Tell me a story. How has the IWillTeachYouToBeRich blog changed your attitudes or behavior about being Rich? One specific example would be great.


I learned about Vanguard from your site and the difference between an index fund and mutual fund (... and the importance of looking at the cost of a fund in addition to its performance).

Hmmm. Can't think of any.

-figuring out what's important for me and worth spending money on versus the things I was spending on juse to 'keep up' with other people.

never too early to begin. earlier is better.

Ugh...I can't perform on demand!

I would say that reading IWTYTBR makes me really consider the viability of certain technical ideas in the marketplace. As a technically oriented person I find myself easily sliding towards the mindset of a product being better due to technical advantages. Clearly this isn't the case. Where's the Sega DreamCast now? I remember reading this article on slashdot back in 2001 [] and thinking - 'Yah, it doesn't do Ogg'. Of course then I got an iPod. And then a mini. And then a nano. And the wife got an iPod video. The entries I like best cause me to get out of my comfortable tech mindset and to consider products and ideas from the financial side and even with respect to the full range of the marketplace.

It hasn't changed my attitudes or behaviors toward being rich, but is has provided a refreshing read from someone who shares closely parallel views on personal financial management.

I've really made it a goal to start saving. There was one column about three or four months ago that really got me thinking about saving and, since then, I've been trying to arrange things (adjust my lifestyle, pay down my debt) to get to a point where saving is practical and realistic.

Enh, I'll be honest, I've been lucky enough to have a friend who motivated me to start an IRA and get credit cards and build credit and do all the stuff you suggest, so I am not sure that iwillteachyoutoberich has really concretely affected me personally. But it's definitely good to have that reinforcement, and it's a good resource to point other people towards. (I know that doesn't really answer the question) I really liked the one entry about how people enoy the idea of being rich, but not the actual work required, and the guest post you quoted where the one guy talks about how people love the idea of writing novels because they think it's all about witty banter and mint juleps and typing away on a Remington and not actually work. (Though, this was more apropos for me in realizing why I thought I wanted to write a novel, and not why I wanted to be rich)

Much more conservative about my spending. I think twice before ever expenditure, deciding if it's really worth it, and if it's within my budgets (which I just now started to put together thanks to you).

I'm not yet rich, but it's changed my attitudes about how I could get there. If nothing else, I'm at least thinking about what's ahead of me for the next 20, 40, 60 years.

My wife and I have totally changed our financial outlook on life since we read your 'new years financial butt kicking' series. We now have our money flowing out from checking and into ING and from there we have a steady flow into an eTrade IRA trading account. (We didn't have anything beyond our bank checking account before -- you really did kick our butts). What I'm looking forward to most now is teaching my 2 daughters what you have taught my wife and I. 'Ramit' has become a household name with us (and specifically, the phrase, 'Well, Ramit says ... ') You rock Ramit. :-)

Other than providing some inspiration, I don't know. It's a blog, not Revelations.

i definitely put way more into my retirement fund now than i did previously. i also maintain a separate mutual fund and an auto-debit ING account, which helps since money that's harder for me to get to is money that's harder for me to spend.

I always have a desire to be rich, but your blog has helped me realize how to do it - investing and managing my money using my brain.

I opened a Roth IRA account.

It's shown me how easy it can be to improve your financial situation simply by doing a little research


I have learned to spread the retirement investment gospel to my friends and family. I've already recommended your site to my younger brother, who just graduated college this year. The site has inspired me to be more educated on finances and to take a more active role in preparing for my financial future.

Finances, frankly, scare me. Taxes intimidate me (and I'm still on the EZ form). My dad and boyfriend talk of investment returns and stock options and my head spins. I want to run and avoid it. I don't make much money. I don't keep an accurate track of my finances. I try to live as cheeply as possible and save as much as possible. After that, I'm clueless. What I get from your posts is a bit of confidence and power. I can take small steps to do one thing better and one thing new and so on. And it even makes sense. It seems practical to my little life with my little income, savings and bigger future needs..

Being rich doesn't really mean having zillions of dollars, but having the confidence & sense to make the right decisions that you can feel good about on a continuous basis.

My finances are /still/ messy, but they are getting better. Separating accts and noticing some of the crap I spend my hard-earned cash on has been the biggest change. Cutting some of the fat=more to savings.

I am probably not your typical reader. I am 48 years old, married with four children. However, I do enjoy your blog. My son found your blog and worked with Chris Yeh's Printer's Ink Project. Keep up the good work.

I was a well-paid software engineer who got unexpectedly laid off one year after marriage. Both my wife and I never gave much thought to saving (apart from automatic 401K deductions and maximum employer matching), and we both had the dreaded credit card habit. Our entire wedding, honeymoon and moving expenses were all on credit lines. We were, unfortunately, quite typical of the young thirty-something professionals who were terrible at managing money. On the side, however, a friend and I had been starting some business ventures in the marketing and advertising world, so instead of looking for a new job after my layoff, I put my faith in this new business venture as a full-time occupation -- very risky, seeing that I was already about $60,000 in debt with no real savings! But, we have practically no overhead -- we maintain no office space and work out of spare rooms in our respective homes (and, of course, a percentage of our domestic expenses are written off to the company). Also, our wives have maintained good jobs with decent income and full benefits like health care. Under legal advice (and second opinions from family friends who are business lawyers) both my business partner and I declared bankruptcy. Fortunately, I was able to declare just myself and keep my wife's credit history pristene. While money has been tight from time to time, we have managed to meet all our obligations (sometimes through the generosity of family), and I wouldn't trade the experience for the world. I have really, really learned what is important to spend money on and what is not. I gave up credit cards years ago now (just after the layoff but well before bankruptcy), and no longer make any frivolous purchases. I can still buy a treat from time to time, but I think long and hard about whther it will be something that gives true and long-lasting pleasure. For the longest time -- and I still don't know why -- I was very much in denial about the problems I was in, and avoided doing any sort of money management or real and responsible stewardship of my money, even long after the bankruptcy. But, by keeping IWTYTBR and other sites on my daily RSS feeds (I also include 'Get Rich Slowly', Lifehacker and 43Folders), I not only get a regular feed of tips and encouragement, but it's also become a conscious decision to keep proper stewardship forefront in my thoughts and actions. Our business is showing great growth spurts in the second half of this year, and money will be a lot easier come by. As we will soon actually be able to have our hands on surplus money for the first time in three years, I am now prepared to be much wiser and better able to prepare for our future. My wife has been a little behind me in the learning curve, but I have been sure to be a gentle and loving example without pushing her too hard. At the beginning of last month, I got her started on writing down and tracking all her own personal expenses in preparation for better money management on her part. And just a couple of weeks ago -- and this was totally her idea and decision -- she turned all her credit cards over to me to keep so she would no longer be tempted to impulse buy beyond her means! I see a bright and happy future ahead -- one that I might very well not have had if had not been for the financial hardships of the last few years. Bryan Pack my company:

It's a process - the articles on entrepreneurism were great.

It gave me an idea for a basic banking model. I was always kind of curious and hesitant about banks, but that article kind of cleared it up for me. I'm young and don't have a job yet, so when I do start making money, I will have a better idea of what to do with it.

I like the persistence and dedication found in 'you need to start saving and investing yesterday' posts. and the budget ones. not much of a story, but those are the two things that are important to me, and IWillTeachYouToBeRigh reinforces that.

The blog has taught me that I can be rich. But also took away a huge chunk of glory from being rich. Not that I mind that. But I do notice that I now find money, or being rich, to be a lot less important. More importantly it has taught me the importance of experience/value/etc over money. A bit ironic, eh? I'm this guy from Bangladesh who's now trying to get into Harvard. I know it's going to be damn tough, but I do know now that it's also very possible. Somehow this blog motivates me at that. (I'ven't found out why yet. I've just came across it a few days back.)

The message 'start investing now!' was really pounded into my head after reading a couple hours worth of material.

Sorry, I haven't got time to think of any!

It's inspired me to get my net worth info together, bite the bullet and do the calculations. It's also inspired me in general to think about my motivations regarding money.

Well, you made me max out my ira. Thanks.

Mmm...seeing importance of mutual funds / indexes over pure stocks.

It has motivated me to seriously think about opening up a Roth IRA account and look into mutual funds

I learned being rich is not hard, there are certain steps one must take and they should do alright

Just remembering that I'm not the only one trying to crawl out of the debt hole.

I've learned that it never hurts to ask. I recently had a $300 phone bill, after I thought I'd signed up for a special calling plan. It was my second statement, but the first time I noticed the absurd international rates I was paying. Guess I should have read my first phone bill more carefully. I didn't have much if a case other than my word, but I called my provider and explained that I'd requested the plan but was being billed the maximum. In 5 minutes, my bill was adjusted at 12 cents a minute, down from $6-10.

Sort of what I mentioned ealier about the kicking your ass post - I've found that I really try to start projects and do things that will make a difference in a year or two. To be honest, nothing has really panned out that way yet, but the post changed the way I look at things, and I think that's far more important than my temporary lack of success.

It hasn't really. It is very much in line with what I see in other places, such as 'The Millionaire Next Door', and with what common sense tells me.

I have just started subscribing so am unable to say for certain.

It can be done, it's all in your ability to stay focused and strong.

It's all about attitute. I'm 50 and still trying to figure out to make it happen, but I enjoy the process more now...

My behaviors have changed in that I have created a budget, tracked all my expenses, opened a savings account, and am looking to open a Roth IRA in the near future. All this was because I discovered your blog earlier this summer.

I am not sure if it changed it, but it definitely helped to solidify the thought that you must define what rich is in your mind. If you constantly compare yourself to Bill Gates or Warren Buffett as 'rich' well you will probably be seriously dissappointed, but if you put your goal up there excluding winning the lottery you will be more apt ot stay on focus and have increase chance of felling you accomplished somthing.

It's not much of a story, but I wouldn't be using ING Direct had it not been for IWIllTeachYouToBeRich. It's still too soon so see how it will affect me overall, however.

Helps me keep a positive outlook by being a) positive, b) reasonable, c) straight-forward.

I'd always thought retirement accounts were for old folks, but since your post on them, I've gotten off my ass and opened a Roth IRA. I'm a graduate student looking at several more years of grad school and surviving on fellowhips, but you've got me thinking seriously about my financial future and I am now one of the most financially prepared physics grad students that I know.

Not applicable.

Well, I have to say not at all. I already had an abundance mindset before starting reading, so, like say, the value I derive is confirmation, sharing, and sometimes a different shade of approach to matters. Thanks for writing! I especially enjoy when you exclaim, 'I love it!'

I started a Roth IRA after reading an article about it on your site (I'm 20).

Your blog has taught me that money is extremely important. Now, whenever I want to buy something, I ask myself twice if I really need to buy whatever it is I want to buy.

Sorry - nothing specific, just a great place to reinforce my beliefs about savings and how and where to spend money.

Hasn't changed, but reinforced stuff that was already there. Gave me stuff to talk about with friends.

Reading your blog has gotten me more serious about investing, even though I have only taken simple steps. Even my parents told me I was too young to be worrying about saving lots of money now. I have started investing in my 401K, have more money in savings than most 23-year olds, and also bought a small townhouse 6 months ago. I also hope to start making other small investments this year and learning about the stock market, where I have been completely clueless up until recently. I think seriously about small expenses like eating out that really eat up the paycheck of 20-somethings and try to limit those, but am also finally going to go backpacking in Italy in a few months (if not now, when?).

I liked the advice on setting up accounts to manage the flow of money. I followed that advice and I feel it's really helped me.

After reading your blog, I decided now was the time to start an online children's clothing store. I read about how important it is to create your personal brand, and I'm trying very hard to do that. I really suck at talking to people, though, so it's proving more difficult than I thought. Hey, maybe you could help me learn to how to feel comfortable promoting myself? I'm too modest for my own good.

- Your budgeting practices, specifically the buckets method of budgeting, made my monthly budgeting infinetly easier. Thanks!

Mostly it's just made me want to get out and experience more now that I'm young. I'm 21, still an undergrad, and have already saved about $35,000 in stocks and other securities. I'm in a fraternity, in Navy ROTC, and involved in a bunch of other organizations, and still have time for friends and fun. It's definitely possible. I appreciate that you teach people that.

