My $100,000 friend

"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 Expensive apartment Credit card debt from spending on things like going out frequently, shopping, travel Student loans It's a combination of high ...

Attention whiny complainers: Why you STILL aren’t saving money

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 ...

Why do delusional people think their spending will be different than other people’s?

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 ...

Why you should stop complaining about Obama and the budget — and fix yourself first

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 ...

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

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:...