Time spent reading blogs vs. managing money

7 Comments

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See Part 1, Part 2, Part 3, Part 4, and Part 5 of this series.

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7 Comments

 
  1. 2-hours sounds optimistic for most of the population! My sisters are both in their early 20s and have no clue about saving. The eldest of the two happens to spend most of her money on hanging out with friends, and has recently quit a fairly decent job with no other prospects. The youngest spends all of her money on her dog (she has about a dozen dog collars), and her boyfriend has spent hundreds on Halloween decorations this-year,while delivering pizza for a living……

    Do you think they’re ‘managing’ their finances? :)

  2. On the other side of the spectrum….i sit in class bored and watching the ticker on my various stocks all day until the market closes. I am no day trader…I have not taken money out of a single stock or index fund since their inception, but i do like to see how my money is doing. I suppose watching the ticker or reading blogs for two hours a day are both overkill…. I wouldn’t say one is necessarily better than the other.

  3. That picture is terrible.

  4. In the past my habits have been the inverse of this statement although I’m beginning to see how this might become a reality. Excellent blogs like yours don’t help, Ramit!

  5. That picture is great.

  6. I do not see how they will be all that successful, reading blogs instead of watching money.

    williamhowardtaft
    Editor, Popularparanoia.com

  7. And she only types with those five fingers!