I don't know. But there's one concept that I've recently learned and I feel you understand more than most other people. Knowing the magnitude and frequency of a mistake is almost as important as not making the mistake. This is similar to your 'don't focus on minutae' posts. Just getting money invested is way more important than trying to find the best invesment vehicle. Similarly, spending money at a friend's birthday party is fine, because the situation comes up so infrequently. I strongly believe that it's much easier to evaluate a decision if I know how much better the best choice is, rather than only knowing which choice is best.

Sorry, that will take more than 3 minutes of my time.

It gives me faith that young people have the potential to control their finances and take risks.

*Be interesting by being interested: I do this at parties more now. I used to talk too much about myself especially because I work at Google so everyone is curious about me. *Just do it now: I fixed my toilet flusher instead of just waiting and doing it later: later was worse than now. I also just do it with taking out garbage, etc. Small stuff, but it feels good not to procrastinate.

I only found the site three days ago, but it has already changed my attitude towards saving and investment. I just graduated from college this past April and hadn't given any thought to financial planning yet. Your site woke me up, and I am very appreciative of that. I will take the first step of opening some accounts after I move this week and will continue from there.

Yet to find one that changes my attitude or behavior.

in terms on finance, it hasn't changed my behavior any. i already knew the benefits of compounding interest, so i was already saving in my early twenties. although the most recent series, 'it only gets tougher', has been helpful. as i'm about to enter the 30s, the series has made me aware of things i used to do but would now think twice about (like spending the nite w/ bunch of friends just throwing around ideas). it has made me aware of those things and select those few that i still want to do and make time for them.

i want to open an IRA or a mutual fund

I take comfort in the fact that other people my age lack the financial knowledge I do. With a Bachelors and Doctorate from two top 20 schools, you would think that a basic working knowledge of finance would have been imparted somewhere along the way... I'm not putting blame on the schools, I just wish there would have been more opportunities for a financial education to accompany my formal education...

It has helped me, along with some other resources, to see how wealth comes through making smart decisions and saving on a regular basis rather than through making a huge paycheck or striking it rich (like through the lottery!). One of your stories once encouraged me to call my credit card company. For 5 minutes worth of work, I got 3 late fees knocked off, a finance charge credited back to me, and my zero-percent APR restored. I made like over 150 bucks for those 5 minutes!

To put money away first since time is the most important factor, not what funds/stocks to can always do that after.

Have none

Simply put, i can be RICH.

I think this website has basically convinced me that I am the only person who can provide for my own well-being in the future. It would be nice to think that I'm going to inherit money, but that's not going to happen. Several years back, I was talking to my good friend Mike, who comes from one of Toronto's wealthier families, his father being a crazy high-priced lawyer. I figured that Mike took his family's wealth for granted - he didn't have to pay for a car, he had a huge allowance while he was still in school, etc., etc. Mike has surprised me, however, in that he'll talk very candidly about money, and it became very clear to me that he doesn't take his wealth for granted. However, because his family has already given him the gift of familiarity with how money works - from debt to investing - whether or not Mike was inheriting a lot of money, he's still going to be ahead of virtually everyone I know, simply by virtue of the fact that he already has a lot of financial knowledge. What's key here is that even without his inheritance, he'll still be better off. Reading this site has reinforced that message for me -- that the key to being financially well off and stable is not in how much money you make (though this helps, of course), but rather what you do with that money. It is possible for someone with a modest income to be proportionally wealthy, and indeed much wealthier in the long term than someone who waits for a financial rescue in the form of an inheritance or other windfall. Without the long-term skills and habits developed from years, even if you got a windfall, you wouldn't necessarily have the skills to make it work as hard for you as it could. So, I guess the big lesson here is that there's no time like right now to start making changes, and that wealth can come to anyone who's willing to put in the time and begin investing now.

I don't expect to be 'struck' rich but I also thought perhaps it wouldn't happen for me. Reading your blog has given me a faint spark of hope that if I play my cards right I can actually BE RICH.

I've added more books on personal finance to my Amazon wishlist and realized that I don't want to live in an upscale area. People on the east and west coasts seem to spend much more on normal living expenses.

One thing it has taught me is how smart it is to save early (e.g. 401k)

Spur of the moment - a week in advance - I decided I would go on a 11 day mission trip to Biloxi, Mississippi (clear accross the country for me). A lot of my impetus for doing so was your 'It Never Gets Easier Than Now' posts. I will tell you how it goes. I would love to be able to offer more advice (even though I am far less experienced than you in this world)- my email is One thing that is interesting about blogs is how the can so personalize things. Some of the really great bloggers (if you are aiming at being a BLOGGER) make themselves at least appear approachable to the random reader. I think that you have said to email you before in your posts (can't really recall) and that is good. I know that things get massively hectic with millions of emails (not that I would know) but finding a way to really bridge the gap and connect would be good. Look at Scoble as an example maybe? I am pretty new to reading blogs but I think they are amazing. Another idea, and this is about blogs in general need to allow the commenters to take a bigger role- some of the best content I find is from comments on posts rather than from the bloggers themselves. You could try to find a way to leverage the power of the masses in encouraging comments and pointing to useful ones. Michael Arrington seems to do a great job of jumping into his comments without getting into arguments. Lastly, focus on being rich as being succesful or able to do what you put your mind to. I don't think to make it look as though being rich is all about money but that is something noone wants to read. We want rich lives. Full lives. Once again the 'It Never Gets Easier Than Now' meme was very good - keep that up.

After i read a few blogs i took the advise i opened a Roth account (with ING) and opened a scottrade account. Now i have to figure out on how to use it.

One of my major personal finance decisions/achievements has been to keep track of everything I spend, which I've been doing rigorously since February 24 this year. I think I remember that decision was influenced by your writing at the time...actually I've just checked and you wrote the 10 Things About Yourself That Would Surprise You post two weeks prior to that, and You Spend Even When You Don't was about that time too. And you've always advocated knowing how much you spend. It's been a very valuable thing for me, knowing how much I spend, and in which categories. I'm a computer programmer, so I have it all in Excel (Date, Amount, Description, Category, Subcategory) with some macros to break it down for a summary. As a result I know I spend 32 per day, including 11 on rent, 6 on food, 4 on health-related stuff, 2.50 on girlfriend-related expenses, etc. I can predict very accurately my upcoming spending, which I couldn't before. At 32 per day, I'm investing/saving 70% of my income (I'm at a highly successful rapidly-expanding work-all-the-time internet/financial services software company.) Also a while back I decided movie ticket prices were way too high, and it's much better to hire a movie for 1 and have five people watch it at someone's house for an average price of 20 pence each, rather than all spend 5 times 6.50 = 32.50 on a product that isn't much better and in some ways is worse. Was it you who first brought that up? It might have been NevBlog, or someone else. Unfortunately none of my friends agree (they're almost all rich because they're almost all work friends because we have no time for another social life). I also remember, back in 2004, Cook At Home You Lazy Bastard made me start cooking most of my meals (at the work kitchen actually, I work late). You were also a major influence in my decision to finally get organized and invest in stocks. I got started with that in August-November 2005. I think also you've influenced me to think more about compounding interest. I mean I always knew about it and had made my own Excel models myself. But like yesterday my girlfriend was telling me about a friend of hers (aged 20) who had gotten 1,000 in debt by spending it all on makeup. Makeup! Apart from thinking, oh my god is that girl dumb (though, to be fair, also hot), I also thought, 1,000 invested at 8% for 31 years is 10,000, i.e. you you'd retire about a year earlier. (But of course she might be losing even more than that if she's in credit card debt at like 20% or something.) I think about interest and prospective retirement a lot, partly because my job takes ridiculously long hours and I sometimes want to leave, and if I'm willing to live frugally - and childless - for the rest of my life I could retire in three years at 25. (I probably won't though, but it'll be great to have the option.)

It's not as hard as you think.

The website hasn't really changed my behavior much, since I've learned a lot about saving money from my mom, who's a bookkeeper and amateur finance maven. But it does make me feel less stupid for being a 21-year-old with 3 Roth IRAs.

I finally got my act together to open a savings account. Next step is setting up an automatic monthly transfer.

i guess it has actually just reinforced how I was feeling about things. People don't much like talking about their finances with each other, but your blog is more like chatting with a friend over a cup of coffee. Ok, more of an expert friend, but nonetheless, comfortable and helpful.

I'm keeping track of what I spend to determine a budget and have an actual desire to invest! That doesn't really answer the question but I just thought I'd throw that in there. I never planned on this site being a get-rich-quick scheme, and I always knew it takes time (usually)

your blog has gotten me to track my finances. I have yet to do much more than that (But everytime I read I am reminded to send a check into my Roth IRA which I average about once every other month of actually doing..). I'd like to get a better hold on my finances and invest and all, but I'm in the living 'paycheck to paycheck' category that you don't really talk about all that much.

i've just graduated and it made me go and look at lots of different accounts and possibilities than just accept my previous bank account

I now have some guides to point friends to so I can back up my crazy financial opinions. I also have information and motivation to start investing, basically learning from those who've been there already..

I work as an analyst in the investment banking field and I work on assisting other companies with their financial needs and advise them. However; I take little to no time to prepare for my own financial future. Your website was a nice wake-up and a great just do it attitude.

no stories. I'm not rich yet...but I do save more!

I've got a better idea of how to start planning for my future, and where to start saving.

Before I read, I was already really interested in personal finance and stocks. Your stock articles have made it really easy to focus in on certain things.

i started using the budget template...made me think more abt saving

Got me to go to ksblog (and others). I also like hearing about the situations others get themselves into and the ways they scratch their way out.

I'm 24, started reading iwtytbr when i was 23 and, although kinda late(ish) am alreading socking away cash for the future instead of spending it on the crud we're supposed to buy nowadays. Thats my plan to be rich. Not super-meger-uber-rich, but for a rich future for me.

Nothing specific yet to share. Right now, the 'It Never Gets Easier...' series is a bit too wordy, a bit too touchy-feely for me. I've been spending more time on GetRichSlowly for now.

Immediacy--everyone screams 'start investing now!', but that is not often accessible to younger investors. Yet your 'lesser' goals (simpler ways of pragmatic frugality) put your concepts within reach of everyone. So since it's possible to start now, more people (myself included) have!

Frankly, it made me realize that I already AM rich. Wish I had a specific example for you, but I don't. Keep up the good work.

To be honest, I just started reading this blog last week. So far, I'm a big fan. I have been unusually money conceous for my whole life, so it's totaly right for me. The bit about IRA's etc. was very informative. I am still trying to really figure out what my finacial situation is, but once I do, an IRA will be one of the first things I take care of.

That I should be more conscious about my personal financial situation.


I quit and started my own business. Which isn't specifically what you suggested, nor is it entirely your fault. I also stopped drinking Starbucks.

You helped me not feel bad about the money I spend on my hobbies, as they make me feel good and make my life better, just like your salsa and nice pens.

Not to take life for granted and to live it to the fullest. Your attitude about what you write on your blog shows that you really do care about making a difference in others lives and that is one thing I will take and apply it to my life.

It hasn't changed it really, mainly because I've tried to be in tune with what really matters in life (family, career, personal wants and pleasures in that order)

Reinforced my idea about barriers and positive attitudes.

One thing that stands out to me is when you wrote in your newsletter about total cost of ownership. I had never thought in that way before about buying an item. For example, everyone always advises to buy a used car instead of new, but they often don't factor in the extra costs, like higher maintenance, more likely to need expensive repairs etc....or with electronics-for example, a digital camera. You may get the camera for a great price, but you generally do not think about all the extras you need to get to make the camera the time you are done, you can spend quite a bit. But by looking at the total cost of ownership, you can make decisions on what to sacrifice (Do I need a 2 gig card or can I get by with a 1 gig? Do I really need that extra battery?). Good stuff and definitely unique.

I opened an Ing account. I registered a domain name to start my own business. Not much story yet. Fixing some debilitating aspects of my mind before hittting it hard.



I started building my personal financial plan and could have used additional feedback from other people. This site has helped me take other things into perspective when it comes to planning.

