Scrooge Strategy

Time spent reading blogs vs. managing money

blog.jpg

To post this image on your blog, MySpace, etc:

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

Get chapter 1 of my New York Times best-selling book for free

Sign up for my newsletter and I will send you my first chapter instantly

  • Free negotiation scripts
  • Bonus entrepreneurship videos
  • Tactics to earn more money

7 comments

Leave your own

  1. 1
    October 23, 2006

    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. 2
    October 23, 2006

    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. 3
    October 23, 2006

    That picture is terrible.

  4. 4
    October 23, 2006

    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. 5
    October 23, 2006

    That picture is great.

  6. 6
    November 5, 2006

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

    williamhowardtaft
    Editor, Popularparanoia.com

  7. 7
    November 29, 2006

    And she only types with those five fingers!

How much have you saved
using Ramit's advice?





$
Only numbers please