Get my 5-day email funnel that generated $400,000 from a single launch

Want an email sales funnel that's already proven to work? Get the entire word-for-word email funnel that generated $400,000 from a single launch and apply it to your own business.

Yes! Send me the funnel now
Start Here: “The Ultimate Guide to Making Money”

I Will Teach You To Be Rich featured in US News & World Report online

13 Comments- Get free updates of new posts here

0

usn-logo.png

I’m featured in US News & World Report’s Alpha Consumer blog today. (New US News readers, please click here for an easy-to-use introduction to this blog.) Kimberly Palmer, a US News reporter, asked me these questions (and a few more):

  • “There are so many books out there on young people and money…what’s different about your advice?”
  • “What kind of stories do you hear from your readers who are frustrated with their financial experiences?”
  • “Name three things young people can do to improve their financial situation.”

In my responses, I discuss why personal-finance advice is usually boring, give some quick tips for getting started, and threaten to commit suicide if I read another column about not spending money on lattes.

Click to see my answers.

0

Related Articles

standard post picture

Starting back from zero

If I had to do it all over again, could I? If I had to start my business over -- ...

Read More
standard post picture

How to ask for a favor (and get what you want)

Every year on my birthday, I ask my readers to do me a simple favor. I tell them to leave ...

Read More

13 Comments

0
 

Leave a Reply

13 Comments on "I Will Teach You To Be Rich featured in US News & World Report online"

Notify of
avatar

Sort by:   newest | oldest
Adrienne
Adrienne
8 years 10 months ago

Whoa – you had me gasping by the first paragraph when you said that “half of recent college grads have failed to pay some of their debt.” Where did you get that number? (Yay for Stanford-trained dweebery…citations, please :)).

The Dividend Guy
8 years 10 months ago

In the article you sum up the whole issue with the personal finance world in 7 words:

“There aren’t any secrets to personal finance”

Saving and investing is not rocket science. Good article and congratulations on being profiled.

The Dividend Guy

Mario Sanchez
8 years 10 months ago

Good advice on the first one of the three things. I see people spending so much time researching stocks to death, as if that would make any difference (if not, ask 90% of the mutual fund managers)… The law of diminishing returns certainly applies to the time spent researching stocks. It’s better to start early with an index fund and use the extra time to build wealth, pursue entrepreneurial projects, etc.

Good luck with the book!

Mario.

Akhil
Akhil
8 years 10 months ago
ok….I gotta get something off of my chest. First of all, what you have been writing about here makes total sense. I have been following this blog off and on for about 8 months now….. But also, to be fair, nothing you say is particularly innovative or beyond common sense. All of this info can be easily had by anyone with the slightest ability with Google. I look at this site, the company you started, and all of the information therein, and I see another person who is very likely wildly successful. Yet the catch for me is that there… Read more »
Idea Senator
8 years 10 months ago

Congratulations! You deserve it!

Aara
Aara
8 years 10 months ago
Akhil: For many many people, almost every self-help blog or book is “obvious.” For example, Steve Pavlina makes $1K/day off his blog and almost every post is something me and my friends already know. It doesn’t mean his blog is just marketing of old information. The fact that it is popular shows that some people are benefiting (or just like to read) his posts. This also applies to ZenHabits and all the rest. This is the Internet. The reason you can make a successful business just selling software that defrags your PC or changes your IE’s homepage back to the… Read more »
Akhil
Akhil
8 years 10 months ago
Aara, I take your point — and I think I was making exactly the same point in my post. But where you celebrate this marketing opportunity, and the choice it give people, I see it as just more dross in the public sphere. Don’t get me wrong, I see clearly the ways the internet democratizes processes such that anyone with an idea can advertise/market what they have to sell. But this democratization has its cost in that success is measured not in terms of any originality or value of the product as such, but in the effective marketing of the… Read more »
Mario Sanchez
8 years 10 months ago
Akhil: The Internet (and particularly blogs) has turned information into a commodity. Virtually anything you write can be found somewhere else with one click of your mouse. While there is ample supply of information, there is a very short supply of attention, and only those who are able to capture that attention will be successful. In this day and age you don’t capture attention with advertising (or what you may call marketing fluff). You do it by engaging your audience in a two way conversation. Let’s review a few things Ramit has done right: a) He’s spent almost three years… Read more »
Meg
8 years 10 months ago

Your US News article has been added to the Yahoo! Finance homepage as the first part of a 3 part series on 20-something finances! You’ll surely have a jump in clicks tomorrow… 🙂

Tom
Tom
8 years 10 months ago

Sethi complains of personal finance books that “most of them repeat the same old–and unhelpful–story. “, and further states “that personal finance has been taught by old white men for old white men for way too long.” Then he proceeds to provide us with the brand new, groundbreaking, earth-shattering, game-changing advice of:
1) start early
2) invest in an index fund
3) budget wisely
4) buy and hold
Sethi is the one making money by repackaging the same old (good) advice one more time.

Tim
Tim
8 years 10 months ago
Tom, I agree. When someone says that there are no secrets to personal finance, that is a repeat of the same old story taught by old white men. it’s how you package, market, etc. the message. there is nothing different between strategic purchasing and not buying another latte, it’s the same thing. there is nothing special about gen x, y, z: they still don’t want to hear what the old folks say, just like younger generations before them. everyone, especially the gen x, y, and z’ers think they are so much different and so much misunderstood when in fact this… Read more »
jen_chan, writer SureFireWealth.com

It’s refreshing to hear such clear and possible answers. I just came from the US News link and read your answers word per word. The statistics you gave in question number one shocked me. I didn’t realize how “split” ( for lack of a better term at the moment) the financial situation of gen Y is. On one hand, you receive lower income (compared to the past generation) and on the other, you have the choice of luxuries that didn’t exist before. If this is the case now, what do you think is in store for the future?

AuntEm
AuntEm
8 years 1 month ago

I think Akhil may be “too old” to benefit from this blog – I definitely am at 51 in terms of the information offered, but I’m learning a lot about my children’s generation.

wpDiscuz