Started to use Quicken, I was good with my finance but didn't know where my cash was going. Now I know!

It helped me understand IRAs and money markets a lot more clearly and thus, sound much smarter to my friends.

I've recently realized how attainable wealth is. Your blog: 1. reinforces that belief; 2: provides concrete ways to realize the accumulation or wealth. The first thing I read on your blog was 'the world's easiest guide to retirement accounts'. I knew that retirement accounts are excellent (we max out our Roths every year). This post reinforced this behavior, and provided me with other insights to further increase my wealth.

Well it got me to start a financial blog, College Student Financials,, and it got me to stop pissing money away and save money. I also finally opened a stock brokerage account and invest some hard earned money.

I'm sorry to say that I don't have any at the moment.

none yet

It's got me off my ass

Its great to forward hint to people that finance is like learning a martian language

nothing real concrete yet, i've always know the basics from my frugal parents...just never really acted, as i'm still young and have been spending what i earn traveling the world. now i regret a bit not putting more away than i did when i was in my early twenties and working towards the end of the dotcom boom.

I don't have a specific example, but I will say that I see my financial future more clearly now as a result of reading this blog. Now I'm much more aware of my potential, especially being a 25 year old who is more capable of taking risks.

slow is better.

Nothing noteworthy

I can't recall a specific story right now, but at least I no longer feel weird about worrying about my retirement at the age of 23 =)

I've actually got 2 since I've been meaning to write you for a while. 1) I really enjoyed your discussions of credit cards, rewards plans, and savings accounts. Before reading that, I only ever shopped with an ATM card, used cash liberally, and kept the bulk of my money in a checking account. Now I've switched everything over to a CitiBank cash rewards mastercard that give 5% back on grocery store, gas, and restaurant purchases and 1% back on everything else. In cash. Not some intangible points that effectively equate to making unnecessary purchases. I almost never use cash and opened a Scottrade account which houses all of my longer term savings. I pay my credit cards off immediately every month, effectively making free money off my credit card while building credit instead of using my ATM card. Also I've taken my girlfriend through a similar process, moving her out of high interest credit card debt to a 0% APR balance transferred account that is simlar to my own. Both of these things I can say very surely are a direct result of reading IWillTeachYouToBeRich. Thank you. 2) Recently, I've been faced with the issue of where to draw the line of saving as much money as possible or just saving a healthy amount. It really has been affecting my quality of life to think every time I make a purchase or eat out that I could be saving money by not buying or eating more cheaply. This is on top of the very healthy amount that goes into my 401K, ESPP, and personal savings which will eventually probably be a Roth IRA but is now just a Scottrade Account. It really had seeped into my entire existence and was starting to affect my social life as I became more and more obsessed with amassing wealth in the most effecient way possible. Through reading articles such as your used vs new car one and the discussions of budget creating, (as well as dicusssions with my peer group) I've come to realize that not all money is meant to be saved. Realizing that I need to set money aside as disposable income and be comfortable with what I save has made me much happier. I feel that your consideration of not only healthy money saving habits, but also personal happiness gained from careful outlays of money has helped me to define and understand my own value system much better. I know for a fact that I will become rich someday. But it's not worth being miserable on my way there to make it happen another year earlier.

I now pay more attention to where I put my savings.

Helps reinforce the financial 'habits' that I already know but should be doing. It makes me feel I am on the right track.

I put money in an index fund.


It made me realise that there's nothing special about rich people, and that anyone can be one! There's no reason why I shouldn't, one day, be a rich person! That was a fundemental change in my attitude that empowered me to apply to, and be successful in my application for an IT job at a large bank in Canary Wharf, London. So thanks!

It changed my attitude on my personal finance and investing. I reorganized my personal financial picture after reading and taking the advice from a few of your articles. Thanks!

i now want to desperately start a ROTH IRA. but am so poor working in the non-profit museum world so it's tough.

Not yet...

Really not that much, I'm a little older and was pretty fiscally responsible before.

24 year old junior doc here. Started reading when I had just finished med school and was thinking about how to use my wage. I think the main things I picked up from the site are 1. best to start investing young, 2. compounding interest is good, 3. i ought to have a reasonable tolerance to risk, 4. roughing it a little now, in terms of life style, should pay off big later. I now have a pension, cash ISA, FTSE Index tracker in an equity ISA, invest 25% of my salery, and save 25%. I drive a 12 year old crappy car and don't intend to take out any loans anytime soon. I don't worry about money. Ta for the help Ramit. Top chap!

No specific examples.

I've been reading only for about 2 months. It hasn't had much of an impact on me other than raising a few fundamental questions that I had the one on financing children's education - I had worked very hard to put significant sums of money, but yet not asking myself the validity of the assumption that I absolutely had to put away money.

Your retirement plan summary (the exact title of the blog entry escapes me) was the best, most easily read and understood explanation that I have read to date. I forwarded the link to that blog entry to many people who have thanked me.

There is nothing off the top of my head that I can thing of, other than, being rich seems like an attainable goal for me, now.

I've re-emphasized my need to keep my budget and finances straight and have started to actually save money each paycheck, rather than consistently 'lose' money to debt and frivolous expenses.

Some more concerning attitudes about money responsability and fun...hard to explain - the 'do it now or never' and the risk thinking are good examples (and the 3 minutes are counting) :)

Story: I used to go to the Coffee Bean every day. Moral: Surprisingly bad long-term effects, though minimal financial impact in the short-term.

A good amount of information I already knew, I suppose I have good saving habits already. But one thing I didn't know was about IRA's. I just opened up an IRA last week.

none, I still think being rich is fantastic, and that I can get there.

I didn't know jack about personal finance. I'm not a moron, I never left a balance on my credit cards, tried to save as much as possible, had a rudamentary budget, etc, but it was mostly shooting from the hip. I started working at a private equity investment firm in london as an executive assistant. It was pretty slow most of the time, so I would read a lot of wikipedia and blogs and stuff. I decided to learn more about finance, since I was working with a bunch of hot shot investment brokers who talked about it constantly. Stumbled across your site, which taught me about how all the little pieces fit together. I got a high interest rate savings account, a couple of investment accounts, and started saving and researching investments. I am very thorough about documenting my interactions with customer service reps (avoided getting ripped off by progressive auto insurance because of this), and I have a credit card that just sent me a check for $100 in cash rewards for buying everyday crap.

I consolidated and closed 2 of my credit cards and reduced my monthly bills quite a bit by doing a monthly expense and balance sheet. I'm also saving more.

I already kept track of my finances in Quicken, but I have totally overhauled my debt and my payment plans for that debt while setting aside money for investment. I've also become far more conscious of what I'm spending my money on. I appreciate that very much. I've just started recording my financial and personal status on my blog on a monthly basis:

I like the ING Direct tip - i did not know about this service. I have been looking for something like this. More tips about online finacial tools, banks, savings tools, etc. would be great.

Not specifically about being rich.. but I've become aware of when I put up barriers instead of remove them. Even just for little things.. I'll identify something that I know to be a good thing to do, and then just get started on it, with the idea in the back of my head that if I encounter a barrier along the way, I'll deal with it then, instead of having possible barriers prevent me from even starting.

Just in my spending habits. Before I would go out every week for happy hours and definitly on the weekends, spending money consistently. Instead now I budget myself, allowing myself treats to go out every couple of weeks and on some weekends. It allows me save my money so I can live my dream of moving to the west coast and enjoy the times I do go out, because I don't do it as often, I seem to enjoy it more.

I have recently payed off the majority of my credit card debt. I think I still owe like $30. Most of the things I used it for was food, nothing I'd have with me for more than a few hours. If I use my credi card, I try to make sure it's not a lot, that I'll have it for a while, or that I can pay that off if I need too or choose too.

Your website has made it clear that there is no reason that I shouldn't be investing, so I started. I took your advice and purchased my first stock. I invest about $100 a month (which, on a student budget is about all I can plunk down for now). I've gotten in the habit of investing because of IWillTeachYouToBeRich.

Well, I decided to start using a high-interest online savings account, and am starting a Roth IRA, despite being a relatively poor graduate student.

Ha. Well, for one, I start sentences with the phrase 'Ramit says...' with enough frequency that I think my boyfriend thinks I'm having an affair with someone named Ramit. Also, I kicked up my 401(k) contribution two percent from where it was when I began reading iwillteachyoutoberich.

nothing specific. just makes me think more on my finances than normal....which is a good thing.

I was never able to follow a budget before - nor did I have any idea how to take control over my finances. I read your 'Makeover' 3 part series, and I finally know where my money is going! (and how to keep more of it!)

The biggest thing this blog has taught me is that I *don't* know things I should about money. Sure, I understand compound interest mathematically, but the practical implications have never really been spelled out to me like this... that's the biggest thing. Financial literacy, like computer literacy (or actual literacy), is something that is learned, and there's a lot to learn. Being Rich isn't something you do through working, it's something you do through learning.

well i surely save more money and I will be opening up a savings account with ING direct soon :)

It made me sit up and start thinking about my money, and start doing research about what I'm investing in. Previously I had just stuck a few hundred dollars in a mutual fund and then kept putting off investing more. Now I'm investing more and looking at other places to invest.

The entry that you wrote about cooking for yourself and the money you would save really helped me in two ways. I haven't stopped eating out completely. But when I do go out I have cut my spending down to $3.12, the price for a bowl of soup and a coney dog. I still tip the waitress, but it's better than the $10 a day I spent before. It's also helping me to lose weight.

I hate stories, but the blog did prompt me to start taking some economics courses, and my life has been fuller since.

The post Seth Godin featured in his blog has been really cool. It puts into perspective how good I really do have everything at my age.

Well, more practically, the article on how you have your bank accounts set up was extremely useful and has helped me save much more effectively.


Basically it reinforces ideas I already have. I really like the anecdoatal information of you interacting in with your peers. Soon my son will be in that group and I will need all the help I can get.

Before finding this site I had already owned a RothIRA invested in an index fund (Vanguard). After reading a bit of your site, I opened a trading account, although it's mostly to learn the ropes of investing more than becoming rich of course. I am still in college, so obviously there is little invested (although I try to put money in my RothIRA regularly). Your article on attempting a waiver for application fees for school application was very interesting--not only as a story, but also as an illustration of a great idea--it doesn't hurt to ask. I've used this idea in the past, and currently have an undergraduate research position that was obtained just by asking. I will be pursuing a few other research oppurtunities in this same fashion my Senior year--just asking professors if they need help. They're often quite helpful, even if they themselves cannot offer you a job, especially if you have been showing up to office hours to ask questions. In addition, the added networking skills/connections are invaluable. In addition, I approach Office Hours of professors in a different fashion now as well--instead of a 'homework helper,' which they are good for as well. In connection with the, 'it doesn't hurt to ask,' office hours are a good place to ask about various topics such as applications of material learned in class, graduate schools, the professors' life, his or her experience in school, and any other advice/wisdom he or she may have for a motivated undergraduate student. Hell, some of these professors are paid several hundred dollars an hour to consult! I recieve their consultation for, 'free' (not taking into account tuition costs, which are a sunk cost regardless). In short, many professors are quite well rounded cultural people, even if they are quirky at times, and interesting to converse with. Lots learned. Your writing is easy to relate with, perhaps aided by the fact that you are a recent graduate. Thanks!

I'm a new reader, I don't have any specific examples (yet).

You make me think, almost force me to think, about my own finance and that it's my own responsebility. As far as i can see from your blog, you walk your talk, making it even easier to at least 'listen' to our advice.

Hasn't really. I've been working to get out of the dayjob mentality and move into the entrepreneurship mentality, and so I immerse myself in information about it. It didn't change my life, my life is on a course to be changed and your attitude is one of the things I want my new life to have.

I don't have yet a such story .

I never realized how important it was to start saving early in order to reap the benefits. When I found your post regarding this and the accompanying graphs that showed someone who had only saved for 10 years having more money than someone who saved for 30+ years I was blown away. And when I found a recommendation for medium and long term savings plans, I started. That may not have changed my life now, but I know it will.

The never gets easier posts have made we really think long and hard about life.

