An ode to Jim Blomo

Today I want to take a minute to write about my friend Jim. Here's a guy who embodies what I talk about on this site: getting rich by identifying your priorities, being frugal on things you don't care about and spending on the things you do, taking entrepreneurial risks, and realizing the difference between being sexy and being rich. He ...

8 stupid frat-boy business ideas

First of all, let me say that I loved writing this. See, when I was in college, I would walk by the Quad and see a poster for some new book-exchange service literally every week. "SCREW THE BOOKSTORE!!!" it would say. "TRADE YOUR USED BOOKS WITH THIS NEW SERVICE!" The idea is that bookstores charge too much, so why not ...

The World’s Easiest Guide To Understanding Retirement Accounts

I want to be clear about something: I'm sincerely interested in doing less and less work as I go through my life. That's why I'm always puzzled when I meet people on a career path that will have them working more, not less. That's like being a real-life Mario Brother, where every progressive level you beat means your life gets ...

The Best Decision vs. The Financially Smart One

The financially smart decision isn't always the right one. When I say this, it usually irritates engineers and economists, who love to believe that we all behave rationally. This just makes me even more gleeful, resulting in an upward spiral of doom. Seriously, I love messing with them. Anyway, my friend told me an interesting story the other day: After ...

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

Cost vs. value: Why I bought a new car

In college, I drove a rickety-ass minivan that my parents let me use. Here's how bad it was: It shook so badly that when I drove it on the freeway, I always drove in the right lane so that when it broke down--not if--I could simply pull over gracefully. When I took it to get a smog check, which of ...

Your College is Not a Technical School

I went to school with some of the smartest people in the world--people whose knowledge and insight would stun you regularly--but you wouldn't always know it. Maybe it was the guy who didn't know how to pump his own gas, or the girl whose monotone voice and paragraph-long questions made me want to jump off a bridge and stab myself ...