First preview of The 4-Hour Workweek (newly revised)

Two years ago, I wrote a review of The Four Hour Workweek in a review called, "The book that changed my life in 2 hours." Since then, Tim Ferriss has become a good friend of mine and we've traded strategies on writing, testing, and automation. The updated & expanded edition of his book, The Four Hour Workweek, comes out today. I ...

Analysis: 7 readers who saved over $100,000

Do you ever wonder how people who read I Will Teach You To Be Rich actually implement the strategies for huge savings and earning increases? Below are 7 stories, straight from readers just like you, who have saved and earned thousands of dollars using I Will Teach You To Be Rich techniques. The stories include details on how they got ...

5 myths of personal finance (plus: stupid advice)

What are the most common mistakes in personal finance -- especially among blog readers? I recorded a 30-minute interview with Flexo and Tom over at the Consumerism Commentary podcast with extensive notes below. It's called Stupid Financial Advice + The 5 Myths of Personal Finance. Stream the interview or download my melodious voice here. Notes: [00:00] Introduction from Flexo [00:...

Have a mortgage? Save $71,000 in interest payments

I've been hammering on the idea of focusing on the big wins instead of worrying about $3 lattes here and there. It's far better to focus on cutting 25% off the two biggest areas of your spending than to worry about saving 5% on 50 things. Any time you make a major purchase, there is a huge amount of money ...

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

Automating your money — especially entrepreneurs and freelancers

How can entrepreneurs and freelancers with irregular income automate their money? Lots of people have been interested in the section of my book on irregular expenses and income -- like entrepreneurs or freelancers --so I thought I'd go into some more detail on how I handle automation. Brian D. writes: I'm just wondering when you deposit money into your account ...

Personal finance is not about more willpower

Note: The bottom of this post includes a link to the most detailed public description of my own personal-finance system that I've ever done. How often have you heard this? "If I just try harder, I should be able to save more money..." "Yeah, I know I should max out my 401(k)..." "I know, I spent way too much ...