I enjoyed your thoughts about why people want to be rich. People rag on me all of the time because I am a finance major at my university. Some automatically think that I'm out to screw the world and become rich for the hell of it. I've even been told 'Wow, that takes a cold person to do finance.' I asked why. 'Oh, you know, they're such vultures and just want to make money.' (I could have pointed out that, while typically boring, finance-related careers don't always pan out to be the most lucrative.) I had never been able to voice it before, but like you said, you want to be rich for specific reasons. I would love to have a secure future, and not worry that financially-exhausting emergencies will cripple me. I'm an avid reader, and one of my goals in life is to collect a sizable personal library containing all of my personal favorites (which would probably fill a room!) I really can't do that until I have a sizable personal bank account. THAT is why I want to be rich - to do something that I love without teetering on the edge of horrifying debt. Now I don't feel guilty about wanting to be wealthy.

I've learned that I really don't need to be rich. In fact, in a way, I am kind of rich. Rather, I someday might be. I'm not looking for the quick way out, but I'm investing. And I'm really surprised that not a lot of people are.

Your articles convinced me to get myself somewhere, do things and be aware of the things you do.

It hasn't.

You have reminded me, each time I read your articles, how important it is to start doing something about my finances. 'It Never Gets Easier Than Now' is a good example.

well, i only started reading 2 days ago. Yet i spend 1.3 days reading almost every article. Alot of stuff i already did - like stock investing. Some other ideas are new.

I've always have the same attitude about 'being rich', seeing your picture in slippers on the computer got me thinking about how it is easily reachable NOW and not later.

When you talked about IRAs and Roth IRAs. Your explainations were better than 'Personal Finance For Dummies',, and Seriously.

It helped me finally to realize (I was in the process already) that having money isn't a bad thing; it's how you use it that counts. I was really inspired by how you realized your goal of founding a scholarship. Being a capitalist living in a socialist country, it's nice to know that some people want to make money to give money. Thanks!

your three strategy thing for saving, chequing and investing, have to get started now, etc.

Taught me about the different ways to invest my money, index funds vs. managed funds etc.

Through a few links and threads you have sparked my interest in some passive income web activities. No change in beahvior yet, but it will come if I want to change anything.

It has made me think about what I should do with all the free time I have while I'm young.

Being rich is not my ultimate goal, although some of my goals may require me to be rich. I find inspiration to do as I please, take down barriers, find what really drives me to perform and not let my talent go to waste. Also, your blog reminds me to be frugal when it's easiest to overextend myself. Making the right investment choices (whether it be in food, tools or stock) is very important to me now. Thanks by the way.

Same as above. Sorry :-/

given me more of an impetus to just go for stuff given that i'm still young. if i continue on my current path i will be making 6 figures in a profession in 2 years. but since i'm so young i should consider taking any opportunities that come along that would lead me on a more interesting path, because it's harder when you're older (basically a result of the current series you've been running).

Even though I'm not rich right now, I realize that it possible to be rich later in life if I really want it.

This, among other blogs, have contributed to make my mind towards quitting my current job (I'm a manager at a medium consultancy) and starting my own company at the end of 2006. It also made me understand that to make money you have to understand money. I'm right now reading books about the basics of accounting and other financial-literacy skills.

After reading the site for a couple days, I realized that this stuff really isn't that hard, and there are simple things that you can do to manage your money more wisely. I immediately reorganized my finances, opened a (higher) interest-bearing savings account, consolidated debt, and trimmed unneccesary expenses. There's a lot more I have to do, but now I'm confident that I can actually do it.

It has made me more aware of my procrastination. I have nevertheless only taken partial action (e.g. budgeting, and consolidating my accounts). But, no investing or 401K just yet. Not sure about the exact implications and restrictions for a foreigner (Canadian in the US).

It hasn't changed my attitudes -- I've always known about saving regularly, investing, the value of time, retirement, etc. Your two articles about the failure of the last mile, and being afraid to use the telephone did resonate with me personally, though.

I finally opened an ING direct account and haven't touched my savings in it :)

Really, it's made me a lot more aware of where my dollars are and what they are and aren't doing. Also, many people would like to **be** rich, and until I started reading your blog, I did too. Now, I would like to **become** rich, and that's a whole new ball game.

Don't have one,,,But I'm new to this aera,and lost a lot in the Hurrican Katrina :(,,, Need to ketch up,,,

I'm still really getting my arms around the site. I've seen my income really ramp up over the past 18 mos and am always looking for ways to save money, make good investments, and remain financially savvy.

The best thing about the site is that it keeps me motivated to keep on top of my RSP/investments.

Stop spending on things that I am not important as buying Starbuck coffee, where i can buy for $4.00 when I can make it for 10cent per cup at my house.

Nothing in particular. You've just got me thinking about money matters more. I know most of what you're writing about, but what I've gained is the reinforcement of these ideas and keeping them in the forefront of my mind instead of forgetting about them.

I think the most influential post you had was '10 Things About Yourself That Would Surprise You,' where you recommended we track certain things, like how many minutes per month we spend doing what we really enjoy. I still refer back to that post occasionally, when I feel separating from my true goals.

Fund & shares investments

I am opening a Roth IRA this week and maxing it out.

I'm 22, and neither of my parents are good with money; my mother's just getting by and my father decided to retire very early without a solid plan. Thanks for existing. The day after I found your site, I opened a Roth IRA. I've been 'meaning' to do that since I was a junior in high school. I hadn't realized how easy opening one would be.

I guess it has made me think bigger. It's not as much about being 'rich' as it is about not beating yourself up and keeping yourself down.

I've convinced my girlfriend not to freak out about money, and open a high-interest savings account.

The Best Decision post was very significant for me. After thinking about it for a bit, I was able to more freely allow myself to take 'Better' paths instead of stressing about how much financial sense it made. The best example I have of it was selling my old car recently: I had a car which I hadn't driven in a while (uninsured and registered non-op, so it wasn't a particular burden). I ended up selling it mostly for the peace of mind of not having it sitting around in the driveway, and it was an EASY sale. I stopped being concerned with 'OMIGOD, will I get absolute maximum dollar with this sale?' and concentrated on making it an ENJOYABLE sale, for both me AND the buyer. Afterwards, there was no stress about whether or not they'd call me up with complaints, and I was really relieved to have it out of my driveway (and I used the money I got to pay down one of my school loans!).

Reinforces what I already believe with occasional new gems.

It really hasn't... I feel like I know how to get rich. Work hard, get promoted, live modestly and save.

Your post on saving for retirement spurred me to set up a long-term investment account

After reading one of your articles, I did what I had been thinking about doing for a while and opened an ING savings account. I am now earning 4.35% more than twice what my bank savings offers. I have made actuall dollars and centa on the moneyu in the account. I have also started moving more money into my investment account in preparation for more investing.

A story a couple weeks back helped me see that at some point I may run into a situation where the right decision may not be the best decision finiancially. Eliminating an emotional burden by paying off a debt is superior to steadily paying it off if the debt if paying it off immediately keeps you from constant anxiety.

I wouldn't say it has... it more just reaffirms opinions I already have. The only one that comes to mind is your most recent post about being young is when everything is easiest.

I am currently $32,000+ in debt, with a son that was born 2 months premature and is in the hospital for one month already and will be for at least another month. Just got a bill for $22K for his transport to the city where we live, and we don't even want to know how the hospital bills are going to stack up. Once we're out of this, we can use the tips you've given to actually plan our finances and re-start on stable ground.

I've started using Quicken and started a Roth IRA last month. Since the summer income I'm making is for saving I'm going to max out the Roth this year.

Well, I read your 3 account strategy, and realized that I was already doing the same. So a nice affirmation for my financial decisions so far.

I'm currently re-organising my financial setup to get my money working for me... I'll let you know how I get on.

I dunno

I have known about Roth IRA but been putting off to actually start one. Then you have started your series of 'Kick Personal Finance Ass', then I for one sure got off my ass, opened a Roth IRA with Vanguard, an online high yield saving account and did some analysis of my expenses. I have been aware of saving money and investing but it has always been in my subconsious rather than consious mind. I am long way from getting rich, but manage to save a third of my paycheck and contribute regularly to my Roth IRA, which is important to me as at this point my employer doesn't offer a 401k.

Upon refinancing my house at a lower rate, instead of spending the cash out on a bunch of little stuff, I created a huge savings account and am continuing to add to it.

I forgot which article, but you did a particular post where, in an example, you were talking to a friend about setting up IRA accounts. Your friend was very hesitant to start one because of all the research that has to go into it. You suggested just to start one, and stop building walls between yourself and your retirement. Now, prior to that article I read NUMEROUS of your posts about how starting retirement accounts were crucial and bla bla bla, and I knew they were important but not until I read that article did I actually start a 401(k) account, AND a Roth IRA account. Did I pick the right investments and the right people to manage my money? Who cares, at least I'm making progress, and thats all that matters to me at the moment. Perfecting my investments take time, and time is what I got.

I had resolved to get my financial life in order just prior to stumbling upon Iwtytbr. So while I was in the process, I don't think I knew a lot of how to get there. Right after Christmas I had close to 3,000 in credit card debt, less than 1,000 in the bank with another 500 in savings and 200 in some Roth IRA I had started 2 years earlier. Six months later, I've paid off all my debt, have 2,000 in the bank, 1,000 in savings and 1,500 in a mutual fund Roth IRA. I'm still in school and don't make a lot of money, but I feel confident I'll know how to manage it once I start making money because I've learned how to work with a small income. Iwtytbr gave me guidance and confidence that I was doing the right thing; because it's hard to save/invest money when you're unsure about what you're doing.

don't know yet

Made me less worried about my finances at this age.

Your focus on 'do it now, do it young' is great, and simply encourages me to continue doing what I am currently doing. Sorry that I don't have a specific story.

Ok, but I have just arrived to your blog, so I guess I can't answer to this question, sorry ;)

Your 'it never gets easier than now' article was very inffluencial for me. Since I graduated from college I have been very dillegently saving money and paying down my debts, this article brought to my attention that I should be putting just as much, if not more, energy into improving my health and meeting new people.

It hasn't, it just rehashes stuff that is true about personal finance that many know, but few practice.

I frequently think of the post about our obsession with minutiae, which keeps me from getting carried away with the irrelevant details (of money, dieting, etc.)

Actually, I don't know how much you've influenced me. I'm pretty much like minded about finances. It's always nice to see someone else's point of view and get a few more ideas.

I new most of the teories/ways to think before so it was more a repeat of the information I new before, but I would think for people who do not read these kinds of books that some of the articles on I will teach... to be lifechaning

I really enjoy your articles. Unfortunately I don't have a great story. I read through your articles and get inspired but still haven't been able to untangle all of my finances after a very messy divorce. I am still searching for the perfect personal finance program...

Here's a great one: So you have a new generation coming out of college. There's more information available than ever before. We think different - more entreprenurial. We act different - priorities and behavior are shifting. Yet we think we can make the same mistakes with money and some how come out with a different ending. Yet we believe all the same old myths and malaise when it comes to debt and credit. And we expect a different outcome. Generations previous, for the most part, did not set out to go deeply in debt and ruin their lives. But it happened to far too many. This blog has helped me see that young people are just as susceptable to the marketing and myths as generations past. They still take their financial advice from broke people. They still think that their single stocks won't go down. No different. More of the same.


I mostly get entertainment value and education, although I haven't 'gotten rich' yet, I'm working on it.

Ramit. I cant remember what random words i typed into google to find your site, it was a welcome discovery! I was completely ignorant of anything financial, despite being about to finish a Masters Degree from the University of London etc etc. To be honest i just didnt want to know. Your site has given me a basic education all things financial, on which i can now build. My first credit card should arrive shortly, despite my dads advice not to get one (because of his credit card debt! what kind of advice is that!)I start my first salaried job in two weeks time. I dont want to sound to cheesy, but honestly, the future now looks rosier and all because of your blog. Thanks. I mean that.

It's definitely made me reflect on how getting rich really just isn't that hard if you have a shred of common sense and patience. Most major financial mistakes people make are avoidable, boneheaded things like maxing out their credit cards constantly and not using tax-deferred retirement accounts. I'm glad I got up to speed on this stuff at a young age so I can get the full benefit of a lifetime of good financial management.

