarious! It’s eXXXXtreme!

27 rrpf April 1, 2009 at 10:17 am

too bad your new car justification post wasn’t an April Fool’s joke.

28 rrpf April 1, 2009 at 10:17 am

that said, this video is hilarious!

29 Stephanie PTY April 1, 2009 at 10:21 am

Nice, Ramit. The video was awesome! I particularly enjoyed “WELL NOW IT’S GOING TO COST YOU YOUR FACE!”

Oh, and just to be the annoying frugal person as usual, I do save my dryer lint. Only, uh, not to make blankets. It makes really awesome tinder for a camp fire, and I’m a big camper, so it makes sense for me. Just sayin’! :)

30 Ananth April 1, 2009 at 10:36 am

Awesome!

I had to call the toll free # for the hell of it and of course it was a sex line….frugal phone sex, ha ha ;-)

31 Marisa April 1, 2009 at 10:57 am

That’s hilarious… but what does it say about me that I’m more concerned for the tree than for the guy who ended up with a face full o’ latte?

32 Yash April 1, 2009 at 11:10 am

This is amazing Ramit! I love it! This got me laughing!

33 Jared O'Toole April 1, 2009 at 11:18 am

3.00 lattes? It adds up: That’s over $700 per year, or $17,500 over 25 years (and that doesn’t count investing).

Big numbers there. People never even realize

34 Pratik Stephen April 1, 2009 at 11:20 am

hahaha
I’m soooo buying http://www.IWillTeachYouToBeFrugal.com! ; )

35 Ryan Graves April 1, 2009 at 11:22 am

Well played!

36 Justin April 1, 2009 at 11:35 am

Do you have any tips for the re-use of toilet paper? It costs so much and it’s like flushing money down the toilet. Regular tree leaves would hurt. Maybe there is a tree with softer leaves I can plant? I can’t wait to receive my copy of Let’s Get Rich Bitch!

37 Moneymonk April 1, 2009 at 11:45 am

LOL @ the latte scene

38 James April 1, 2009 at 11:45 am

Convincingly written, though. :)

39 kiwi April 1, 2009 at 12:04 pm

loved it, nice job Ramit

40 Nanda April 1, 2009 at 12:04 pm

You are a sick sick man.. funny as heck.. but still sick…
:)
Happy April Fools Ramit!

41 Paweł Kata April 1, 2009 at 12:51 pm

OMG! I laughed my a** off :D

42 Kevin Blanchard April 1, 2009 at 12:52 pm

LOL, that video was incredible! I’m still laughing.

43 Battra92 April 1, 2009 at 12:55 pm

Chris, I think you were doing it right. Gotta love those old HP Printer hacks.

44 wedward April 1, 2009 at 1:21 pm

damn I’m glad this was a fool’s joke… I hate the internet today. time for another latte…

45 Catherine April 1, 2009 at 1:33 pm

bwahahaha, love it!!

46 topseekrit April 1, 2009 at 1:46 pm

Dang you look real fly with those shades on ;-)

This was a funny post, thanks for the laughs. It would be cool if you showed us how you create your videos, they’re awesome. Keep ‘em coming.

47 MissLiberty April 1, 2009 at 1:55 pm

omg, I never knew tea could burn coming out your nose! I haven’t laughed that hard in a long time. That was crazy and EXTREME! Awesome job on the video and the book!

Keep up the good work,
MissLiberty

48 stephanie April 1, 2009 at 2:07 pm

The acting and video production skills just keep getting better!

49 Dave April 1, 2009 at 2:21 pm

good thing i went to the bathroom before i watched this video. wouldn’t want to piss myself now. gg

50 styleosophy April 1, 2009 at 2:41 pm

*hilarious*

loved the aviators!

51 rob April 1, 2009 at 2:46 pm

ha! this is april’s fools, didn’t fall for it! :D

52 Snowballer April 1, 2009 at 3:05 pm

Hilarious.

“Let’s get rich, bitch!” Ha ha love it

53 SC April 1, 2009 at 3:29 pm

sign me up!

