Letting your parents manage your money is dumb

A few weeks ago, one of my friends IMd me to ask what she should do with her money. She typed like 15 lines of detailed financial questions, background information, and intricate questions, and then waited for my answer. I thought it would be fun to mess around with her so I waited a few seconds and then asked her ...

Random links for your Friday–and what’s coming up

Dear lord raising a baby is expensive. Mad Anthony writes on the elasticity of gas prices, which made me think about my own budgeting. Money lessons from Dad. My favorite is #1. First-hand account of how women are discriminated against when buying a car. Ok, I have a few things coming up on here. First, I'm writing an article on ...

Your credit card interest rate doesn’t matter

Ok, I've gotten some heat for this idea, but I don't care. I'm tired of hearing people bragging about their credit card's low interest rate. Here's why I don't care whether it's 5% or 80%. (more…)

WSJ: “Finding time for personal finances”

Terri Cullen, who previously covered IWillTeachYouToBeRich in the Wall Street Journal, writes a great new column on making time to manage your finances: (more…)

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

Welcome Worthwhile readers!

Anita Sharpe from Worthwhile Magazine pointed her readers to IWillTeachYouToBeRich. Welcome! This is a personal-finance site for college students, recent college grads, and everyone else. It's about getting rich, but more importantly finding out why you want to be rich. Take a look around, (start at the Table of Contents if you like) sign up for the free newsletter, and ...

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Oh god

If, when eating dinner with friends, you pay for the bill with your credit card and your friends give you cash, don't do what I do. Don't think "Wow! $50 extra cash in my wallet!" NO!!! Put it in the bank!! I just checked my statement and I have like 5 charges of $50, $64, $25, etc. Then, like in ...