I don't know about what 'Rich' actually means, but it has taught me that I am probably farther along the path (spending habits, savings, investments, income) than I would have expected. This is surprising because I don't think I've been trying very hard.

I changed the way I budget from just writing down what I spend to setting specific target amounts that can be spent each month.

Not much, it just has re-emphasized basic things I need to remember.

cutting onion story caused me to ask myself and others questions about how to improve methods I have been using for years. For instance, I used to look over notes when studying and it got me the grades I wanted. A friend suggested I rewrite notes, and I've found that I not only get the grades I want, but I also get the confidence of knowing the material better.

Since reading the blog I've opened a number of ING Direct automatic savings accounts, and I've already got several thousand dollars set aside for investing and retirement that I would have left sitting in my no interest chequing account otherwise. As for being Rich, I don't quite have a firm grasp of how I want to do that yet, I need to go back and finish college first, but the blog helped me get some bearings and get my foot in the Rich door by getting me to save money.

It's encouraged me to better structure and analyze my personal spending.

I can't give all of the credit to your blog because I have always been into saving money and keeping track of things. Since I came across your site as well as a few others I have been tracking all of my spending daily, I opened a high interest savings account with HSBC, and I set up automatic payment for as many of my bills as possible.

Now I think more about the balance of living richly now--while still being fiscally responsible--other than simply compounding my savings over the long haul. The theme of the site is about *being* rich, not becoming rich.

It made me realise that every small decision can make a big difference.

I'm already rich - I retired aged 39. I've been doing much of what you advocate for many years.

I've set up accounts, checking / online high interest savings / index funds

Sorry, I use it to direct some of my clients to your site, you tell them what I tell them but in a better setting.

IWTYTBR gave me the ability to relax and say 'I'll start financial planning after I graduate from college and find steady employment. Until then, I'll just study IWTYTBR and minimize my expenditures while enjoying myself.

Enjoyed the 'Last Mile' discussion. I have shared it with several people. Excellent discussion.

So far I liked the piece on how you really spend a lot of money even when you don't spend money.

Just started reading today

i feel the same about it, but i'm still a fan. sorry, no anecdotes.

It has helped me want to know more about my personal finances. I started off reading sites like Lifehacker a long time ago, and since graduating in December of last year, I've been yearning to save more money, etc. Your site is interesting and useful.

Hasn not yet (just strated reading) - has been very inspiring thus far.

I used to think it was all a matter of being in the right place at the right time, and while thats how you get rich quick, it's also not very feasible. I started an ING Direct account, and started keeping track of my income and expendatures alot more closely. I'm saving a bit more, but mostly noting how much I was actually spending before, kinda curbed the habit.

I stopped going to Starbucks!

Nothing yet.

Re-affirmed my current banking system

Got me started with specific accounts. Of course, I'd heard this before but there's always a problem with 'lag' -- the amount of time, or the number of times, between first hearing something useful and actually implementing. I like the idea of 'do these 3 things this week', accomplishing something, and moving on to next week's tasks. Seth Godin wrote today, 'if you don't have a boss, maybe you need to invent one.' It's good to have someone else pushing you along.

I've been putting off financial planning because until recently, I was pretty poor -- didn't really have any discretionary income at all. But now that my circumstances have changed, I have been reading more about different investment vehicles and am more confident about my ability to understand the differences and make informed decisions.

Nothing has created a lasting impression yet; it's just a refreshing and uncomplicated approach to finances.


To cut back on unnecessary spending. I used to spend a lot on outdoor gear. Now i focus one or two sports . Plus i am surrounded by people that spend a lot, Kiwis in general, most are in debt. Having and external influence that values saving/investing helps.

Your posts on frugality are sweet. I was becoming accustomed to having daily luxury items such as frappucinos etc, but I started to notice them building up. I especially liked your high yield savings account articles and I opened an account with emigrant direct which just went to 5.15% apy.

I found the site about 8 months ago and decided to finally open an ING direct account and save 10 to 20% of each paycheck. I've got about 2,000 saved, so that's a start. I want to start an etrade account soon, but am a little intimidated. Your site and advice was the kick in the ass I needed to start saving.

Definitely helped me research different ways to invest.

Its inspired to write my own blog! In UK there is absolutely no money management advice to the yound, even the blogging community is very small predominatly run by newspaper journalists and aspiriing journalists, no real ordinairy people! expect an email from me soona asking advice!

Open an investing account before you know what to invest in. There's no better kicker in the ass to start researching a stock to buy than knowig the $ is there and ready.

By linking to your other work (e.g. pbwiki) and inspiring me to get my lazy butt in gear.

It has heightened my sense of personal responsibility and that if I should do something, it should be now, while I'm young. Also, after reading your barriers post, I've started noticing how lazy I really am. One of the reasons I don't read for leisure often is that if I don't use a bookmark, I have to look for the page I was on. And that's effort right there.

I was already very concientious about money, so my savings habits haven't changed, and i haven't learned much about types of accounts and personal finance. The things that i have taken away have been the motivational entries - 'never a better time than today', 'how people get stuck on minutiae', 'it never hurts to ask', etc.

Actually, nothing has changed. But this is a great discussion to be having with people under 40 because there's so much dillusion about the relationship between wealth and happiness. Rich is really a frame of mind. I feel rich when I prepare a meal at home that I know would cost big bucks if I consumed it in a restaurant. I feel rich by being retired; I get to choose what to do everyday. Beholden to no one (except my wife!;-) I feel rich when I realize I don't give a hoot about what the Dow did today. All of this, and I'm a person of modest means. Comfortable.

I'm 30, have already sold off one business sucessfully and am just about to leave my fortune 500 VP job to start another company. Most of your discussions have been aimed at the first-timers and at people just getting into the job market. Most of what I read on your site is just reinforcement of those skills I learned from my family and from struggling out in the real world.

It has actually encouraged me to talk with my friends and coworkers more, and to start working on a presentation for my company about our 401(k) (a lot of my peers don't really understand it, they just know they should put some money in it). I read a lot of personal finance stuff, and your blog has encouraged me to share what I learn with people so they don't get ripped off by shady mortgage brokers, and don't fear taking risks, etc.


I have a 12 year old who is constantly thinking of ways to make money and start up businesses. I know one day he will be a successful entrepreneur - just reading your articles is already helping me to be more encouraging of his ideas and risk taking. I want to be the cool mom who encouraged him to get out there and do it versus the mom who told him to play is safe and be a doctor. Thanks you do a great job.

Hmm, it hasn't yet. Everything I've read I pretty much already knew from my own years of study on finances.

It made me aware that I wasn't saving any of the money that was coming in and that I am at the perfect age to take risks financially. Currently I am preparing to launch a software development business (details are being worked out), and I am looking at investing in real estate. I attribute this consciousness almost soley to your site. Thanks!

I am new to don't know yet-sorry!

You have made me consider what it means to be rich. I already have a pile of money and investments and am financially wealthy but some of your posts (esp. the recent 'easier to do while you're young') have made me evaluate my 'riches' and how hard I work to pile them up to the detrement of my dreams.

Before I heard you talk at MIT, I always knew I wanted to be rich, and I knew what I needed to do. But, I never really did anything about it. Afterwards, I really thought about what I could do to get started on the right path. Now, I'm always looking around for good deals and things that will help me build wealth. Or at least, help me live better on what I have.

Not sure how my attitude has changed but I feel your blog is more about managing money on a daily basis and less about getting rich.

I realised that I didn't have to be rich to blog about getting rich.

it hasn't, it just offers further information.

I don't have a story, but I really enjoy (and cringe at) all the whats-easier-when-young, and things-about-you-that-you-probably-don't-know posts. And I started recording my expenditures.

It hasn't really, but I would just like to mention that I really like your Oregon Trail t-shirt.

Mmmm. It made me think more about how I can do small things to have more money / have my finances in better shape. I haven't actaully *done* anything yet. But I will. No, really. I will!

I opened a ING account and I am buying a house.

Your blog motivated me to set specific goals (e.g., why am I saving, how much should I save, how should I go about it). Also, your blog motivated me to finally get an online savings account, about which I had previously been a little apprehensive.

It may be easier that it sounds ...

I didn't know how to use IRAs before, now I know why and how to open one

n/a....have to read some more.

Just went to your web site and bookmarked it in my firefox links [most promiment] things I read. Just subscribed to the newsletter.

has emphasized the important of investing at a young age. i put a bunch of my money into ING direct, and am now trying to figure out how to invest into stocks. im 22, so im gonna go nuts. kidding. but you know, a bit risky is fine.

Your blog has reminded me that being rich doesn't something I need to 'find''s something I can 'create' inner discipline that doesn't matter who you are, how much you make, what your living circumstances are...but, rather, making it a priority to create wealth.

It has showed me some people need help with what seems to me is common sense.

I loved the 10 questions post - really made me think and examine my life/goals

We already kind of agree, and have a similar life philosphy. I don't have a specific example.

Made me start pay attention a lot more to my credit cards and cellphone bill.

the post about removing barriers. very inspiring and timed perfectly to a situation I face.

Make breakfast at home instead of eating out - saves $2.50 daily :D

It is very inspiring, I opened up a new bank account with a higher return rate. I have not invested yet though, because all of my cash is spent on school.

If you post great stuff, I send it to friends. Lately you've been slacking:)

Hasn't changed my attitude yet as I've just started using the site recently.

will let you know

I loved the article on managing personal finance accounts. Very helpful. After reading that article I added the RSS to the ones I watch regularly.

Although I didn't sign up for a 401k yet because I'm quitting my job relatively soon, I do realize the importance of planning for retirement at a young age.

On the advice of my brother-in-law who's also a financial advisor and your blog, I opened my Roth IRA and will continue to contribute to it as long as possible.

No better time than now - really is true. It's hard to not get a project going when those thoughts run through my head.

I don't have a story. I am an outside phone tech. I make $60K a year, and have been with them for 6 years. I hate my job. In short dealing with the extreme chicago weathers, the West side drug dealers, and the save their own hide by working you to death middle managers has taken it's toll. I have a B.A. in Justice, I just passed the loan originator's exam and I am plotting my escape from blue collar hell. Your site inspires me to take control of my finances. I don't realy care about being rich, but money affords freedom. Take care, thanks and don't forget the how-to guides, the podcasts, and us over 30 (did you say bad joints?)year old readers.

I never really visualized myself being rich until I read this blog. Just visualizing it made me realize I could do it.

Not so much about being rich, but financially above the normal. To live without needing to be filthy rich, give back to those who helped me in life.

Nothing really specific but it has made me realize that I don't have to be working for Morgan Stanley in order to start investing for my future. It's helped me to see that it can be easy to just sock away your dough.

I opened a Roth IRA with automatic contributions when you did the series that urged people to act now.

I record every expense now and keep a budget. it has showed me where I am spending too much money and how to cut back.

I've often retold, and used myself, you're advice about just asking for stuff. You've made this point a lot but it's the story about asking colleges to waive their application fees that stuck with me. I've since asked my bank and credit cards to waive fees and even at retail stores I've just asked if there is any way they could give me something at a discount or whatever. It really works.

too soon to tell! (new reader_

after reading your posts i always move a little more money into my savings account. (should automate that, i know.)

About being rich, none. I also got the money management concept long before I discovered your blog. However, I believe in searching for what I believe in and do what I enjoy doing. Money, however, is definitely something important, but it's not necessary something that should prevent people from doing what they want to do.

Reading this, among other things has made me thing about the fine balance of having a comfortable amount of money in the bank and having material things to comfort me. It's probably made me think twice about how many things I really need and how much money I really need to spend.

Well, not so much a story I guess but I decided to take charge of my 401k. I also started putting all my savings in INGDirect so I could get 4.35% or whatever the interest rate is now. I also have been using my AAA card to buy gas because I get 5% back on all gas purchases each month.

I want to research ING interest rates more.

I think it helps me to know that there are many people out there who have the same struggles and goals.

