April 15th, 2010
How many people in your life lecture you about finances, but don't have their own finances under control?
Nothing is more infuriating than someone telling me I'm "throwing away money on rent" when they haven't spend even 2 hours running the numbers.
Or someone who proudly proclaims that they found a higher interest rate on a new bank, which is ...
March 21st, 2010
"I had more spending money in college when I was a student working a part-time job."
--A friend who earns over $100,000/year.
How does this happen?
Factor in the following:
Urban living, including going out frequently
Credit card debt from spending on things like going out frequently, shopping, travel
It's a combination of high ...
January 5th, 2010
Earlier this week, I announced that 2010 is the year where I want to help you earn more money. This is the "E" part of my CEO Model: Cutting costs, Earning more, and Optimizing spending.
I was really surprised with how much this struck a chord. You'll notice 150+ comments asking for specific areas you want me to cover. Read ...
September 8th, 2009
It is an indisputable fact that anyone who drives a BMW 2-door coupe is an asshole. They talk on their phone loudly, drive recklessly, and wear extremely large sunglasses. In fact, an even better litmus test is observing how these drivers park: If they back into a parking spot instead of parking nose-first like normal people do, you can be ...
August 31st, 2009
I wrote this a few months ago, when the entire country was freaking out about Obama's budget and the bailout, but never got around to posting it. Even though it's a few months old, I cover why people love to complain about taxes, macro-policy questions, and Obama, but fail to spend even 1 hour managing their own money.
* * *
Turn on ...
July 24th, 2009
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.
[00:00] Introduction from Flexo