54 Dollar Dream$ April 1, 2009 at 4:10 pm

Ramit, you rock dude!! Although I knew within 5 seconds that this is April Fool’s joke, it was hilarious to watch!

Man you are getting good at making funny videos!! Freakin Awesome!!

55 Elizabeth April 1, 2009 at 6:59 pm

HAPPY APRIL FOOLS DAY to you too! :)

56 Nikc April 1, 2009 at 8:02 pm

The end should of just had a link to a $19.95/month Scrooge Strategy subscription.

57 Eric S. Mueller April 2, 2009 at 3:29 am

I wish I’d thought of this yesterday. Next year you could do “I WIll Teach You To Be Broke”.

58 Holly April 2, 2009 at 6:57 am

Way to bring back your “things I hate”!

59 Harkins April 2, 2009 at 6:58 am

OMG I’m laughing so hard my coworkers are staring at me! That was hilarious! Love it! :-D

60 maria April 2, 2009 at 7:38 am

The video is just awesome and original. I liked your idea of using leaves instead of klinex :)

61 maria April 2, 2009 at 7:40 am

I was confused for a second when I start reading ..brrr

62 Paul Higbie April 2, 2009 at 8:02 am

I like the new idea regarding frugality but I find real value in your other posts. Perhaps the frugality could be a regular feature but not at the expense of the other valuable information you provide.

63 literally two dollars! April 2, 2009 at 8:37 am

This video is incredible. “Buying Kleenex from the store can LITERALLY cost $2! It’s a scam to keep the average American in the poorhouse.” Extra points for the implicit conspiracy theory (Kleenex is totally in on it with Visa) and use of the word “poorhouse”

64 RyansDad April 2, 2009 at 9:00 am

I loved the video by the way!!

65 Delirium-Zer0 April 2, 2009 at 9:21 am

This made me laugh so hard. XD “Now it’s gonna cost you your FACE!” XD

66 rackgen April 2, 2009 at 9:23 am

ha ha that was funny!
bitch? :-D

67 susan April 2, 2009 at 10:15 am

Uh-huh. Here’s to you, oh “foolish” one!

68 Reader April 2, 2009 at 11:55 am

Nice…I almost deleted bookmark for this site then I stopped and realized what you were doing….

69 Jane April 2, 2009 at 12:55 pm

Amazing! And the aviators ARE hot. You should rock those daily.

70 Ryan April 2, 2009 at 1:00 pm

This is totally awesome.

71 HollyS April 2, 2009 at 1:15 pm

Oh my god, this was hilarious! My favorite part is the penny with Lincoln wearing sunglasses and the gratuitous use of “EXTREME.” One of the few actually funny April Fool’s things I’ve seen today…

72 Juels @ Lovely Las Vegas April 2, 2009 at 1:16 pm

Awesome video. Very funny, great April Fool’s post. As for the tree leaf thing, it made me recall that my mum grew up with an out-house and they did use leaves instead of toilet tissue. Or sometimes Sears catalogs. She didn’t experience indoor plumbing until she went to college.

73 Alexis Martin Neely April 2, 2009 at 1:18 pm

Thank God this was an April Fools joke Ramit! I was outraged and I almost NEVER get outraged. :) You are awesome.

74 AD April 2, 2009 at 1:24 pm

What a waste of a perfectly good latte. You know, there are children in China who don’t have lattes. And pulling leaves off of trees? Not very eco-friendly. Also, did you just call me a bitch?

75 aura April 2, 2009 at 2:21 pm

that is hi-larious…is making me laugh and laugh

76 Cathy April 2, 2009 at 2:36 pm

Oh I see what you did there!

77 Justice~! April 2, 2009 at 3:18 pm

This is one of the greatest things I have ever seen on your blog.

78 DebtGoal April 2, 2009 at 3:48 pm

Now this is what I’m talking about. There’s a million clever yet cheap tricks of the trade that anyone can pull when going out. Drinks, movies, food, dates, — the real enjoyment comes from the people you meet/hang out with and the laughs you share — not making sure to fit the final two shots of Petron at 4am on to your tab at $25.

