The 'I Will Teach You To Be Rich' Blog

How to make better New Year’s resolutions

Like most people, I used to set a New Year’s resolution on January 1st … only to completely abandon it by February. I’m not alone either. According to U.S. News, 80% of people who set New Year’s resolutions fail to meet their goals. It’s the reason why gyms will be FILLED with people in the first ...

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Most generous thing I’ve heard in a long time

The holiday season is usually a time of year that inspires people to be their best self -- and “live their best life.” But a trait that’s often undervalued when living a Rich Life is generosity. One of my favorite stories about generosity comes from Steve Wynn, the hotelier, in this article from The New Yorker. Steve decided to ...

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4 gift-giving tips to give the perfect present this holiday

Headlines like “Oprah’s favorite things!” or “Tech gifts for gadget geeks!” have been popping up in your Amazon sidebar for weeks, all of America’s malls are playing “Jingle Bell Rock” on repeat, and your niece just sent you an email with the subject line “WISHLIST — ALL ITEMS HIGH PRIORITY.” That’s right. It’s the holiday season. And ...

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How to give advice that people actually take

If you want to learn how to give advice that people actually listen to, there are two things you can do: Empathize with the person — and not act like an emotionless robot. Find people who want to listen to that advice. That’s it. Not following these steps will have you feeling like you’re giving advice to a brick ...

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Inverted yield curve: How it predicts financial disaster

The inverted yield curve is a graph that shows that younger treasury bond yields are yielding more interest than older ones. And it’s TERRIFYING for financial pundits all over the world. It’s a graph that could mean the difference between a thriving bull market or the downswing of a bear market. AND it’s been known to throw ...

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What is personal finance? 4 pillars for limitless wealth

Your personal finances are incredibly important. That’s because what you do now for your personal finances not only impacts your life today but also has far reaching impacts into your future. But … what is personal finance really? What does that look for you? And how can you best set yourself up for financial success in the future? Also why ...