Featured on ABC News webcast — watch the video here

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Featured on ABC News webcast — watch the video here

39 comments — written on January 24th, 2008

I was featured on an ABC webcast with Charles Gibson today.

abc-news-with-charles-gibson-introducing-iwillteachyoutoberich.png

See the webcast here or get it on iTunes (warning: it’s a little cheesy). I’m still getting used to the camera-in-the-face thing. Let me know what you think in the comments!

* * *

If you’re a new reader from ABC News, welcome.

I’m a recent Stanford grad and this is a blog on personal finance and personal entrepreneurship for college students, recent college grads, and everyone else. (Featured in the Wall Street Journal, New York Times, Boston Globe, US News & World Report Online, etc.)

This blog is me ranting about a few things and trying to get the points across. Getting started is more important than being the smartest person in the room. Making mistakes is ok. Action is more important than reading 50 blogs. Ordinary actions get ordinary results. And there’s a difference between being sexy and being Rich.

Here’s a quick guide to get started:

Introductory Articles
Why do you want to be rich?
The Best Decision vs. The Financially Smart One
Cheap versus frugal
A big fear I have of this site
2006 Makeover, Step #4: Open your retirement accounts

Investing
Chicken Little and Kooks Who Don’t Know What They’re Talking About
An analysis of 1000+ IWillTeachYouToBeRich survey responses– and some new decisions (Best feedback ever)
Dumb: “Don’t invest; you can’t beat the pros”
All about stocks and bonds
All about mutual funds
Read Warren Buffet’s letters

Personal Entrepreneurship
Set smaller goals: impress friends, get girls, lose weight
Barriers are your enemy
I Hate Indian Network Marketers So Much
We love to debate minutiae
Your College is Not a Technical School
On greed and speed
The Myth of the Great Idea

Miscellaneous
Here are 50 books I recommend
What are we doing on this site?
I bought a tie (I love this post because of how angry the comments are)
Cost vs. value: Why I bought a new car (Sorry guys, but I stand by what I wrote)
Probably one of the best comments this site has ever gotten
Boy am I stupid

Saving
Conscious spending: How my friend spends $21,000/year on going out
Here’s how I set up my financial accounts
Letting your parents manage your money is dumb
The Power of Compounding
Time is NOT money–at least, not yours
Cook at home, you lazy bastard
An Ode to Jim Blomo

Full list of articles
The I Will Teach You To Be Rich Table of contents (hundreds of articles)

How to subscribe

And you can always email me. Thanks for reading.

39 comments

Leave your own

1

January 25, 2008
Paul Singh

About the camera-in-the-face thing – it reminds me of a talk show host or something along those lines. In any case, I want your autograph on my desk first thing tomorrow morning. Actually, I want an autographed copy of your ebook – yeah, that’s what I want.

Seriously though, this is awesome – congrats, Ramit.
2

January 25, 2008
FMF

Congrats! You’re the man!!!
3

January 25, 2008
Frugal Dad

Enjoyed the ABC piece – I thought it came off very well. I agree with your sentiments on teaching young people about money. Unfortunately, it is something we don’t do very well in this country at the public education level. Keep up the great work!
4

January 25, 2008
sabrina

Ramit, what percent of your blog posts are completely useless to your loyal readers? If I had more time I’d calculate it, but it’s definitely too high.
5

January 25, 2008
David Cox

Excellent advise Ramit!

Keep up the good work!
6

January 25, 2008
Online Money Finance

Way to go Ramit!

Don’t fret about the camera in the face thing, it was very well done. You’re a true inspiration.

Thanks for your blog and daily advice, and congratulations!

-=[OMF]=-
7

January 25, 2008
Steve

Hey Ramit! I saw this webcast on my zune this morning. You seem like a cool guy who’s really taking an easy-to-understand, common sense way to approaching personal finance. I am in the middle of getting a budget together for myself, and I’m sure your blog will really help.

I have been using http://www.wesabe.com to keep track of my accounts and spending online. It’s a pretty cool tool. Maybe you should review it sometime.

THANKS!
8

January 25, 2008
Kent Irwin

Ramit, Great piece. I liked it a lot. Very fresh and positive. Keep up the good work. Particularly good was your comment about stocks, so much craziness out there when it comes to buying stock and the stock market. I saw a commercial the other day showing a guy who is so excited that he bought stock online in China – pretty silly.
9

January 25, 2008
Kiran

Awesome, I’m glad to see you’re getting some recognition for the good ideas you’ve been spreading around.
10

January 25, 2008
Christina

I agree with Sabrina……

You’re great in front of the camera. Good job
11

January 25, 2008
moneymonk

sweet, you look more mature without the glasses
12

January 25, 2008
Mr. Sir

@ Steve, you just actually admitted in a public forum that you own a zune. Buy an iPod.
13

January 25, 2008
Chris

@ Sabrina… “Making mistakes is ok” may not have been the focus of this blog post, but it was in there and when I read it I repeated it to myself a few times because sometimes I forget that and focus too heavily on the mistakes instead of the progress I’ve made. So I guess it depends on what one considers useful. And not all information is useful the first time we read it, so maybe on a different day this post may resonate differently.