79 Janet April 2, 2009 at 4:43 pm

Back in the 90s, there was a woman named Amy Dacyczyn who wrote The Tightwad Gazette, volumes 1-3. She used dryer lint to make children’s masks.

80 frank April 2, 2009 at 5:16 pm

hahah… i thot it would be just cheesy.. but it was surprisingly hilarious hehehe :o P :o )

81 Jonathan Radande April 2, 2009 at 5:35 pm

LMAO. I was about to call you the biggest hypocrite until I realized that this was all an April fool’s day joke..nice one.

The video was funny as hell.

82 treeson April 2, 2009 at 7:13 pm

Extreme pennies. lmao.

83 AJC @ 7Million7Years April 2, 2009 at 10:40 pm

Now you tell me to be frugal! Here’s how a multi-millionaire ‘rock star’ blogger blew $7 million in just 2 years (hint: it involves powder and noses and fast cars and even faster women):

http://7million7years.com/2009/04/01/my-7-million-dollar-skid-off-the-rails/

84 Miguel Wickert April 3, 2009 at 5:27 am

Ramit,

I’m enjoying the read (only discovered your site & book) last week via twitter, I believe. Anyhow, appreciate your style, approach and advice. I’m learning tons, for example, I didn’t know some banks offer a secure credit card which helps to build up ones credit. If you don’t know, you can’t ever ask. Thanks again,

-Mig

85 Lauren April 3, 2009 at 11:35 am

Ramit:

I liked you before.

Now I want to bear your children.

86 Kim April 4, 2009 at 12:25 pm

Nice, but I see it’s way easier to be EXTREMELY frugal in California than it is here in NY. In the wintertime, we HAVE no leaves; we have to use TREE BARK for our extreme frugality Kleenex over here, ya elitist piker!

87 Laura @ BeyondBeerMoney April 4, 2009 at 12:53 pm

5 More Wise Penny-Saving Tips:

1) Don’t attend college (too expensive)
2) Take up dumpster-diving to fill your desires for food, shelter, clothing (extra bonus – you won’t need a gym membership!)
3) Don’t use soap (too expensive. also, fairly bad for the environment)
4) When you MUST buy something, at least re-use the receipt by using it as toilet paper
5) Wear underwear 3 days in a row. Day 1 = normal, Day 2 = inside out, Day 3 = backward. No one will know the difference!

88 kevin April 4, 2009 at 2:55 pm

An April Fool’s joke! LOL LOL LOL LOL LOL LOL Is there anything you won’t do for a laugh?

89 Ramit Sethi April 5, 2009 at 11:26 am

I deleted the comment left by Tom Gill. I’m cool with negative comments, but you need to leave a valid email address.

90 Jonathan April 5, 2009 at 1:31 pm

Hilarious video. I like the special effects.

I agree with your philosophy, however, I also think frugality has its place. For example, people who eat McDonalds for lunch every day (I’ve met some) are not only throwing away some money but also throwing away some health. They’d be better off if they brownbagged their lunch.

91 Nate @ Money Young April 8, 2009 at 10:15 am

This is exciting!

-Nate

92 Yassir April 9, 2009 at 12:11 pm

Great vid! Very funny but with a point. Only desis have learned how can make frugality into an art ;)

93 Jan April 13, 2009 at 11:31 am

Very smart book. It had some really great ideas. I am starting off super young because saving is important to me. I love your sense of humor in your book, made it easy to read. Thanks Ramit

94 Michel April 16, 2009 at 6:36 am

Your blog should be called “I will teach you to be obnoxious”.

95 F April 19, 2009 at 11:56 pm

Hilarious video. I’d prefer earning tips over frugality tips though – the latter are relatively easy: track your spending and question everything.

96 Mehul Mike Patel July 10, 2009 at 6:30 am

Extreme Hilarious promo, very interesting, I hope Noah Kagan is still safe :)

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