One story you shared about how you helped a guy by giving him a lift to take some stuff left by students for his kids. That got me into tears. Remind me of how grateful i should be eventhough i'm less compared to others and also how being rich means bringing more goodness to other less fortunate.

it's helped push me along toward being more of a self-made man and less of a desk jockey

i'm getting a better feel for the DO IT NOW attitude. because of your roth ira post, i opened a roth ira within a couple days after reading. your site is one of my staple sites i visit when researching/learning and keeping updated on finance stuff. the others are and

Well, you encouraged me to invest in my company's 401k starting at 22 years old. Two years later, I now have over $4000 in there. Not much, but it's a start! Also given when I started saving, that means it's equivalent to saving around 7% of my income. On a low income, that is not bad.

I love the 'barrier' article

I cut my credit cards and consilated my debt. Paying monthly and will be finish paying it shortly.

I think the title of the blog actual is a lesson in itself, because it shows that saving for your future (ie retirement, maybe a house) is not just some task for a far-off end--it's a state of mind. Having your finances in order and a firm grip on your cash flow enriches your life now.

I am actually not interested in being rich. I just to learn how to manage my money well, so that I'll be financially secure when I'm older.

I found emigrantdirect, which is now offering 5.15 which is leaps and bounds better than ING's 4.35. I'm making much more in interest each month...and that's all it takes to get me that much closer to being rich. I also loved your simple excel budget. Microsoft Money and Quicken drive me bonkers with all the bells and whistles...excel gets the job done and I can still track my money at the level of granularity that makes sense for a single guy who owns a condo.

'Tell me a story' is one of my favorite lines. I use it when interviewing job candidates. I get a better and more telling response than if I had asked 'Tell me about yourself.' Unfortunately, I don't have a great story for you. Your blog did not change my attitudes or behavior about being rich. But I am not your target audience. Your blog gives me insight into what responsible young people are thinking. You are doing a great job. Case in point: a post from a long time ago where you detailed the opportunity cost of going for all A's in college rather than going for merely good grades. Social skills are the most important thing you can learn in college. The second most important thing is learning how to learn. The bull market is over; now when a company needs a quant they outsource for it. There is no substitute for being the person who everyone wants to work with or for, and for being the first to adapt to changing realities.

College students are expert at getting the most bang for the buck and saving money while still having a good time. The birthday story at the nice restaurant was useful. Using the same approach as a college student while modifying slightly for people who have a little more money would be informative to me.

I only know that there is some reference to start with, if I want to get serious about investing. Reading the blog by itself hasn't given me the energy or the interest to manage my finances, but that's no fault of the author.

It has made me more careful with my purchases.

Well, I've been doing most of what you advocate since I got out of school in 2003. I got started in my 401(k) as soon as possible and contributed as much as possible (never less than the amount needed to get my company's full 5% match). I made a habit of saving 13-15% of my after-tax income in one way or another and established a budget long before I knew your webpage existed. What you did do for me is help me start earning a metric shit-ton (that's a technical term, more than an assload, but less than a kilo shit-ton) of interest on the my emergency fund (now nearly $10k). I had it stashed in a traditional savings account with my local bank earning a pittiful 0.56% interest for years. I recently opened a high-yield online-only savings account with HSBC and am now earning 5.05% interest. I'm making more in interest each month than I made in my best -years- with the traditional savings account. I didn't even know such an account existed before you linked to HSBC's page.

More-so about managing my money properly. My mother is a CPA and never took the time to lay out money management pratically for someone my age. I come from a well-off family and our views on money and 'being rich' have always been down-to-earth and aligned the way you suggest.

The barrier story (i have it on my wall), it has empowered me to start my stock portfolio (small now but guge someday), open that college savings plan for my nephews and walk every day to work to get ready for the mt ranier to coast relay next year!! *phew*

It steered me away from mutual funds.

I've started tracking all my cash expenditures and putting them into Quicken every Sunday. It's been an enlightening experience so far just to really see how much I spend on things like eating out and getting drinks with friends. Next up will be to try to cut at least 15 percent from the dining and drinking budget.

One of the first entries was around how percentage rate shouldn't matter on a credit card, because it should always be paid off anyhow. This was especially for rewards cards. This was one of the drivers to agreeing with my wife to get a rewards cards for gas/groceries because these are items we'd buy anyhow. I looked for ones with the best rewards, regardless of interest rate.

through reading your blog and other personal finance blogs I am more aware and concious of my finances

I LOVE your 'It will never get easier than now' series- it sparked some great conversations with my boyfriend, and led me to explore some options for moving abroad sooner than I had thought possible. Thanks!

I am going through a break up at the moment, and your blog is helping me understand how I can retake control of finances.

I used to think that rich was all about money, but after reading the story about the woman in NYC who always bought dinner and drinks for all her friends, my perspective changed from being about net-worth to net-relationsihps. Of course money can't buy true friendship, but it lets true friends share a better time together, so now I'm a little more frivolous with money when it comes to friends and loved one. You're only young once, and I'm sure the older me will forgive the younger me if I don't save that extra $50 on a round of drinks to get the night going.

I more read out of boredom and because I have found a couple of funny articles. I dont think im in your demographic because it didnt really change any attitudes of behaviors. Im surprised more people arent already aware of the stuff stated in your articles!

do more donation and well-fare

it has not yet

I really like the idea of the multiple accounts for checking, savings, investment, etc.

I don't have a good story to tell, yet. But I'd say a major journey I've taken since reading IWTYTBR is the journey to find out why I want to be rich and trying to better understand my emotions surrounding money. I don't know the answers, but at least now I'm asking the questions. Thank you for that.

I find the site is more motivating in general toward achieving the goals of a young professional and how to get what you want out of life -- not necessarily money related, but personally and professionally motivating. Not just monitary wealth But the financial advice is spot on and reinforces good financial practice, which is always good to hear

Hasn't changed my attitude, but makes me relieved that someone is trying to help people understand how important and easy it can be to save more and spend less.

Not really changed anything. Appreciate the blog, nevertheless.

i have been trying to get my husband's and my accounts in order this summer and get us on our feet financially. after reading your stuff, I decided to open a high yield savings account, which I had been meaning to do, but hadn't actually done it.


Helped me get out of debt, start a 401k and am considering an IRA.

hasn't yet

I haven't changed anything significantly.


uh dunno

Your car buying speech convinced me to get rid of my old car and splurge on a new one! Yay!

This blog actually makes me realize that I should not waste my time and take the full advantage of my golden year.

The Time Value of Money.

I've realized that one can't be passive about money. So, I've decided to pick up a Suze Orman book and stop cow-towing to my 'barriers'.

The what you can do while still young makes me want to do more with my free time and perhaps travel somewhere exciting before I settle down.

It's taught me that wealth and finance is something I have to be more proactive toward and that I must take more responsibility for my own financial well-being if I want to succeed and reach my potential into the future.

'It Never Gets Easier Than Now' made me realize that should quit my boring, mediocre job and finally start the company that I've been talking about for years.

sorry- nothing comes to mind today. maybe tomorrow?

eh, i'm too lazy

Great advice, mostly on point.


I have completely reorganized my finances as well as my spending. I'm almost done paying my credit cards and once that is complete, I'll start investing more and more.

I've stopped doing many going to expensive restaurants that leave you value for money.... stopped buying things on impulse, negotiating wherever I can!

I am a college student. I am in a town of 22,000 student, 15,000 of whom are student's themselves. Your blog keeps me in check about what I want to do with myself. Leaving high school, I've always had the idea of making it big, investing well, and retiring at 40. After growing up a bit, and reading a ton of blogs (this and many others), I've come to realization that I don't need to make it big to be rich, I need to live smarter. And along the way, possibly helping friends and family do the same. has helped me focus my mind on what is important, which isn't necessarily money, but rather that the overall picture is what being rich is all about. I'm a horribly writer, bear with me.

Like you said, getting rich is not that exciting most of the time. Just following the basics (keep a budget, keep track of what you do, save a little, live a little)


You are never too young to start investing in retirement or anything. I seriously considered Roth IRA after reading your articles, whereby before that I never think about retirement.


Still waiting for it to happen. Have been reading it only for a few days

i finally started categorizing all of my spending in my budget, great to see where the money goes.

hmm, no specific story right now. But your articles helped me to realize that I need to start investing and saving money now, when I have plenty of them with little costs. It also inspired me to learn more about various accounts offered by banks, and to open savings account.

I rolled my eyes at the URL because I thought this was another 'let-me-sell-you-my-product-on-how-to-get-rich-quick.' I was very pleasantly surprised when I actually read through the blogs. It's changed my attitudes regarding investing/saving because I'm a very risk-adverse person. I will now seriously consider investing. Loved the part about always being able to 'go back to corporate'; my risk-adverse-ness plays into my not wanting to venture out into other career paths, but your ideas are encouraging. Loved the customer service section. I thought I was the only one who was 'uptight' when it came to the quality of service I received. With all the insightful and PERTINENT advice you've got on your site, I feel like you're talking to me.

I like your opinion about saving money and investing it.

I guess I'm what you call a 'mommy blogger'. it's helped me to expand my reading from just reading mommy blogs and menial stuff.

One of my favorite posts is a link to 'Ian's Post on Initiative'. It inspired me to muster up the courage to ask for help when I needed it. Whereas before I would have retreated to searching on the internet for the answer for hours, I simply sent an email to my accountant to ask for help. And he was very forthcoming with advice!


Unorganized person become a organized person...

I never though personal finance software was worth buying until I saw your article that reviewed financial software, and recommended Microsoft Money 2005. That program has really helped me to narrow down where my spending is going, and I now save money by making my own lunches instead of buying from a fast-food restaurant. Also more money/investing conscious. And I now think about other things besides money, such as being more social. Thanks a million! (one of these days, I'll have a million)

It reminds me to focus on my goals and look at the end results I desire from becoming rich (or just no longer broke), not just the idea of being able to buy a bunch of shiny toys. I want to be able to help friends in need, be generous with money without it cutting into paying the bills, buy my own land, and do good things - and I can take steps towards those goals now.


It has made me realise that financial planning is not just about being rich, but is also about giving myself the choice to do what I want. i.e. I am not going to pay off my uni debt because as you pointed out, it is smarter to park my money elsewhere (when I actually get some money). Also, I am thinking about going against the norm and instead of upgrading my car I am going to sell it. I realise i have a great access to public transport and I am a bit of a environmentalist and cars are fuckin expensive anyway. So for me, it has reminded me that if I cut back on some materialistic crap that I don't need then I can actually acheive the things that are important to me. I wasn't paying a lot of attention to what I just wrote so I hope it makes sense.

It has not changed my attitudes or behavior yet, I'm not really reading it for that. It's another point of view.

by simplifying everything. Not using big moves and quick fixes. Budgets, targets, spending allowances and looking at good savings accounts.

I re-evaluated my current spending, vowed to stop using my credit card, opened a savings account and made up a savings plan. I'm tired of all my money going to pay off my credit card that has a balance that somehow always stays the same.

I knew I had to understand retirement accounts better, but had tried a few avenues, some of which did a really good job of explaining what it is, while others were just filled with language that would scare away a weak-hearted person. I did not completely understand how the retirement accounts worked, until I stumbled on your article - 'The World's Easiest Guide To Understanding Retirement Accounts'. It was just amazing, and gave me the basics I needed to digest more complex information on this topic. Thank you!! I wish I had the luxury of attending a lecture similar to yours when I was in school.

as I mentioned, just started reading - so no solid opinion or story yet. I am a well read person, and usually stick to a resource only if it makes me think and challenge populist and my views

I passed out (MBA) in April and now working in INFY. Since i wanted to become an enterprenuer, but stuck in a job for time being, the urge of entreprenuership has again become high after reading the posts like 'its easier now'. And yes, i luved the idea of logging customer care calls in excel sheet and then baffling them the next time with the call detaisl

Nothing really. I liked the automated account article because at affirmed that what I did with my cash and how I management my finances wasn't that stupid.

Open discussion about being rich or becoming rich is a good thing. Most people talk about 'What it would be like...' but, many of those who are rich fail to pay-it-forward. I myself, enjoy enlightening those who want to know. Each of us has a story inside of us... of the HOW. Each of us just needs to go through the process.

i am new here, so i can't say anything changed. Time will tell.

