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 27th, 2010
I'm in the middle of my private Earn1k course this week before announcing something next week.
I was doing a live webcast last night and I was trying to make a point, but I wasn't sure how to say it.
It seems like 98% of personal-finance material (blogs, magazines, books) focus on spending LESS -- keeping a budget, saying "no, ...
December 21st, 2009
See the 7 lies below -- plus a holiday gift at the bottom.
1. "I want to make passive income"
I love when people say this because you can tell they have no idea what they're talking about. It's kind of like trying to identify people with bad taste: Just go to the local Hometown Buffett. They're all there.
December 6th, 2009
Why has "Raj," an immigrant who's lived in the USA for 10 years, saved $150,000 in cash, while few of us born here would ever be able to do the same?
I'm fascinated with the differences in how people around the world spend and save money. Having grown up around a lot of immigrants, I can tell you that ...
November 4th, 2009
The webcast is over
Tonight (Thursday, 11/5), I'm doing a live webcast to show you 5 psychological techniques to change your financial behavior. You're learn how to trick yourself to save and earn more using powerful techniques I haven't mentioned anywhere else.
After showing you the new psychological models, I'll do a Lightning Talk to answer YOUR questions. I'll ...