Now if Ramit would just stop posting links which feed my pen fetish…
14

January 26, 2008
Junn Bug

I saw the ABC World News Webcast yesterday and that’s how I first got to know about your blog. So I put in “I will teach you to be rich, blog” in the Google search box and that got me here. And now I subsribe to your blog. Thanks for all that info!
15

January 26, 2008
John Thomas

Seriously, you did a great job on camera. You were articulate and showed passion for your topic. Congrats. Hopefully this will continue to open doors for you.
16

January 26, 2008
» Completely Redesigned High-Yield Interest Rate Page (and Blog Roundup) on Consumerism Commentary: A Personal Finance Blog

[...] Ramit Sethi of I Will Teach You To Be Rich was featured on an ABC News [...]
17

January 26, 2008
Flexo

Nice segment, good job!
18

January 26, 2008
Pamela Slim

Great job Ramit … I loved the piece.

You are a natural in front of the camera. Anderson Cooper, watch out!

And … common sense is rarely common practice. Keep hammering away at the basics, because that is what the majority of people need.

Keep on working it!

-Pam
19

January 26, 2008
JT

Great job on camera, congratulations!
20

January 26, 2008
AS

I read your blog on a semi-regular basis. I find you preachy. I keep coming back because I hope it will be less preachy. I have to say, after watching the ABC piece, I will be visiting regularly. Your blog photo does not do you justice. You are adorable on camera. Congrats!
21

January 27, 2008
WB

Ramit,

So nice to see you getting some air time! I love coming home after a long day at work and reading what you have to say.

Keep up the good work.
22

January 27, 2008
Rickina

I think you did a fabulous job. Great straight to the point information, well told and I actually got it. And most of the things my husband and I do now. Nice…
23

January 27, 2008
Kirk

Great job! Super advice delivered in such a short time frame.

Congrats!
24

January 27, 2008
Rita B

Excellent and above poster is correct-you are better looking than I knew.
25

January 28, 2008
Fernando C

Nice segment. One comment about the site though: can you add an rss link? It will so much easier if I could log into Google Reader and read you latest content.
26

January 28, 2008
Tillman

I think you did a phenomenal job! I am sure that a lot of financial people are scratching their heads about the powerful advice given in manner that anyone should be able to follow. I showed it to some of my business partners and they are so impressed they have been reading your blog most of the afternoon. Keep up the good work.

Tillman
VP Operations
Vast LLC
27

January 28, 2008
Aaron S

You nailed it man.

IWTYTBR reader for one year strong!
28

January 29, 2008
KS

Great job Ramit! You looked like a pro.
Very professional.
We need more people like you, this stuff should be taught in high schools.
29

January 29, 2008
jblee

Great video Ramit! Using easy-to-understand words in personal finance is just right for the individual who’s starting to grasp the concept of frugality and smart financial decisions, while keeping it professional.

Fernando C: Google Reader has an RSS feed for Ramit’s blog. It’s under the finance section.
30

January 30, 2008
Blair

Ramit,

I think you did a fine job. You also did a great job of summarizing the basic principles that you put forth on your site. Overall, great work!
31

January 30, 2008
Chris Sundberg

Ramit,

I thought it was excellent. Keep up the good work.

-Chris S
32

January 30, 2008
Missy

hey, you should talk with ABC news about bailing out that family in Clayton, NC. Such a bad idea… They had an $175,000 ARM and was crying about the rate going up so fast and how they couldn’t keep up with the payments all the while they have a big home, fancy pool table and kickin’ dish network.. blah.

Great to see that you’re getting some national coverage. you should smile more often.
33

January 30, 2008
Jonathan Bennett

That was excellent, Ramit. You seemed very natural to me. Nice job.
34

January 31, 2008
Working Dollar

Ramit,

That was very well done, not too in your face at all. I think your got your message across very well, and camera was nice to you. In other words, you looked natural, like you belong there. Great piece.
35

January 31, 2008
Saurabh

Have a Mac, so thought of watching it in iTunes, it downloaded 85Mb of data, watched it, but no sign of Ramit Sethi! Watched it again, chapter by chapter, only to realize that I was watching yesterday’s (30th Jan) show and my RSS Reader mentioned the blog post date as 24th Jan. So came again to the post, and this time clicked on the webcast instead of iTunes and it worked fine.
iTunes link doesnt work and it just subscribes the ABC World News. Nice feature though, seems like you are already becoming a celebrity!
36

January 31, 2008
elburro

i also agree with sabrina…

why is it you have to make a “welcome / site roundup post” everytime you’re “featured” somewhere? i mean its ok the first time but this is like the 3rd time already… if the people want to know more, they’ll eventually click on your articles
37

January 31, 2008
jen

very cool. you can be an ABC financial correspondent now!
38

February 1, 2008
Bobby Saini

Congrats! You pulled it off really well. Like Paul I would like an autographed copy of the e-book as well, I will get it from him when I make it over to the West Coast. Congrats once again, you deserve it.
39

February 5, 2008
I Will Teach You To Be Rich » How a pro does it — My friend Rachel made $1,000 an hour negotiating a new job

[...] [I was featured on Yahoo News and the Huffington Post. New readers, click here for a 1-page introduction / list of my most popular articles.] [...]