Dumb things I’ve heard in the last 10 years

"You're taking psychology? What kind of pointless major is that?" "I really want to work for X company, but Y pays $10k/year more." "You definitely need to set up a Twitter/FB account. Social media is the most important kind!" "Personal finance is all the same stuff. Spend less than you earn." "If you want to speak at our ...

Why personal finance “experts” continue giving worthless advice

Today, I'll share a behavioral-change technique that's helped me create a New York Times best-selling book, a blog that's been read by millions of people, and a course on earning money that has helped my students earn hundreds of thousands of dollars on the side. In 1954, researchers Hastorf and Cantril published a seminal study in The Journal of Abnormal ...

“He’s passively waiting for his dream career to happen”

Why are some people able to find their dream jobs...when so many others are not? A lot of you know about Earn1k, the course I created to help you earn more money on the side. But I've never publicly mentioned that I also run an accompanying program called Beyond1k, which provides live weekly calls, a Mastermind group, and ongoing ...

Hilarious magazine covers reveal the emperor has no clothes

From a terrific Gawker piece, look at these magazine covers. Notice anything? They're all the same! Magazines are designed to sell advertising, not good financial advice. Yet millions of Americans get their kooky investing ideas from so-called personal-finance magazines. This is why people think "stocks=investing" and are fascinated by alternative investments, but don't know the first thing about setting ...

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

Why are these treehuggers wasting their time?

I love this open letter to the UC Berkeley students who were protesting cutting down trees by living in them. Excerpt: (1) Consider what you are fighting for. "How many trees does UC intend to destroy for its construction project? (Answer: 38). Is the coast live oak an endangered or threatened species? (Answer: No). Will the removal of these individual ...

Attention annoying hypocrites: Stop being judgmental about your friends’ money habits

When was the last time you judged your friends for their poor spending choices? I do it. You do it. We all do it, saying "YOUR spending is bad, but mine is good." And chances are, we're usually right -- since most people are terrible with their spending, they probably can't afford those shoes, trips, or restaurants they're always buying. ...