Comments on: How to save money on your worst problem areas http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/ Personal finance blog for college students, recent graduates and everyone else -- including entrepreneurship -- for getting rich. Featured in the Wall Street Journal and New York Times. Sun, 21 Mar 2010 02:45:13 -0700 http://wordpress.org/?v=abc hourly 1 By: Sunday Links | Centsability to Wealth http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88603 Sunday Links | Centsability to Wealth Sun, 08 Feb 2009 18:25:21 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88603 [...] at I Will Teach You to Be Rich put out a new video on how to save money on your worst problem areas.  These videos from Ramit offer a nice change of pace from the typical [...] [...] at I Will Teach You to Be Rich put out a new video on how to save money on your worst problem areas.  These videos from Ramit offer a nice change of pace from the typical [...]

]]> By: Melissa http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88488 Melissa Sat, 07 Feb 2009 00:45:45 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88488 Bob - You bought a dell? Your frugal ass should have saved some more money about bought a REAL computer. -Mel Bob -
You bought a dell? Your frugal ass should have saved some more money about bought a REAL computer. -Mel

]]> By: Kevin K http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88403 Kevin K Thu, 05 Feb 2009 20:59:49 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88403 Ramit, You are definitely correct about focusing on certain areas. Recent studies have shown that males spend 54% of their income on food (in their 20s) and females ~48% on clothing. If you cut 1/3 of food costs in a particular month, as a male, you can save about 18% of your income. Even with a conservative estimate, 10%-15% in the long run is not bad! lol @ mcara's post. Ramit,

You are definitely correct about focusing on certain areas.
Recent studies have shown that males spend 54% of their income on food (in their 20s) and females ~48% on clothing. If you cut 1/3 of food costs in a particular month, as a male, you can save about 18% of your income. Even with a conservative estimate, 10%-15% in the long run is not bad!

lol @ mcara’s post.

]]> By: Pev http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88270 Pev Tue, 03 Feb 2009 17:38:49 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88270 I tried doing that approach but I think it takes more discipline. spend about a thousand every month eating out because I don't have the time to really cook. :( I tried doing that approach but I think it takes more discipline. spend about a thousand every month eating out because I don’t have the time to really cook. :(

]]> By: Ramit Sethi http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88182 Ramit Sethi Mon, 02 Feb 2009 18:36:23 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88182 Damn. You're right. I hate you for pointing this out. Damn. You’re right. I hate you for pointing this out.

]]> By: mcara http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88179 mcara Mon, 02 Feb 2009 18:10:47 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88179 Ramit You often talk about spending money to save money. You could always take some of that eating out money and take a cooking class. The rewards? 1. you would be able to cook 2. you would save money on eating out 3. you would impress a date with a romantic dinner at home just for her 4. you would not have to spend a lot of money on a romantic dinner out. Ramit

You often talk about spending money to save money. You could always take some of that eating out money and take a cooking class. The rewards?
1. you would be able to cook
2. you would save money on eating out
3. you would impress a date with a romantic dinner at home just for her
4. you would not have to spend a lot of money on a romantic dinner out.

]]> By: Dan Parhar http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88174 Dan Parhar Mon, 02 Feb 2009 16:59:44 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88174 i could imagine spending a 100 dollars a month on groceries if i were eating out tonnes, but to only spend 100 on groceries and only 100 on going out? I dont know how i could handle that. i could imagine spending a 100 dollars a month on groceries if i were eating out tonnes, but to only spend 100 on groceries and only 100 on going out? I dont know how i could handle that.

]]> By: jeffkuo http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88138 jeffkuo Mon, 02 Feb 2009 06:45:26 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88138 Hey. I think I spend about $100 a month on groceries as well. At least under $150. 90% of what I eat is: -Some grain (pasta, rice or bread) -Milk, cereal -Eggs -Canned Tuna -Frozen meat and vegetables -Beans -Peanut butter -Junk As I'm reading that now, I understand that it sounds pretty ridiculous. But I don't feel like I'm suffering for it. I do eat out every so often, but I find that $25 a week on groceries is very do-able. I eat a lot too. Hey. I think I spend about $100 a month on groceries as well. At least under $150.

90% of what I eat is:

-Some grain (pasta, rice or bread)
-Milk, cereal
-Eggs
-Canned Tuna
-Frozen meat and vegetables
-Beans
-Peanut butter
-Junk

As I’m reading that now, I understand that it sounds pretty ridiculous. But I don’t feel like I’m suffering for it.

I do eat out every so often, but I find that $25 a week on groceries is very do-able. I eat a lot too.

]]> By: Cathy http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88115 Cathy Mon, 02 Feb 2009 02:50:52 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88115 Uhhh yeah...$100/month for groceries? I am a decent cook and prepare a lot of my own means, but even when I was single I couldn't do $100/month. And I'm a bargain shopper. But still. $600/month for one person eating out?? o.O Ramit, I can't believe your mom isn't chewing you out for this! Uhhh yeah…$100/month for groceries? I am a decent cook and prepare a lot of my own means, but even when I was single I couldn’t do $100/month. And I’m a bargain shopper.

But still. $600/month for one person eating out?? o.O Ramit, I can’t believe your mom isn’t chewing you out for this!

]]> By: Sri http://www.iwillteachyoutoberich.com/blog/how-to-save-money-on-your-worst-problem-areas/comment-page-1/#comment-88114 Sri Mon, 02 Feb 2009 02:49:53 +0000 http://www.iwillteachyoutoberich.com/blog/?p=1048#comment-88114 Nice video but the dollar amount special effects were a little distracting. Nice video but the dollar amount special effects were a little distracting.

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