Time spent reading blogs vs. managing money

October 23, 2006 · 7 comments

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1 NLG October 23, 2006 at 10:43 am

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 Jonathan Chock October 23, 2006 at 2:07 pm

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 Carlin October 23, 2006 at 3:57 pm

That picture is terrible.

4 Josh October 23, 2006 at 7:00 pm

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 Miguel October 23, 2006 at 7:30 pm

That picture is great.

6 william howard taft November 5, 2006 at 8:45 am

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

williamhowardtaft
Editor, Popularparanoia.com

7 J RAY November 29, 2006 at 9:36 pm

And she only types with those five fingers!

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