It has given me a drive to become an entrepreneur before I initially decided to be one.

It has aloud me to confirm opinions I never knew I had

Well, I love the blog on index funds compared to mutual funds. I spoke to my father and brother about their 401k investments, and how they were doing it all wrong (putting in a measly 10 bucks or so a paycheck), and I regularly check my portfolio to see where I can optimize it, and share the info with family members. I don't know, there's just so much about your blog that I do like.

I was saving to put money in a managed fund, but will now be putting it in an index fund. This plan was going to take place in a few years, but I started last year because of the start early, save often advice I read here.

I am still a new reader but i have a business project and i hope i will succeed with all i will learn in your blog. In challah.

No specific stories to tell, just a drip-drip effect on my attitude.

nothing, I've become interested in 'going rich' before discovering your blog, so it's just a plus

I've convinced myself at the age of 20, in less than a year I'm going to open an roth IRA and start investing for retirement. I've also reaffirmed that my own personal investment strategy was already pretty good. I had set up a checking, savings and a high interest account already and use my checking for short term (2 weeks), my savings for long term (2 months) and everything else goes into the high interest account. My credit union allows instant transfers between the accounts so it's not a problem if I need money quick...

Changed?? not sure but you do get me thinking and re-consider some things. Right now I'm going thru some financial struggles have only $120k cash and 600K in a upscale home I can't sell. And I'm not owrking anymore cause I was buying homes and rehabbing them but too worried about buying anymore since they're not selling feel as though I have to start over and the cash is going out at arate of $6000 per month not good. Any ideas on how to get a real unique home that is priced great for the area? IF you wanna see go to realtor dot com enter one of...$650,000 price in Maple Grove Mn 8941 Vandegriff take a virtual tour. Anyway keep up the good job obviously your a smart guy. Thanks, Kelly

I started working one year ago. Before I found this blog, I used to say that I was going to open a stock account and start managing my money. Now, I opened a stock account and I'm tracking my expenses/savings.

Im a fairly new reader so nothing to tell yet. I am going to take on board your 3 accounts suggestion however.

Not yet.

I literally onlt started reading the blog last week so I'm yet to make any desisions based on the advice you've provided me with. However, I must say several of my attitudes towards the way I'm living my life have changed somewhat as a result of your 'It Never Gets Easier Than Now' article.

I actually bought some stock (which went up!) and set up an ING Direct account. I now have a more can-do, hands-on approach to mooney.

Last week, I had to change some Rupees into Euros since I'm going abroad for further studies. At the bank, I happened to remember the blog you had written about having your bank sevice charges waived - 'sometimes all you gotta do is ask'. So, I told the bank lady 'Hey, my dad's been a customer here for so many years and blah blah blah, could you give me a discount on the exchange rate?'. She consulted with her boss and knocked off 10 paise from the Forex rate! I saved Rs 500 that day.

none yet.

I have just started reading...

Don't know yet


I've been flailing around for thirty years, not doing much more with my money than spend it. I knew I should be doing something else, but I didn't know what. Ramit said, 'Pull up your socks and do THIS.' And whoa! He's right! What a relief.

I now have a more thorough understanding of what it means to 'let your money work for you'. Before I stumbeled across your blog, investing was a gray area for me, I didn't really know how it worked.

Don't have one.

It changed my thinking about money and security relative to my age. I now understand that being 22 is the time to start investing and saving for retirement. I plan to open a registered savings account this fall.

I found IWTYTBR while googling about negotiating. After reading one of the articles, I realized how often I let businesses that I patronize offer me substandard service or even screw me over just because I am uncomfortable confronting them about it or just asking for what I want. Ramit made me realize how utterly ridiculous it is to be that type of customer. That article really helped me gain the right perspective.

It has not yet.

I absolutely loved your discussion of frugal vs. cheap. I actually forwarded it on to some friends of mine...we had previously had a debate and several of them argued that frugal was the same as cheap. FOOLS!!!

Thanks to IWillTeachYouToBeRich I made a plan and started to invest 50% of my income every month. Right now I am about 8% there. If i stick with the plan then by the time im 30 i will be a millionaire

Truthfully, it hasn't. With a grandfather who volunteers personal finance advice to anyone recommended to him and an already frugal sense of behavior the site hasn't done much in changing my attitudes or behaviors. The closest thing I can say is that 'If not now, when' post came at a time of burnout and got me off my butt and moving again.

I bought a personal finance book :) 'Barefoot Investor' to be precise I started to save for my own funds

After reading a lot about what you had to say, I switched to an index fund in my 401k.


I originally stumbled upon your site after graduating from college in '04. I was seeking out financial advice, because my financial intelligence was lacking. With a steady paycheck coming in, bills to be paid, and retirement to think about (yes, I'm proactive), I needed solid advice. My parents were never strong on financial intelligence, so it was natural to seek out information from other sources. I found your site, absorbed the principles you taught, and am on my way to being financially intelligent!

Save, spend less than you earn, save!

The biggest thing is that I've started learning how to take the long view. I'm not going to be rich tomorrow.

I need to stop making excuses and just do it. I haven't yet, but I'm hoping I will get off my butt sooner than later.

Did not change. Merely reinforce that conforming may not always be best.

N/A yet.

I've opened a CD at ING Direct.

gave me a vote of confidence that i too can be rich w/article 'it never gets easier...'

This is one of a number of blogs that helped motivate me to: write down a budget and to track my finances more closely through yodlee.

Inspired me to quit procrastinating and start investing

It has really helped convince me that I'm not crazy to be thinking about the long term financial future of my wife and I... even though I'm only 23.

Once we took the time to truly analyze our monthly earning and spending, we realized could pay off her school loans and still have a comfortable level of savings. On a less specific note, I'm very conscious of myself and others trying to hide behind barriers.

Nothing too specific, but it has made me more aware of what my decisions now could do later on down the road.

Well, I can tell you that your blog has made becoming rich seem a real possibility. I have read books on stocks and investing, etc., but you made it seem more concrete by being an example of a young person who is on the path to being rich. I always understood the concepts of consistent saving, but by providing me an example, you made it easier to follow the 'sensible' concepts of finances. I think the best example would be with consistently investing a percentage of all income as a form of long-term investing. I 'knew' the concept in my head, but I never decided to follow it - now that's changed.

It hasn't. It has just reinforced my attitutes/behaviors.

The first steps: scheming my expenses and making a budget. I got Quicken 2006, started to record my expenses, and cut them by 50%. With a little time, I managed to repay all those debts I was starting to accumulate, and have now a strong credit, no debts (though no money yet), and will soon be ready to be rich :D

Buying my new car. Your struggle and analysis when you purchased yours was very helpful.

I guess the most concrete change in my life due to this site was the realization that I need to start saving now. I was one of those 20 somethings who barely saved for retirement and cashed out my 401(k} when I changed jobs. I had been reading other blogs about investing and saving and I knew I should start saving more for retirement and saving in general, but I just kept putting it off. Your site really pushed me to start now and stop coming up with excuses. So I did. Now I've got a good savings going into my 401{k}, I've got a Roth started as well as solid emergency fund stashed away. It wasn't rocket science or anything, but I just needed that push to start saving and your site did that. Thanks! :)

Just started reading.

My parents saved money by working hard, saving as much as they could and putting away in the bank - fixed deposits! URGH!!! I came upon your blog around the time that I realised that I didn't want to make money the same way that my parents did. Your blog has made me take a long hard look at personal entrepreneurship and the way that I think about my money and wealth. It also makes me realise that as a 25 year old, I may not have a lot of cash, but I do have time on my side.

Hmm. Well, you make it seem possible for younger people to put themselves on the road to being rich, although that might seem impossible in the face of student loans, other debt, etc. Your straight talk and advice for building good money habits are inspiring/encouraging. Lots of other financial-writer-sorts are hard to relate to, and often speak in the abstract. You tell stories about yourself and people you know, and that makes a big difference in terms of how truthful and understanding you are/seem.

I have learned that I cannot trust anyone else to manage my finances.

Got me back into the habit of saving

I followed through Ramit's financial kickstart series this January and now I have an ING account and an IRA with Fidelity. Thanks for helping me get of my a@# and doing something.

I've been between jobs a lot lately after doing some extensive travel abroad and found it very difficult to budget well b/c I was relying on income that wasn't always guaranteed. Now I have a good job and can some of the budgeting advice plus advice about my 401k. It was a bit disappointing to see my first paycheck and notice that nearly 30% of it was gone. Then again, 15% was taxes and the other 15% was for my future (what I had allotted for the 401k). The advice you gave about starting retirement plans early definitely caught my attention and now I'm glad I have this new vehicle for savings (and without any effort on my part!). Now I just have to keep to my budget and I'll be off to S. America for 6-10 months next year.

I no longer am so afriad that I've only started working on my finances. As I read the articles een though I am old things still apply. I don't feel guilty because I started so late. It is harder but at least I'm doing it.

I've forwarded some of your articles about not putting up barriers for yourself.

It hasn't so much as it reminds me of what I didn't know when I thought I knew it all.

This blog has helped me realize that being young is an advantage in ways more than just having more free time or having energy. The things I do today have a much larger impact on my life than what I do tomorrow. It has allowed set me on a path to plot my goals and to learn how to reach them.

It hasn't really. I've already been on track to change my approach to managing my finances, but I find some good information on the site.

I'm not sure it has yet. I'm still working on my attitudes and behaviors.

I don't think I'll be rich, but I will have habits that will keep me from worrying about money. I enjoyed the article you wrote on how to structure savings accounts. After reading Kiyosaki's book, I also found it refreshing that someone a) also found his amway riches unappealing and b) knew that there was another way to become secure.

Not much, it just helped me to refresh common sense of financial life.

I've started aggressively paying down debt (20% of my gross), and setting up an emergency fund (10% of my gross). It's been uncomfortable to live on just 70% of what I was before (and that even pre-tax!), but I have made huge strides in the last 10 weeks to get things back in order.

The story about the guy who used coupons but splurged on a couch reminded me to be frugal with large purchases as well as small ones.

Not so much about being rich... as I feel rich with other things besides money, but it has opened my eyes to some new techniques to use money and other ideas about credit and actually having a blog (that might make profit). Thanks for sharing!

Well, I opened my savings account for one. And payed of my credit card debt and piled up savings! Much happier now.

Nothing yet. I'd forgotten about it.

It was a dark and rainy night in October... I figured out that you become rich by being valuable. Increase you value by making smart decisions that others do not. Watch your finances, look into them frequently. I do not do this enough. More than anything its important to follow through with your ideas. Interested in business, I know I am, so I want to do it. Having a man like Ramit who will back you up, helps. Thanks Man.

When I first started reading this site, I already had a 403b retirement account and had been direct depositing $100 into it every two weeks for about 2 or 3 years. I still had over $20,000 in cash just sitting around that I didn't know what to do with (I pay cheap rent and had managed to save a lot over the past five years). I had asked my parents for advice but they didn't really have any, so I just put $15,000 in a high-yield e-savings account. After I read your investment columns I opened an account at TDAmeritrade, put $4000 in a Roth IRA and bought some shares of VFINX. I put $10000 more into an individual investment account and immediately invested $5000 in a combination of stocks and index funds. I still have to get off my ass and put the other $5000 someplace, as well as set up monthly transferrals from the savings account to the investment accounts. Oh, and I doubled the amount I put into the 403b, so now I drop $200 every pay period into that. So far I have taken a hit of a few hundred dollars on the stocks and funds, but I'm confident they will pay off in the long run.

Has helped me to not feel guilty about spending more now... for things i won't be able to do in the future.

Reorganized my banking accounts to the 'inbox - outgoin fixed payments' account (includes money transfers to the other accounts), the 'go ahead, spend everything in here daily living' account, and the 'short term' savings account, and the 'retirement' account. My entire money flow situation has never been easier and requiring less of my time than it has been since doing this.

