Everybody knows a cheap person, and probably hates them. But I think we often mislabel frugal people cheap. These are just my opinions, but here's what I think differentiates the two: Cheap people care about the cost of something. Frugal people care about the value of something. Cheap people try to get the lowest price on everything. Frugal people try ...
I'm tired of people saying "time is money." No, it's not--especially not yours. (more…)
Most adults in America invest in some kind of mutual fund. They’re an easy, hands-off way to buy and diversify part of your portfolio. But there are costs to handing off your investment decisions to someone else. Here I’ll cover the basics of mutual funds, the secret most investors don’t know, and what fund I invest in. ...
Every time I do a summer internship, I lose my mind and start eating out every day. Then about halfway through the summer, I realize I have no money saved up, only fond memories of that taco truck down the street. (more…)
My Free Insider's Kit will show you how to earn more money
Do you have a credit card? If not, you should. A credit card lets you start building credit, which will let you get loans for cars, houses, etc. "But Ramit," you might say... (more…)
Stocks When you own a company's stock, you own part of that company. If it does well, your stock will do well. You can buy and sell whenever you want through your broker or self-serve sites like ETrade or Datek. (more…)