Wealth is largely a matter of attitude. While there are plenty of factors that contribute to a person's wealth, I've begun noticing little things that people do - organizing their finances, setting budgets, getting a high-yield savings account - matter a ton. When a friend or family member complains about money, I can usually rattle off ten things that he or she is or isn't doing that could help. Your site lays many of these out, as well as giving me new ways of viewing personal finance and entrepreneurship. I wish I had developed this attitude earlier, but I'm very happy that I'm doing as well as I am at this age.

Making, saving money is not just financial, but psychological, as well.

Not so much toward being rich - I'm smart enough to know that one person doesn't have all the answers (no offense) - but you've definitely opened my eyes to things I don't typically think about. Example: I have a basic credit card (no rewards/cash back) with a very high APR. I didn't care because I pay my card in complete each month. But your posts about how available credit can affect credit scores/loans/etc, and about how some credit companies calculate their finance charges daily/monthly motivated me to look at my card more closely. I transferred.

Just started reading last week.

Hasn't changed my attitude yet. Your website seems more informative to me than attitude changing. My Story = I am currently working for a small company and I love the way small companies operate. Your voice is heard more, you get a variety of tasks, tightly knit groups, etc. However I have currently learned all that i feel i can learn from this position. The opportunities to move up in this company are very slim. I have now accepted an offer at google for a temp to full hire. This pays ALOT less than what my current job does...but your article about getting experience being more important than money early on has inspired me to make this move despite rising interest rates and my condo mortgage kicking my ass.

Credit, mine sucks...I screwed up as a college student and read your site when I need a good swift kick in the ass on not using credit cards and trying to pay down my balance

you got me to think about my money more and to be more conscious of it. I've consolidated some of my accounts and it's more manageable now

It's made me irritated for taking jobs without 401-Ks in my 20s. However, I think discussing sound financial planning for people in my situation is also a great idea. I don't know if Rich gets a cap at the end there, though, sport.

I would like to, but I pretty much came to the site with my head on straight. I'm in the choir.

it got me to start creating a budget and now im on my way to opening up a high yield savings account

I love all the great personal finance hints. I've always been scared/wary of investing, mostly b/c I have had no clue where to start. However, after reading your blog (and a few email interactions), I've gotten an understanding of what my next steps should be after handling my current debt. I've already opened a high-interest saving account, I'm planning on getting a retirement account going and the possibility of diving into some real investments.

made me want to invest

As a college student, I have definitely become more aware of how much I am spending and have become more frugal. It has also made me start putting aside money to put towards investments and was one of the starts towards my becoming infatuated with the stock market to the point that I am constantly reading news and balance sheets throughout the day. However, I'm not quite sure if the buy and hold strategy is necessarily the best (Jim Cramer has a compelling argument against buy and hold)

changed? nah. just re-inforced.

I've finally started investing in stocks and I have all my mid-term $$ in an ING account (now I have 5% growth instead of the 0.5% I had before).

there was truth in your comment about spending money everyday, even if we don't actually pull it out of our wallets. i have a nonpaid internship this summer... opportunity costs but transportation costs as well (but i love this job nonetheless)

Although I don't specifically credit this blog with making me want to invest, it was after reading one of your financial makeover 2006 get-on-it type posts that I decided to man up and sign up for my Scottrade account, and now I am about $200 in hypothetical stock market money richer.

Noyhing I can think of so far.

i am setting up my budget as we speak, i like how you show to divide your money

I'm inspired by you because I identify with your youth and your systematic way of thinking about finances.


I read the one about credit cards. I started actively looking at my rates and asking for what I wanted. I also opened an ING savings account.

Your blog has helped clarify some issues I had about setting up an IRA. It is hard to find clear information that isn't trying to sell a product.

same answer

Well, I know now that everything is negotiable. :)

Decided to invest in an index fund because of the site.

It hasn't changed it, just reconfirmed the belief I have that a high salary combined with intelligent financial decisions is the best route.

I really liked your barriers post. I have it bookmarked. I ended up going back to the gym to work out because of it.

open roth IRA

none yet

I'm just looking for an index fund.

To make it the objective to not allow my money to sit in my bank account, yet not to spend it on short sighted items. I wish I could say I opened an investment account and put in a grand or two of money in, but as of now I completed the first step in completing that goal and that is to open an ING account to save up money to open that investment account.

This blog has taught me that being Rich has less to do with your actual earning power, and more to do with managing your money well. In college I got a generous monthly allowance from my parents, but I never budgeted and somehow was always in dire financial straits by the end of the month. Now I am a grad student, making less money than my parents gave me before, but with only a little bit of budgeting, I feel like I have a lot more financial freedom.

1. I've made a budget. 2. I've started up my 401k. 3. I'm going to invest my bonus in a Roth IRA. I wouldn't have done any of those three things (for a long time) had I not read your site.

I only recently started reading it.

You have caused me to stop waiting around, remove all barriers, and take financial control of my life. I have begun actively investing, set up a high-interest savings account, maxed out my 401k, begun setting up my own business, and focusing on the things I want to do in life. I should be setting up my own blog (on a different topic altogether) soon.

It hasn't changed any of my attitudes as of yet but there is always tomorrow.

Got me to overcome the 'I'm only 23, I don't need to worry about retirement.' mindset and start up an RRSP.

I don't know if this blog has changed my perspective per say, but it kept me interested and understand financial matters better. I am in the process of buying a car and your debate on new vs old and the comments that followed, helped a lot.

For me, it's not so much an us vs. them mentality between the haves and have-nots anymore. We can all be a part of the haves with the right knowledge and a little discipline. Thanks to your website I see how a little education about finance and personal entrepreneurship can be used to sublimate the aforementioned impression that most of my friends (relative have-nots for some reason or another) have clung to. Unfortunately, I think most of them are still not quite ready to give up the idea of not buying something big they don't really need (like a bigger tv or yet another iPod) now in order to save money for retirement in 40 years.

just saw it for the first time last week.

You just helped me realize that I'm not the only person in the world with finance sensibility... but we are few in number. You also spoke with me on the telephone regarding entrepreneurship and some business ideas. That is absolutely steller. Who else would do that?

basically its enjoyable time pass.

thinking about what was easier to do today. My motto is 'strike while the iron is hot'. That story cemented my motto a little more firmly and made me realize that a lot more in life is harder to do later. I need to seek it out now rather than regret later.

It hasn't really changed my attitudes or behavior about being rich, it has simply reaffirmed what I already knew.

i am new one but still it makes me think how shud i plan for something in my future

Not much -- I just enjoy reading your blog from time to time. Sorry.

Not yet. i've read your blog for just 2weeks.

I can't really say right now because i'm just yet figuring things out.

I knew a lot of this stuff before I saw your blog, but I had lots of barriers that kept me from actually setting up the accounts and getting started. You helped me overcome these barriers and gain confidence with my finances and investing. Now I'm excited about my financial future. I'm 25, finishing up college, married for 1 year; this came at the perfect time in my life (well, earlier is always better, but I don't think I was ready to get started until recently). Now I know what to do with the CD and Mutual Fund accounts my wife got from her parents. I'm setting up a Roth IRA, a savings account with Emigrant Direct, we're upping my wife's contribution to her 401(k). Thanks for your advice--and most of all--motivation to actually apply it.

more confidence in doing my own startup Nice blog by-the-way, I don't happen to read it all that often, but whenever I have, I've always been very have a great written voice..and communicate extremely well... best of luck, Chris Talbot

Very careful with money in the last few months. Trying hard to become completely debt free (you may not encourage this, however, I have also recently began listening to Dave Ramsey). Realization that 'always' having a car payment or house payment is not a 'part of life'. Being so young, all advice is very encouraging.

Rich equals frugalness and broke equals materialism.

i liked 'it never gets easier than now.' Reading the 20 year old perspective is inspiring to a 40 year old.

showed me how easy it is to become rich through savings

Eh. I've been reading a lot of personal finance books so none of it is a big shock. The one thing I really like is that you don't treat all of your readers as if they are drowning in credit card debt. You discuss it, but not assume that's the case for everyone.

I like creating a budget and sticking to it. So when I budget $50/month for eating out, I almost always stick to it. After I read your post about paying a little extra every now and then because we can afford it, I did some reflecting. I've convinced myself (with help from your blog) that I should splurge every now and then. I also went on two vacations the past two weeks and loved every second of them. I hadn't taken a vacation in almost 8 months and after coming home I realized that I need to treat myself to a vacation way more often. The day after coming home I was at work and went to your blog to see that you had posted about doing things now. I can't agree more and am definitely going to do more things now since I have the time and can afford to do them.

save save save

I'm not sure that it has changed my attitudes or behavior. In fact, what is has done is reaffirmed a lot of my own beliefs and understanding of many things.

I feel that some of the topics you discuss I have been doing for some time; some things are new to me or I do not follow them exactly as discussed. I firmly believe that our failures in financial matter is a problem of education. We don't talk about 'such things' and as a result we don't know what good habits are and how simple things can get out finances organized and moving in the right direction. It all comes down to education.

This sounds like a request for a testimonial. Do we get attribution? I have forwarded many of your posts to friends and my ex-girlfriend as instructive stories about how to think about money and manage their finances. Again, I think your voice is similar to mine, but being a different person and having the kind of involvement from other writers/bloggers that you have, it helps to get your points across to the people with whom I share the posts.

see 7 above

I've never much cared about money. I've always more or less just let it sit there in the bank. Silly me... IWillTeachYouToBeRich has prompted me to take a more active approach. Your advice concerning Roth IRAs and similar topics has been useful.

I think more about where my money goes. Growing up, I never really thought about finances or the 'fear' of finances made me not get into it. The more I know, the better I feel. My wallet got stolen and I wasn't afriad to call up these huge ginormous institutions like Experian, etc... to talk to these people about my credit. I opened a rothIRA and started investing in Mutual Funds, things I probably woudln't have done a year ago. I think this change is also from growing up and taking responsibility of my money.

Made me consider investing more


I think the title is a misnomer. Financial management and planning is about so much more than money, but your blog doesn't really get into that side of it. The title seems very Get Rich Quick, and I kept expecting to get spam email and pop-up ads. hadn't done much changes per se, as I've read about them elsewhere too, but is the way that the articles are written..that are more personal I guess, that keeps me coming back to read them when i have the time.


Not sure if I really want to become Rich, but do know I want to have enough money to not have to worry about things (in the future). In the past two years I've made an effort to pay of my debt and I've looked into pension plans and such. The system has changed a bit here in those two years, so I read lots of articles that compare the new (and so-called really great! option) to the old-fashioned one. Turns out the older one has more advantages... (for one, you can switch jobs and use that old system to 'fill the gap' between jobs, or you can retire and use it to keep going with your happy life. the new system will only let you use the saved money/time if you actually have a job, you can basically only use it to 'work less'). I don't think I would have looked into it this much if it wasn't for your articles.


hrmm, it didn't. one book that did though was: 'what should i do with my life.'


I'll let you know


Gives me motivation to get my financial arse into gear.


I'm too new to your blog but the 'What's easier now than later' has inspired me to plan for more travel time in the near future.


The best tip I got was about ING Direct and the 4%+ savings account.


I dont consider what I am trying to do is become rich but smarter with my money (being rich will hopefully come later). But previously I had one account and I had cash flying in and out and had no idea of income vs expense or what financial situation I was in. Literally living day by day. After following your simple start-up tips I now use quicken and was shocked to see I was heading for excessive debt. But now after following it for four months now my income is exceeding my expense and things are looking up. Your tips are something everyone should be tought.


Nothing specific comes to mind. Just like to read about was to save money and accumulate more of it.


Nothing. I educated myself about finance over the last few years, and found the Motley Fool boards very helpful. I find a lot of your financial advice weak and misleading. But I enjoy your stories.


Hasn't yet


I pretty much read through the articles and figure out how I can prepare financially in the future by starting with the present. I save as much money as possible so I dont' go out spending it on useless stuff. I do not have a set limit on how much I save every paycheck but I just put it away in my savings that I don't touch so I can let the interest add up.


One of the first posts I read was the one about setting up multiple accounts. That post introduced me to ING direct and to the idea of budgeting 25% to savings, 50% to living and 25% to recreation. I have kids and a mid-level salary, so I might have to work on the percentages, but overall it is a good idea that I have started to implement.